Audit Your Summer Spending: Set Yourself Up for A Strong Fall

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For many, summer is a season of “yes.” Between vacations, weekend getaways, and dining out, summer spending can often run higher than expected – quietly throwing your budget off course.  

But as summer winds down and fall approaches, now is the perfect time to pause, review your finances, and get back on track.  

Mid-Year Financial Check-In  

The last three months may have been about making the most of the season. However, the next three months are about positioning yourself to finish the year strong. Taking a moment to review your finances can help you gain clarity on your recent spending and strategically plan for the remainder of the year.  

Identify Hidden Spending Patterns

See where your money truly went versus where you thought it went. Those small, spontaneous purchases can add up more than expected.  

Measure the Impact

By reviewing your bank and credit card statements, you can work with your advisor to calculate exactly how much your spending may have exceeded expectations or your budget. 

Rebalance Your Resources 

Once you have a clear picture, you can identify areas to cut back or reallocate funds from. Pausing unused subscriptions or tightening day-to-day expenses can help you free up resources for what truly matters.  

Refocus on Your Financial Goals  

Fall often brings its own set of expenses, such as back-to-school shopping, holiday travel and gifting, and year-end commitments. A financial reset now can help you map out the next few months to ensure your financial plan meets your new fall priorities.  

Questions 

Whether you're looking to recover from summer spending, optimize your budget, or plan for future financial success, our team of advisors is here to help. Contact us.