6 Areas of Finance

The 6 Areas of Finance

  1. Tax
  2. Estate
  3. Risk
  4. Insurance
  5. Investments
  6. Debt/Cash Flow

Action Items

Do you have your total financial house in order in all 6 areas above?

This week take 10 minutes go through the 6 areas and see if everything is in order.

  • By that I mean is everything your doing tax efficient?
  • Are you doing tax planning?
  • Is your estate in order - I read earlier this week Aretha Franklin died without a will. She is not the only one and it goes to show you few people have everything planned. At the very least get your will done if you don't have it.
  • Have you properly protected yourself against all risks
  • When was the last time you had your insurance reviewed? 
    • Is it enough?
    • Do you have critical illness and life insurance?
  • Investments - it might be time for a second option.
    • how much are you paying your advisor?
  • how can you increase your cash flow?