While paying attention to finances and asset accumulation is an everyday thing for me, most people do not pay that much attention to their finances. Many items are set up, then never looked at again. June is the perfect time to take a second look at some important items.

Look at your budget:
If you do not have one, put one together. Look at where you are spending money and if you are still using items you have on autopay. If you carry a balance on your credit cards, call the issuer and ask for a reduction in the interest rate. Check your streaming to make sure you are not paying for duplicate services as some of them have merged.

What are your cash reserves?
An emergency fund is important, especially during hurricane season. Checking, savings, and money market accounts are where you should keep these reserves. Figure out what is a comfortable amount for you to always have in cash and make it happen.

Check your retirement account contributions:
Have you gotten a raise and not increased what you are saving for retirement? Are you only contributing to your company match? These are two commonly overlooked circumstances that prevent most people from saving to the maximum allowed for their retirement.

These are just a few items for you to look at – but please make sure you do look at them.

Disclosures:http://www.hechteffect.net/?page_id=31