Financial Checkup

When is the last time you had a financial checkup?

Getting a checkup is vital and important to any aspect of one’s life. Therefore, getting a financial checkup plays a very important part in one’s financial life. Getting a financial check will help to know where one stands financial. It will help to identify areas that has weakness which will allow one to plan effectively.

It’s becoming more and more prevalent to find individuals who have never done a financial checkup.  People avoid financial checkup for various reasons. Some of those reasons are:

1. Afraid of the result
2. Think it is costly
3. Avoiding the reality
4. Think they can manage on their own.
5. Financial literacy

Afraid of the result

Doing a financial checkup might reveal some chorionic financial diseases that is common today. Such the Cancer of Debt, the diabetes of no emergency savings or heart attach of filing bankruptcy.

Costly

Often time people are afraid of getting a financial checkup because they think it is costly. While getting a comprehensive financial plan done will have a cost attached to it there are simple and inexpensive way to get a financial checkup.

Avoidance

Some avoid the financial checkup because they are aware of their financial situation are afraid of what needs to be done to take care of their situation.

Financial Literacy

This is a topic that is rarely taught in schools. Most gets their financial education from parent or the school of hard knocks. While there are a several lessons to be learned from either. Seeking adequate knowledge to make productive financial decision is key. Even with the explosion of the internet people still find it difficult to get financial checkup.

If you have not had a financial check schedule one today or use this simple checkup sheet to see where you are.

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