Grading Your Finances: What's Your Grade & How to Improve It

Worth Listening

Summer is winding down and many people (or their children) are headed back to school. While we might be more than half way through the year, in a sense, it’s a new year for some and a great time to touch base on our goals. And, each day is a new beginning where we can start again and get back inline on working towards our goals.

With all that in mind, on this episode of the Worth Listening podcast, host Lauryn Williams discusses the importance of organizing your finances and how to grade yourself on your efforts. She starts by using herself as an example. So, if you want to know how a Certified Financial Planner grades themselves and what areas they are succeeding and struggling within their own finances, you’re going to want to listen to this. (Hint-Hint: She didn’t give herself an A+.)

After giving herself a grade and explaining why she chose what she did, Lauryn breaks down 5 simple things you can do to start improving your own grade in financial organization.

Here are a few things Lauryn shares in this episode:

• The importance of reviewing your finances and setting future projections when planning and budgeting
• Why we need to plan for the unexpected
• The role discipline plays in your financial goals
• The five steps to keep in mind when you’re doing financial planning
• • Write it down.
  • Set time-oriented goals.
  • Reward yourself.
  • Have an accountability partner.
  • Don’t count money you don’t have.

Lauryn also shares some valuable places where you can look for assistance and help with your financial planning:

• Worth Winning
• AFCPE
• XYPlanningNetwork
• NAPFA

If you’re interested in speaking with Lauryn to see if she’s a good fit for you when it comes to finacial planning, you can schedule a call here.