Level up your finances this April

April is Financial Literacy Month and now is a great time to reassess your financial prowess. Here are questions you can ask yourself: Are you on track to pay off that student loan debt? Have you set up a college fund for your child’s future? Are you setting enough money aside in your retirement fund so you can retire in style? Do you have a plan in place in case something happens to you or your loved ones?

Assessing if you are financially ready for the future can be tough. The first step is setting down and identifying your goals. You need a why behind your finances. Have you and your spouse talked for years about that Caribbean vacation, but never taken it? Now is the time to make a plan and have it happen.

Studies show adults aren’t the only ones struggling to find a financial path forward. An estimated “3.4 million high school students graduated last spring”, according to the National Center for Education Statistics. While it’s true they may excel at math, English, and science, unfortunately many often don’t understand enough about basic finances to even create a budget. If this is you or your teenager, the Consumer Financial Protection Bureau offers this free budget worksheet you can download today.

Whatever your goals are Staggs Financial Services is here to help. You can schedule a free consultation with us today.