FI Minded: Achieve Financial Independence & Have Fun Doing It

Your Year-End Financial Checklist: 8 To-Dos to Complete by December 31st | E125


Listen Later

The holiday season is in full swing and I’m so excited to spend the next month celebrating with friends and family. With all of the parties and get-togethers, it will be 2024 before we know it. But before we say goodbye to 2023, I have a few things I want you to check off your to-do list.

In today’s episode, I’m going to give you a financial checklist of 8 tasks you may want to consider doing by Dec. 31 to tidy up your finances. Don’t worry, all of these tasks take 30 minutes or less so you can get back to enjoying the holidays.

So if you’re ready to set yourself up for financial success in 2024, let’s get into the 8 tasks on the end-of-the-year financial checklist.


Key Takeaways:

  • 8 easy and essential year-end tasks to complete
  • Reviewing your retirement accounts and adding additional contributions where you can
  • Rebalancing your assets to stay aligned with your investment strategy
  • Creating a debt payoff plan for 2024
  • Conduct a year-end tax review to maximize your savings
  • Applying tax loss harvesting to offset capital gains
  • Completing a Roth conversion to take advantage of a low effective tax rate
  • Reviewing your budget and finding areas to cut costs
  • Where to get your free credit report and a simple task to improve your credit score


Mentions:

www.annualcreditreport.com


More of The Struggle is Real:

Find show notes and more at https://www.tsirpodcast.com/

Follow us on Instagram at https://www.instagram.com/tsirpod/

...more
View all episodesView all episodes
Download on the App Store

FI Minded: Achieve Financial Independence & Have Fun Doing ItBy Justin Peters

  • 5
  • 5
  • 5
  • 5
  • 5

5

99 ratings


More shows like FI Minded: Achieve Financial Independence & Have Fun Doing It

View all
Afford Anything by Paula Pant | Cumulus Podcast Network

Afford Anything

3,548 Listeners

Money Guy Show by Brian Preston and Bo Hanson

Money Guy Show

3,209 Listeners

The Stacking Benjamins Show by StackingBenjamins.com | Cumulus Podcast Network

The Stacking Benjamins Show

1,986 Listeners

Marriage Kids and Money: Personal Finance for Families by Andy Hill

Marriage Kids and Money: Personal Finance for Families

598 Listeners

ChooseFI by ChooseFI

ChooseFI

5,128 Listeners

Millionaires Unveiled by Jace Mattinson, CPA

Millionaires Unveiled

898 Listeners

The Financial Samurai Podcast by Sam Dogen: Financial Samurai founder, personal finance blogger

The Financial Samurai Podcast

548 Listeners

BiggerPockets Money Podcast by BiggerPockets

BiggerPockets Money Podcast

3,084 Listeners

Earn & Invest by Jordan Grumet (Doc G)

Earn & Invest

435 Listeners

The Personal Finance Podcast by Andrew Giancola

The Personal Finance Podcast

1,406 Listeners

Risk Parity Radio by Frank Vasquez

Risk Parity Radio

265 Listeners

Personal Finance for Long-Term Investors - The Best Interest by Jesse Cramer

Personal Finance for Long-Term Investors - The Best Interest

124 Listeners

Two Sides of FI by Jason and Eric

Two Sides of FI

439 Listeners

Mile High FI Podcast by Doug Cunnington & Carl Jensen

Mile High FI Podcast

202 Listeners

Catching Up to FI by Bill Yount & Jackie Cummings Koski

Catching Up to FI

344 Listeners