How often should you check in on your finances? + MORE Jan 3rd

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How often should you check in on your finances?New year, new financial goals. That’s how many of us begin each January, only to see progress falter as the weeks go on. One way to combat that problem is to create regular check-ins for yourself to stay on track. The Canadian Press spoke to experts to help build out a list of financial tasks on a monthly, quarterly and annual schedule to make sure you are sticking with your plan.

What to check monthly

Budgeting should happen consistently and frequently, said Jason Heath, an advice-only financial planner at Objective Financial Partners. “If you really want to get into the weeds on what you’re spending money on, trying to find ways to spend less, that should be a very frequent exercise,” he said, suggesting people do it monthly—or, if they’re new to budgeting, weekly.

Heath said budgeting is especially important for those who have difficulty paying off their credit card on time or hitting their financial goals. Keeping a frequent check could help you see spending patterns and allow for changes to stay on course…

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