Don’t you just love summer? There is just something magical about summer that makes me feel happy! It seems to be the most peaceful season. It’s the time when I always feel a little more relaxed, even when I have the same amount on my “to do” list.
Summer is the perfect time to access where you are financially, because you are now almost midway through the year, believe it or not. Days turn into weeks, then months, and the year is gone before you know it. If you find that you are not on track to reach your financial goals for 2011, you still have plenty of time to make the changes that can get you back on track. Here are three smart money steps for the next week:
- Has your cash flow been positive so far this year? If not, what changes can you put in place now
- Have your investment accounts been performing at least in line with the overall markets this year?
- Do you have risk management strategies in place that will protect your capital during the next bear market? (The old stock market saying is “Sell in May, and then go away”!)
Take some time away from the heat and spend it on your finances. If you act now, you’ll feel like you are ahead of the game, since midyear is still another 3 weeks away. Financial women take proactive steps to earn and grow their money so they can create the rich life that they want.