<div data-offset-key="emuq3-0-0" class="public-DraftStyleDefault-block public-DraftStyleDefault-ltr"><span data-offset-key="emuq3-0-0" style="font-weight: bold;"><span data-text="true">Revise Your Budget:</span></span><span data-offset-key="emuq3-0-1"><span data-text="true"> Assess changes in income and spending. Adjust the budget to align with lifestyle and goals.</span></span></div>

<div data-offset-key="fne05-0-0" class="public-DraftStyleDefault-block public-DraftStyleDefault-ltr"><span data-offset-key="fne05-0-0" style="font-weight: bold;"><span data-text="true">Understand Income:</span></span><span data-offset-key="fne05-0-1"><span data-text="true"> Identify all income sources, including job, side hustles, and investments. Track changes throughout the year.</span></span></div>

<div data-offset-key="d310n-0-0" class="public-DraftStyleDefault-block public-DraftStyleDefault-ltr"><span data-offset-key="d310n-0-0" style="font-weight: bold;"><span data-text="true">Categorize Expenses: </span></span><span data-offset-key="d310n-0-1"><span data-text="true">Organize spending into categories like housing, utilities, and entertainment. Include annual expenses.</span></span></div>

<div data-offset-key="8oenp-0-0" class="public-DraftStyleDefault-block public-DraftStyleDefault-ltr"><span data-offset-key="8oenp-0-0" style="font-weight: bold;"><span data-text="true">Analyze Spending Habits:</span></span><span data-offset-key="8oenp-0-1"><span data-text="true"> Examine trends and areas of overspending. Identify consistent problem areas.</span></span></div>

<div data-offset-key="d2e7b-0-0" class="public-DraftStyleDefault-block public-DraftStyleDefault-ltr"><span data-offset-key="d2e7b-0-0" style="font-weight: bold;"><span data-text="true">Evaluate Necessities vs. Luxuries:</span></span><span data-offset-key="d2e7b-0-1"><span data-text="true"> Differentiate essential and non-essential expenses. Determine areas for adjustments.</span></span></div>

<div data-offset-key="3ju2c-0-0" class="public-DraftStyleDefault-block public-DraftStyleDefault-ltr"><span data-offset-key="3ju2c-0-0" style="font-weight: bold;"><span data-text="true">Adjust for Lifestyle Changes:</span></span><span data-offset-key="3ju2c-0-1"><span data-text="true"> Update the budget to reflect significant life changes such as a new job or relocation.</span></span></div>

<div data-offset-key="99bje-0-0" class="public-DraftStyleDefault-block public-DraftStyleDefault-ltr"><span data-offset-key="99bje-0-0" style="font-weight: bold;"><span data-text="true">Set Targets for the Future:</span></span><span data-offset-key="99bje-0-1"><span data-text="true"> Establish realistic spending goals based on the budget review. Allocate extra income wisely.</span></span></div>

<div data-offset-key="4r1ur-0-0" class="public-DraftStyleDefault-block public-DraftStyleDefault-ltr"><span data-offset-key="4r1ur-0-0" style="font-weight: bold;"><span data-text="true">Use Budgeting Tools:</span></span><span data-offset-key="4r1ur-0-1"><span data-text="true"> Employ apps to track spending in real time and receive alerts on budget limits.</span></span></div>

Financial Checklist

Preparing Your Finances for 2024