Checklist Financial End of Year

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• Has your life changed in the past year?
  Marriage, a baby, moving or a new job, for instance? You may need to change your budget to take these into consideration.
• Retirement fund.
  It's a good idea to contribute as much as you can to such tax-advantaged plans as your 401(k).
• Taxes.
  Do any recent changes affect you? Do you need to adjust withholding payments?
• Evaluate your debt.
  What do you owe? Try to consolidate your bills. The first ones to pay off are those that carry high interest.
• Check your will.
  Is it up to date? Does it reflect your true wishes?
• Think about insurance.
  How is your insurance coverage for home or rental, for life and for disabililty?
• What about the children?
  Talk about establishing an education savings account or taking advantage of a 529 college savings plan.