{"id":301737,"date":"2026-07-30T22:29:48","date_gmt":"2026-07-30T16:59:48","guid":{"rendered":"https:\/\/trybeem.com\/blog\/?p=301737"},"modified":"2026-07-30T22:29:50","modified_gmt":"2026-07-30T16:59:50","slug":"run-a-yearly-money-review-in-2-hours-each-january","status":"publish","type":"post","link":"https:\/\/trybeem.com\/blog\/run-a-yearly-money-review-in-2-hours-each-january\/","title":{"rendered":"How to Run a Yearly Money Review in Two Hours Each January"},"content":{"rendered":"\n<div class=\"wp-block-rank-math-toc-block\" id=\"rank-math-toc\"><h2>Table of Contents<\/h2><nav><ul><li><a href=\"#why-an-annual-money-review-matters\">Why an Annual Money Review Matters<\/a><ul><li><a href=\"#measure-financial-progress\">Measure Financial Progress<\/a><\/li><li><a href=\"#identify-spending-patterns\">Identify Spending Patterns<\/a><\/li><li><a href=\"#set-better-goals-for-the-new-year\">Set Better Goals for the New Year<\/a><\/li><\/ul><\/li><li><a href=\"#what-to-gather-before-you-start\">What to Gather Before You Start<\/a><ul><li><a href=\"#bank-and-credit-card-statements\">Bank and Credit Card Statements<\/a><\/li><li><a href=\"#investment-and-retirement-account-summaries\">Investment and Retirement Account Summaries<\/a><\/li><li><a href=\"#debt-and-loan-information\">Debt and Loan Information<\/a><\/li><li><a href=\"#budget-and-expense-reports\">Budget and Expense Reports<\/a><\/li><\/ul><\/li><li><a href=\"#your-two-hour-money-review-checklist\">Your Two-Hour Money Review Checklist<\/a><ul><li><a href=\"#first-30-minutes-review-income-and-expenses\">First 30 Minutes: Review Income and Expenses<\/a><\/li><li><a href=\"#next-30-minutes-check-savings-investments-and-net-worth\">Next 30 Minutes: Check Savings, Investments, and Net Worth<\/a><\/li><li><a href=\"#next-30-minutes-review-debt-and-credit-progress\">Next 30 Minutes: Review Debt and Credit Progress<\/a><\/li><li><a href=\"#final-30-minutes-set-financial-goals-and-action-items\">Final 30 Minutes: Set Financial Goals and Action Items<\/a><\/li><\/ul><\/li><li><a href=\"#key-financial-metrics-to-review\">Key Financial Metrics to Review<\/a><ul><li><a href=\"#savings-rate\">Savings Rate<\/a><\/li><li><a href=\"#emergency-fund-balance\">Emergency Fund Balance<\/a><\/li><li><a href=\"#debt-to-income-ratio\">Debt-to-Income Ratio<\/a><\/li><li><a href=\"#net-worth-growth\">Net Worth Growth<\/a><\/li><\/ul><\/li><li><a href=\"#update-your-financial-plan-for-the-new-year\">Update Your Financial Plan for the New Year<\/a><ul><li><a href=\"#adjust-your-budget\">Adjust Your Budget<\/a><\/li><li><a href=\"#increase-savings-contributions\">Increase Savings Contributions<\/a><\/li><li><a href=\"#plan-for-major-upcoming-expenses\">Plan for Major Upcoming Expenses<\/a><\/li><li><a href=\"#automate-financial-goals\">Automate Financial Goals<\/a><\/li><\/ul><\/li><li><a href=\"#mistakes-to-avoid-during-your-annual-review\">Mistakes to Avoid During Your Annual Review<\/a><ul><li><a href=\"#looking-only-at-account-balances\">Looking Only at Account Balances<\/a><\/li><li><a href=\"#ignoring-small-recurring-expenses\">Ignoring Small Recurring Expenses<\/a><\/li><li><a href=\"#setting-unrealistic-goals\">Setting Unrealistic Goals<\/a><\/li><li><a href=\"#forgetting-to-track-progress-throughout-the-year\">Forgetting to Track Progress Throughout the Year<\/a><\/li><\/ul><\/li><li><a href=\"#how-beem-can-help\">How Beem Can Help<\/a><\/li><li><a href=\"#conclusion\">Conclusion<\/a><\/li><li><a href=\"#fa-qs\">FAQs<\/a><\/li><li><a href=\"#faq-question-1785430028740\">What should I include in a yearly money review?<\/a><\/li><li><a href=\"#faq-question-1785430033315\">How often should I review my finances?<\/a><\/li><li><a href=\"#faq-question-1785430037804\">Why is January a good time for a financial review?<\/a><\/li><li><a href=\"#faq-question-1785430041852\">What financial goals should I set each year?<\/a><\/li><li><a href=\"#faq-question-1785430046828\">How can I stay on track after my annual review?<\/a><\/li><\/ul><\/nav><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Each year, people set unrealistic financial resolutions, such as saving more money, paying off debt, and investing. Still, they often don\u2019t work because they\u2019re never based on a review of a year\u2019s financial performance. If you have no idea where all your money went, what worked and what didn\u2019t, or where you overspent, you can\u2019t realistically plan your finances for the future.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Learning how to run a yearly money review is one of the most powerful steps you can take to improve your finances. Instead of wading through a legal-sized stack of paperwork over a weekend, the annual financial review takes just two hours.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In this blog, you will learn how to review your income, expenses, savings, debt, and investments so you can see your financial strengths and weaknesses. You\u2019ll then be able to use that information to run your personal finance audit and set <a href=\"https:\/\/trybeem.com\/blog\/how-to-make-30000-fast\/\" target=\"_blank\" rel=\"noreferrer noopener\">realistic financial goals<\/a> for the upcoming year. Step by step, you\u2019ll learn how to conduct this simple process to review your finances.<\/p>\n\n\n\n<h2 id=\"why-an-annual-money-review-matters\" class=\"wp-block-heading\">Why an Annual Money Review Matters<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">A yearly checkup not only gives you numbers for your spreadsheet, but also helps you realize how much and in what ways your spending-driven decisions affected your capital and assets.<\/p>\n\n\n\n<h3 id=\"measure-financial-progress\" class=\"wp-block-heading\">Measure Financial Progress<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">An annual review provides a way to measure where you started and where you ended up. Total income earned, total savings, total investments and investments made, debt balances, and overall asset and debt balances- even a small change in the right direction shows that you\u2019re forming good habits.<\/p>\n\n\n\n<h3 id=\"identify-spending-patterns\" class=\"wp-block-heading\">Identify Spending Patterns<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">One of the best things about doing your yearly budget review is getting a sense of where your money is going. Bank and credit card statements can reveal money sinks that are easy to miss, subscriptions you didn\u2019t remember signing up for, nights out at restaurants, last-minute purchases, and reimbursable expenses.<\/p>\n\n\n\n<h3 id=\"set-better-goals-for-the-new-year\" class=\"wp-block-heading\">Set Better Goals for the New Year<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Financial goals should be based on facts, not fantasies. After a year-end review, you\u2019ll have a better idea of what\u2019s realistic, and you\u2019ll be able to set goals accordingly. Instead of saying &#8220;I\u2019ll save more,&#8221; set a goal to budget a specific amount each month, or boost your retirement dollar for each dollar going into your paycheck.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Read: <a href=\"https:\/\/trybeem.com\/blog\/wp-admin\/post.php?post=285694&amp;action=edit\" target=\"_blank\" rel=\"noreferrer noopener\">How Couples Can Do a New Year Money Review Without Starting a Fight<\/a><\/p>\n\n\n\n<h2 id=\"what-to-gather-before-you-start\" class=\"wp-block-heading\">What to Gather Before You Start<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">By gathering all your financial documents before you start, you won\u2019t have your financial review interrupted.<\/p>\n\n\n\n<h3 id=\"bank-and-credit-card-statements\" class=\"wp-block-heading\">Bank and Credit Card Statements<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Collect your monthly statements for all your checking, savings, and credit card accounts from the last year. These statements will give the most comprehensive picture of your cash flow and where you spend your money each month. These statements will also allow you to compare how much you spend month to month, and track your habits over time.<\/p>\n\n\n\n<h3 id=\"investment-and-retirement-account-summaries\" class=\"wp-block-heading\">Investment and Retirement Account Summaries<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Make copies of all your year-end summaries for your retirement accounts, brokerage accounts, mutual funds, and any other investments. These will provide you with an overview of your contributions, investment performance, portfolio allocation, and any dividends you\u2019ve earned.<\/p>\n\n\n\n<h3 id=\"debt-and-loan-information\" class=\"wp-block-heading\">Debt and Loan Information<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">List all of your credit cards, mortgages, student loans, auto loans, and personal loans. Record the balances, interest rates, <a href=\"https:\/\/trybeem.com\/blog\/consolidating-debt-help-simplify-monthly-payments\/\" target=\"_blank\" rel=\"noreferrer noopener\">minimum payments<\/a>, and repayment progress over the past year. This will help you determine which debts have higher rates that you should focus on paying off and where you have the opportunity to refinance or accelerate repayments.<\/p>\n\n\n\n<h3 id=\"budget-and-expense-reports\" class=\"wp-block-heading\">Budget and Expense Reports<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">If you use a budgeting app, spreadsheet, or financial management tool, download your yearly spending reports before beginning your financial review. These reports will typically categorize expenses for you, making it much easier to compare what was budgeted versus what was spent.<\/p>\n\n\n\n<h2 id=\"your-two-hour-money-review-checklist\" class=\"wp-block-heading\">Your Two-Hour Money Review Checklist<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">By dividing your review into four dedicated 30-minute segments, each with a specific goal, you will pass the time and skip the overwhelming part of this excellent exercise.<\/p>\n\n\n\n<h3 id=\"first-30-minutes-review-income-and-expenses\" class=\"wp-block-heading\">First 30 Minutes: Review Income and Expenses<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Make a list of your income sources and total income, and compare them against your annual budgets and expenses. Look over your total salary, any <a href=\"https:\/\/trybeem.com\/blog\/debt-consolidation-for-gig-workers-or-freelancers\/\" target=\"_blank\" rel=\"noreferrer noopener\">freelance work<\/a>, bonus payments, and passive income throughout the year, and compare that to your various categories of expenditure. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Did your income increase, stay the same, or go down? Then dive into the details of your largest expense categories and check whether they reflect your priorities.<\/p>\n\n\n\n<h3 id=\"next-30-minutes-check-savings-investments-and-net-worth\" class=\"wp-block-heading\">Next 30 Minutes: Check Savings, Investments, and Net Worth<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">After that, assess the amount of wealth you have accumulated over the last year. Take a look at your emergency fund, your retirement accounts, your investment portfolio, and other savings. You can calculate your net worth by subtracting total liabilities from total assets and comparing the result with last year&#8217;s; even a modestly positive value is good news.<\/p>\n\n\n\n<h3 id=\"next-30-minutes-review-debt-and-credit-progress\" class=\"wp-block-heading\">Next 30 Minutes: Review Debt and Credit Progress<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Next, focus on your debt obligations and credit situation. Take note of all balances, interest rates, and monthly payments, and compare them with last year\u2019s numbers. Acknowledge that you have paid down high-interest debt, and check your credit score and review your credit report for errors.<\/p>\n\n\n\n<h3 id=\"final-30-minutes-set-financial-goals-and-action-items\" class=\"wp-block-heading\">Final 30 Minutes: Set Financial Goals and Action Items<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Use your knowledge and gain to create a realistic financial roadmap for the year ahead. Establish SMART goals: specific, measurable, achievable, relevant, time-bound. Your targets could be to increase your retirement contributions, pay off your credit card debt, grow your emergency fund, or invest each month. Write down your actions, with deadlines.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Read: <a href=\"https:\/\/trybeem.com\/blog\/wp-admin\/post.php?post=285753&amp;action=edit\" target=\"_blank\" rel=\"noreferrer noopener\">The 15-Minute Quarterly Money Review: Keep Your New Year Goals Alive with Beem<\/a><\/p>\n\n\n\n<h2 id=\"key-financial-metrics-to-review\" class=\"wp-block-heading\">Key Financial Metrics to Review<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Although you already know the importance of reviewing account balances, some metrics are better indicators of your financial health.<\/p>\n\n\n\n<h3 id=\"savings-rate\" class=\"wp-block-heading\">Savings Rate<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Your savings rate is the amount of your income you save towards future goals. You can calculate your savings rate by dividing your total annual savings by your annual income, then multiplying it by 100. A higher savings rate generally translates into greater financial stability and flexibility.<\/p>\n\n\n\n<h3 id=\"emergency-fund-balance\" class=\"wp-block-heading\">Emergency Fund Balance<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">An emergency fund is your backup in case of unforeseen events, such as a layoff, a medical emergency, or any other costly repair. Compare your current balance with your monthly necessary living expenses. Many financial experts recommend saving up to six months, but at least three months of living expenses.<\/p>\n\n\n\n<h3 id=\"debt-to-income-ratio\" class=\"wp-block-heading\">Debt-to-Income Ratio<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Your <a href=\"https:\/\/trybeem.com\/blog\/lower-debt-income-ratio-boost-score\/\" target=\"_blank\" rel=\"noreferrer noopener\">debt-to-income (DTI) ratio<\/a> is the amount of money you spend each month to repay your debt as a percentage of your gross monthly income. Divide your total monthly debt payments by your gross monthly income, then multiply by 100. A lower DTI ratio is a sign of healthy finances and may improve your chances of obtaining loans at the best interest rates.<\/p>\n\n\n\n<h3 id=\"net-worth-growth\" class=\"wp-block-heading\">Net Worth Growth<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Net worth is typically the best way of measuring overall financial progress. Subtract your total liabilities from your total assets to find out your net worth. Compare this year\u2019s net worth against one or more previous years to assess how you have been doing. Even when small, consistent improvements reflect sound money habits.<\/p>\n\n\n\n<h2 id=\"update-your-financial-plan-for-the-new-year\" class=\"wp-block-heading\">Update Your Financial Plan for the New Year<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">By making smart changes along the way, you can transform the annual financial review into a workable plan for future financial success.<\/p>\n\n\n\n<h3 id=\"adjust-your-budget\" class=\"wp-block-heading\">Adjust Your Budget<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Take the lessons learned from your annual budget review and develop a budget that reflects your current income, expenses, and priorities. If specific categories consistently exceeded your limits, make changes rather than setting an unrealistic goal. An adaptive budget that adjusts itself to your changing financial circumstances is easier to keep up with and enables better decisions over the following period.<\/p>\n\n\n\n<h3 id=\"increase-savings-contributions\" class=\"wp-block-heading\">Increase Savings Contributions<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Even a little more in your savings will add up over time. If your salary rose, you received a bonus, or were able to cut costs, however small, consider putting some extra money into your <a href=\"https:\/\/trybeem.com\/blog\/build-beginner-emergency-fund-with-no-savings\/\" target=\"_blank\" rel=\"noreferrer noopener\">emergency fund<\/a>, retirement account, or investment account. Automating those accounts means you are less likely to look in your bank account and spend rather than save.<\/p>\n\n\n\n<h3 id=\"plan-for-major-upcoming-expenses\" class=\"wp-block-heading\">Plan for Major Upcoming Expenses<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Try to figure out the major expenses that will happen over the next twelve months. The usual travel, home expenses, insurance premiums, tuition fees, and holiday shopping are all good ideas to keep in mind so you can estimate and start saving or building a sinking fund for the money you will need.<\/p>\n\n\n\n<h3 id=\"automate-financial-goals\" class=\"wp-block-heading\">Automate Financial Goals<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Automation is a safe way to keep your financial plan on track. Arrange to have money automatically transferred to your savings account, retirement plan, and investment accounts, and to bill pay accounts right after you get paid. This pay-yourself-first habit keeps you from missing payments and encourages you to get disciplined about savings.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Read: <a href=\"https:\/\/trybeem.com\/blog\/wp-admin\/post.php?post=286457&amp;action=edit\" target=\"_blank\" rel=\"noreferrer noopener\">How To Plan Quarterly Taxes So That April 2026 Won\u2019t Be A Nightmare\u00a0<\/a><\/p>\n\n\n\n<h2 id=\"mistakes-to-avoid-during-your-annual-review\" class=\"wp-block-heading\">Mistakes to Avoid During Your Annual Review<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">A thorough year-end financial review isn\u2019t just about calculating figures; it\u2019s also about avoiding common pitfalls that can result in bad financial decisions.<\/p>\n\n\n\n<h3 id=\"looking-only-at-account-balances\" class=\"wp-block-heading\">Looking Only at Account Balances<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">A strong checking account balance doesn\u2019t mean your finances are sound. Focusing solely on your account balances can mask cost overruns, rising debt, or declining investments. Instead, assess your overall financial picture, which involves your income, expenses, savings, liabilities, and net worth.<\/p>\n\n\n\n<h3 id=\"ignoring-small-recurring-expenses\" class=\"wp-block-heading\">Ignoring Small Recurring Expenses<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Small charges, such as those you pay for a <a href=\"https:\/\/trybeem.com\/blog\/streaming-subscriptions-vs-cable\/\" target=\"_blank\" rel=\"noreferrer noopener\">streaming subscription<\/a>, an app membership, a gym membership, or software you no longer use, can add up to hundreds or even thousands of dollars a year. During your personal finance audit, you can reveal these recurring charges.<\/p>\n\n\n\n<h3 id=\"setting-unrealistic-goals\" class=\"wp-block-heading\">Setting Unrealistic Goals<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">It\u2019s nice to set ambitious goals for the new year; what is more important is setting achievable goals, given your income and lifestyle. These realistic suggestions help you to stay motivated and make it more likely that you\u2019ll achieve your financial objectives in the long run.<\/p>\n\n\n\n<h3 id=\"forgetting-to-track-progress-throughout-the-year\" class=\"wp-block-heading\">Forgetting to Track Progress Throughout the Year<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">An annual review is great, but so is keeping track of your finances throughout the year. You can schedule monthly or at least quarterly check-ins to review your spending, savings, and investments and see whether they align with your goals. Checking your finances regularly allows you to see potential problems before they become problems.<\/p>\n\n\n\n<h2 id=\"how-beem-can-help\" class=\"wp-block-heading\">How Beem Can Help<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Beem\u2019s AI Wallet can help you calculate what\u2019s reasonable based on your income and expenses. Starting at just 99\u00a2 per month with no upfront fees, Beem offers powerful financial tools to support you. Beem\u2019s AI Wallet helps you earn, save, send, spend, and grow your money smarter.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/trybeem.com\/budget-gpt\" target=\"_blank\" rel=\"noreferrer noopener\">Beem\u2019s BudgetGPT<\/a>&nbsp;acts like a 24\/7 personal financial analyst, helping you take control of your budget with ease. It allows you to categorize expenses as essential or optional, break down your monthly spending, and project realistic costs. <a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.useline.line\" target=\"_blank\" rel=\"noreferrer noopener\">Download the Beem app.<\/a><\/p>\n\n\n\n<h2 id=\"conclusion\" class=\"wp-block-heading\">Conclusion<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">You don\u2019t have to be a spreadsheet expert or spend a whole weekend to learn how to review your money on an annual basis. In just a couple of focused hours at the beginning of January, you can review all your income, expenses, savings, investments, and debt. You can also assess opportunities to improve your financial health. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A good annual financial review provides a structured, reflective, comprehensive view of your finances so that you can understand where you have gotten, adjust your budget,t and set realistic goals based on data, not assumptions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Also, keep in mind this is just the start. The best <a href=\"https:\/\/trybeem.com\/blog\/review-and-adjust-your-financial-plan-over-time\/\" target=\"_blank\" rel=\"noreferrer noopener\">financial reviews<\/a> happen regularly, throughout the year. Your annual financial review is the foundation for this important yearly activity. Reviewing your finances throughout the year will help you monitor your progress and make adjustments as needed.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">With a structured review process and the help of your Beem to support you in doing that review, you\u2019ll be on the right track to achieve long-term financial success year after year.<\/p>\n\n\n\n<h2 id=\"fa-qs\" class=\"wp-block-heading\">FAQs<\/h2>\n\n\n<div id=\"rank-math-faq\" class=\"rank-math-block\">\n<div class=\"rank-math-list \">\n<div id=\"faq-question-1785430028740\" class=\"rank-math-list-item\">\n<h2 class=\"rank-math-question \">What should I include in a yearly money review?<\/h2>\n<div class=\"rank-math-answer \">\n\n<p>You should review your income, expenses, savings, investments, retirement accounts, debt balances, emergency fund, credit score, re and net worth. Reviewing these areas will give you a picture of your finances as a whole and help you identify where you could improve your financial plan.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1785430033315\" class=\"rank-math-list-item\">\n<h2 class=\"rank-math-question \">How often should I review my finances?<\/h2>\n<div class=\"rank-math-answer \">\n\n<p>Although it&#8217;s best to conduct a full financial review once a year, keeping tabs on your finances every month or so will keep you on budget, on track to save, prevent missed debt payments,s and enable timely course corrections before small financial hiccups turn into big problems.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1785430037804\" class=\"rank-math-list-item\">\n<h2 class=\"rank-math-question \">Why is January a good time for a financial review?<\/h2>\n<div class=\"rank-math-answer \">\n\n<p>The start of a new financial year, combined with just-received year-end account statements, makes January ideal for reviewing your finances over the past year and setting a realistic budget and new financial goals before big expenses hit.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1785430041852\" class=\"rank-math-list-item\">\n<h2 class=\"rank-math-question \">What financial goals should I set each year?<\/h2>\n<div class=\"rank-math-answer \">\n\n<p>Your goals should mirror your priorities. Common ones include building an emergency fund, boosting retirement contributions, tackling high-interest debt, increasing your savings rate, investing regularly, and setting aside money for expenses such as education, holidays, or a down payment on a home.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1785430046828\" class=\"rank-math-list-item\">\n<h2 class=\"rank-math-question \">How can I stay on track after my annual review?<\/h2>\n<div class=\"rank-math-answer \">\n\n<p>Set smaller monthly targets, automate your savings and bill payments, keep tabs on your budget,t and plan to review your finances at least quarterly. Use tools like Beem to track your progress and stay accountable throughout the year.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Each year, people set unrealistic financial resolutions, such as saving more money, paying off debt, and investing. Still, they often don\u2019t work because they\u2019re never based on a review of a year\u2019s financial performance. If you have no idea where all your money went, what worked and what didn\u2019t, or where you overspent, you can\u2019t [&hellip;]<\/p>\n","protected":false},"author":35,"featured_media":286927,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2308],"tags":[4790,107,168,18564],"edited-by":[],"class_list":["post-301737","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-spend","tag-beem","tag-financial-planning","tag-money-matters","tag-money-review"],"acf":[],"_links":{"self":[{"href":"https:\/\/trybeem.com\/blog\/wp-json\/wp\/v2\/posts\/301737","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/trybeem.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/trybeem.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/trybeem.com\/blog\/wp-json\/wp\/v2\/users\/35"}],"replies":[{"embeddable":true,"href":"https:\/\/trybeem.com\/blog\/wp-json\/wp\/v2\/comments?post=301737"}],"version-history":[{"count":6,"href":"https:\/\/trybeem.com\/blog\/wp-json\/wp\/v2\/posts\/301737\/revisions"}],"predecessor-version":[{"id":301781,"href":"https:\/\/trybeem.com\/blog\/wp-json\/wp\/v2\/posts\/301737\/revisions\/301781"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/trybeem.com\/blog\/wp-json\/wp\/v2\/media\/286927"}],"wp:attachment":[{"href":"https:\/\/trybeem.com\/blog\/wp-json\/wp\/v2\/media?parent=301737"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/trybeem.com\/blog\/wp-json\/wp\/v2\/categories?post=301737"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/trybeem.com\/blog\/wp-json\/wp\/v2\/tags?post=301737"},{"taxonomy":"edited-by","embeddable":true,"href":"https:\/\/trybeem.com\/blog\/wp-json\/wp\/v2\/edited-by?post=301737"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}