How to Make 2020 a Financial Success

28: In this episode, we share 6 major considerations you can use to help guide your year-end financial planning — along with a few suggestions for what to focus on in 2020 to make it a financially successful year.

We dive into the importance of the following year-end planning topics, and explain exactly how to execute on each one:

1. Reflect on the progress you've made in the last 12 months
2. Make plans for the new year, personally and professionally, and make sure the priorities you set last year are still in line with what's important to you moving forward
3. Max out your retirement accounts and make sure you hit your savings rate goals
4. Evaluate your investment accounts (and make adjustments if necessary)
5. Understand how you can make the most of your charitable giving, and know the right moves to make for tax benefits
6. Use year-end planning as a trigger to start conversations and brainstorms about what you want the next year to hold

As a bonus, we're also throwing out some suggestions of clear, useful resolutions for your finances in 2020 if you're not sure where to start to make progress.