5 Important Things to Consider as We Come To the Year-End by Rani Jarkas

Rani Jarkas‘ long and successful career in finance has helped him develop some of the most valuable and unique insights in the industry. Here, he lists five important things to consider as we come to the end of the year.


  1. Review your financial goals and objectives.


As 2022 comes to a close, it’s important to take a step back and review your financial goals and objectives. What worked well for you, and what didn’t work out so well? And most importantly, what do you want to achieve in the coming year?


Once you’ve reviewed your goals, it’s time to make a plan. How are you going to achieve your goals? What steps do you need to take? What resources do you need?


  1. Review your finances.


Carefully analyze your income and expenses. Where can you cut back? Did you have any unplanned or unexpected expenses last year? How can you plan for them this year? This way, you’ll better understand where your money is going and how you can make changes to save money.


  1. Review your insurance needs.


Your insurance needs may have changed over the past year. Did you get married? Have a baby? Buy a new home? All of these life events can impact your insurance needs.


It’s important to review your insurance coverage at least once a year to make sure you’re still adequately covered. If not, you may be putting yourself at risk for financial difficulties if something happens.


  1. Review your investment portfolio.


Your investment portfolio should be reviewed at least once a year. This includes looking at your asset allocation and ensuring it’s still in line with your goals, objectives, and risk tolerance.


It’s also essential to review the performance of your investments. Are they meeting your expectations? If not, you may need to make some changes to your portfolio.


  1. Celebrate your achievements.


Finally, don’t forget to celebrate your achievements! It’s important to take a moment to reflect on how far you’ve come and all that you’ve accomplished. This will help motivate you to continue working hard towards your goals in the coming year.


Professional and personal success awaits you in 2023. With these five tips from Rani Jarkas, your year-end will be off to a great start!