5 Powerful Tips to Take Action on in the New Year
Don’t snooze on your finances in 2025!
As we step into a brand-new year, it’s the perfect time to take intentional steps toward protecting your assets, boosting your financial health, and setting yourself up for success. Whether you're a homeowner or a high-achiever looking to make smarter decisions, these five actionable tips will help you start the year strong.
1. Review or Establish Your Trust
If you don’t already have a trust, now is the time to consider one. If you do, review it to ensure it’s up to date.
Pro Tip: If you’re a homeowner, talk to your estate planning attorney about holding your home in the name of your trust. This simple step can protect your property and streamline future estate management. Chances are, your home should already be in your trust!
2. Make Sure Your Money is Working for You
Do you have idle cash sitting in a checking account? Consider moving funds you won’t need immediately into a high-yield savings account or a certificate of deposit (CD). These options can help your money grow passively and work harder for you.
3. Update Your Beneficiaries
When was the last time you reviewed the beneficiaries on your life insurance, retirement accounts, or other financial plans? Updating these details ensures your assets are passed along to the right people when the time comes. It’s a simple yet critical task to check off your list this year.
4. Cancel Unnecessary Subscriptions
Do you know where your money is going? Subscriptions have a way of sneaking up on us. I personally discovered I was paying $50 a month for airplane Wi-Fi I wasn’t using! Thankfully, I caught it and even scored a refund from the airline.
Pro Tip: Use tools like Rocket Money to identify and cancel unnecessary subscriptions quickly and easily. You might be surprised how much you can save!
5. Review Your Assets
For most homeowners, your home is your most significant financial asset. Knowing its current value is essential, especially if you’re planning to refinance, sell, or make other big financial decisions this year.
I’m offering complimentary home valuations. Simply send me a message, and I’ll provide you with an accurate and personalized report!
Taking small, intentional steps like these can lead to big wins throughout the year. Whether it’s protecting your assets, cutting unnecessary expenses, or making your money work smarter, these tips will help you achieve your goals in 2025.
Ready to take action? Contact me today to discuss how I can help you with your real estate goals.
