Financial Strategies Fiancial Thoughts Checkup

By Michael Chadwick

President, Chadwick Advisors

The statements below will help you to think about and assess how satisfied you are with the many aspects of your life affected by your finances. Rank each statement on a scale of 1 to 5 with 1 being not satisfied, 3 moderately satisfied and 5 very satisfied.

• ÿ with my ability to meet my financial obligations.
• ÿ with the income potential my current job or career provides me.
• ÿ with my spending habits.
• ÿ with the level of debt I carry.
• ÿ with the “extras” that I am able to buy for myself and loved ones.
• ÿ with the level and quality of life and property insurance protection I currently have.
• ÿ with the amount of money that I save and invest on a regular basis.
• ÿ with my current investment choices.
• ÿ that I am on track to build a sufficient retirement nest egg.
• ÿ with the level of employee benefits I have.
• ÿ with my style of personal bookkeeping and financial records management.
• ÿ with my plans for my children’s education.
• ÿ with my level of charitable giving.
• ÿ with my estate plans.
• ÿ with the level of personal finance education I have attained.
• ÿ with how I respond emotionally to my personal financial issues.
• ÿ with my ability to communicate about my financial matters.
• ÿ that financial issues do not cause stress or strain in the relationships that are important to me.
• ÿ with the working relationships I have with my financial professionals.

Your responses should trigger a reaction for you to seek financial advice using the information in the article “How to Select a Financial Advisor” or give you a starting point for discussion with your current financial advisor.