If you set money goals for 2023 back in January, now can be a smart time to check in on your progress. And if you didn’t, it’s not too late to create goals for the next six months and beyond.
“If you don’t have your goals, everyone is so busy with life that a year will whiz by and you’ll have forgotten to start,” says Dan Casey, owner of Bridgeriver Advisors, a financial firm in Bloomfield Hills, Michigan.
With many people’s money goals hampered by the dual headwinds of inflation and economic uncertainty, it’s easy to get discouraged if you haven’t made as much progress as you’d hoped. Financial experts offer these five strategies for using the midyear point as a way to get back on track, or to embrace a slightly altered course.
Define and refine what you want
Rebecca Eve Selkowe, New York City-based accredited financial counselor and owner of the financial counseling firm RebeccaEve.com, urges people to first define what they want their money to accomplish, noting…
This article was written by Kimberly Palmer and originally published on www.nerdwallet.com