If you are serious about improving your financial life, develop a financial strategy. We’ve all heard the advice a million times: set goals, save, invest, create a sound financial plan. Great advice. All too often, we stick the plan in a drawer, pull it out every couple years and blow off the dust. Cross it off the to-do-list and move on with our lives.
What Are Strategy Review Meetings?
A strategy review meeting is exactly what it sounds like: a meeting focused entirely on strategy. What does your income tax strategy look like? Are you using Asset Location tax-minimization investment strategies? Are you taking maximum advantage of free money like employer-sponsored retirement plans and HSAs? Does your real estate strategy need to be adjusted? Is your small business taking advantage of applicable Tax Credits? Are you maximizing tax shelters?