Summary
Remember those big financial goals from New Year's? Now’s the time to revisit them. Our mid-year checklist gets you in shape to recommit to your goals.
A lot can shift in six months, including job changes, surprise expenses, rising prices, or just plain life!
That’s why the summer months are the perfect moment to pause, reset, and realign your financial plan to match your current life status.
According to the American Psychological Association, those who frequently monitor their progress toward their goals are significantly more likely to achieve them. So, this extra check-in isn’t just advice, consider it words of wisdom backed by science.
Let’s dive into our mid-year checklist!
Revisit Your 2025 Financial Resolutions
We started the year off strong with a fresh Financial Detox, but how are our resolutions shaping up?
Time to pull up your budgeting plan, vision board, or notes list. This exercise is all about assessing your list of priorities.
Review your overarching big theme for the year, your north star. Does that still ring true? If so, keep it. If life has made a big turn and it no longer resonates, update it with what feels both valuable and reasonable.
Now, check the rest of your list, including milestones and seasonal goals. If some of these no longer feel aligned or like a priority, remove them and update your list with what matters most now.
There you go—you’ve successfully checked in and made sure your resolutions are still on track!
Update Your Plan and Toolkit
Let’s shift gears from your list of priorities to your strategic plan.
As the world constantly changes, it’s important to ask yourself, does your plan still hold up? Inflation and global headlines have a direct effect on your wallet. If your expenses have shifted, your financial strategy should too.
Here are some questions to ask yourself:
- Have I been utilizing my personalized tools to review and improve my financial health?
- Can I renegotiate bills, find better rates, or automate smarter?
- Am I building flexibility into my budget for emergency moments?
Adapting your toolkit as you progress in your financial journey helps you make sense of the noise. With context clarity, you can confidently follow your plan.
Do a Quick Summer Detox
Update your financial wellness with a summer detox. It’s a quick way to realign your recent progress and make the most out of the next couple of months.
Let’s zoom in on the summer season with this short checklist:
- Review your last 2 months of spending and flag anything that surprised you.
- Cancel unused subscriptions and reset your digital wallet defaults.
- Check your progress on debt payments and savings goals
- Set one new mini-goal for the next 30 days, like saving $100 or paying an extra $50 on a loan
Think of this exercise as a short and sweet version of a detox, one that gets you back into practice and ready to start the fall.
Reset Your Rhythm
Here’s the thing—we all fall out of practice or feel overwhelmed sometimes. The secret to financial wellness doesn’t lie in perfect consistency, but rather in getting in touch with a rhythm.
Start small by setting a reminder to review your budget and goals on a monthly basis. Maybe you find that Saturday mornings feel more inspiring than reviewing your finances on a Monday evening.
Next, add a financial review session every 3 months, where you reassess your priorities completely. That’s what we call a seasonal detox!
After a while, you will find your unique rhythm. It’s all about showing up, again and again, so your financial wellness practices get wiser!
Need a financial goal refresher or want to do a deeper detox? Re-visit our Financial Detox for that full reset plan.
