Your Ultimate New Year Financial Checklist, Ep# 50

Checklists make life easier. Research has demonstrated the value of checklists in all industries from medicine to construction. Often our financial to-do lists are scattered tasks we think about often but struggle to complete due to the multiple steps involved. Most of us start the year with hope that this year will be different from this perspective. How much easier could tackling these tasks be if we had a checklist to follow? In this episode, we've compiled 12 steps to make sure you are starting the year on the right foot. We also discuss how powerful these things can be longer-term due to the value of compounding. Albert Einstein knew this, calling compound interest the eigth wonder of the world.  But how much does compounding matter in other financial areas outside of strictly math. Tune in to assure you have worked through this checklist, and if not, find ways to get help. What You'll Learn in This Episode The connection between compounding and habits. Your habits produce more compounding Quote: "People often overestimate what they can accomplish in one year, but they greatly underestimate what can be accomplished in five years." Peter Drucker. Quote: "The one thing we can always control in this unpredictable life is our effort. Effort creates action, action creates momentum, and momentum creates success." Dwayne "The Rock" Johnson. 12 Useful Steps for your New Year financial checklist. Check out the detailed show notes here: https://wp.me/p6NrVS-2UR