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In this episode, financial wellness strategist Marie Jo Caesar guides viewers through a thorough year-end financial review. She emphasizes the importance of assessing one's 2024 financial performance, setting SMART goals for 2025, and implementing systems to ensure ongoing financial success. The episode is packed with actionable steps and statistics to help viewers conduct an effective financial review, with additional resources like an interactive checklist available on her website.

*KEY TAKEAWAYS*

⭐ Comprehensive Year-End Financial Review
Gather all financial documents, calculate net worth to track progress, and assess financial behavior and goal achievements. Set actionable SMART goals for 2025, focusing on budgeting, savings, debt repayment, and investment strategies.

⭐ Debt Management and Fee Optimization

Prioritize high-interest debt using effective strategies like snowball or avalanche methods. Regularly review accounts to avoid unnecessary fees and maintain credit utilization below 30% for a strong FICO score.

⭐ Optimizing Investments and Economic Awareness
Evaluate investment performance, adjust portfolios, and leverage tax-efficient strategies like maximizing retirement contributions. Stay informed on economic trends to make proactive decisions and implement systems for real-time financial tracking and ongoing education.

*KEY MOMENTS IN THIS EPISODE*

00:12 Importance of Year-End Financial Review

02:17 Key Areas to Assess in Your Financial Review

05:03 Gathering Financial Documents and Calculating Net Worth

06:00 Reviewing Income, Expenses, and Debt

07:40 Evaluating Savings and Investments

08:43 Reflecting on Financial Goals and Habits

12:20 Planning for 2025: Setting SMART Goals

15:28 Creating a Budget and Debt Repayment Plan

22:42 Implementing Systems for Financial Success

37:19 Conclusion and Next Steps

✨ Download Your Free Checklist:
Get my interactive Year-End Financial Review Checklist to simplify your financial review. Track your progress, plan for 2025, and set yourself up for financial freedom. Download it here: mariejocaesar.com/year-end-financial-checklist

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