| Budget | Compare how you're doing on your budget vs expenses. Revise the budget if
necessary, or commit to controlling expenses (where possible) for the remainder of the year |
| Taxes & Savings | Many employers will allow you to join pension plans (401k plans
and others), or increase your contributions in July every year--Talk to your employer about your options |
| Taxes | 2nd quarter estimated taxes are due |
| Organize | Make a semi-annual review of your investment portfolio. Review results against
your financial goals. Decide what to keep and what to sell |
| Childrens' Savings | If children are working this summer, teach them savings & finance. Open
up a savings account (or IRA if they won't need the money for school or other costs). |
| Valuable Documents | Do you have a living will (medical instructions)? Have you
considered being an organ donor? Is your passport renewed? Look at these and other miscellaneous documents for
updating |
| Insurance | Summer brings increased exposures
to lawsuits at summer events...Do you do volunteer work (make sure you have protection for lawsuits that could arise).
Car pooling children to summer events--make sure you have high automobile liability limits and a personal excess policy.
Remember, under your home insurance, there is no coverage provided for child care you may do for a fee---you will need to
purchase a business policy |
