Were Your Finances Naughty or Nice This Year?

Little kids aren’t the only ones that are traumatized by Elf on the Shelf this time of year.  We grownups can feel Self-Loathing on the Shelf at year-end if our financial goals weren’t met.

How did it go this year?  Did you…

  1. Build an emergency fund of 3-6 months’ expenses set aside in a non-retirement savings or money market account?
  2. Increase (even by 1%) the amount you are saving in your retirement plan?
  3. Complete your 2025 charitable gifting?
  4. Look over your spending to learn a realistic amount that you spend each month?
  5. Meet with a financial advisor for an annual review of your plan and progress?

The only one of the above that needs to be done by December 31st is #3 (charitable gifting) if you want the gift to count for 2025 taxes.

Otherwise, consider this time of year an opportunity to review those resolutions you made back in January.  It’s not too late to check these off your list. Or at least get a start. Then reward yourself with a little something nice in your stocking.

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Kristi Sullivan

My name is Kristi Sullivan and I have been helping people achieve financial security since 1996. I am a fee-only financial planner and public speaker. I do no investment or insurance sales for commissions. My clients pay me for guidance through their financial questions. I also work with employers to educate their employees about personal finance. I have been helping people make financial decisions for 18 years. I have worked in employee benefits and with individual clients/families. I hold the Certified Financial Planner designation. Sullivan Financial Planning, LLC is a Registered Investment Advisory firm with the State of Colorado. Areas of expertise include prioritizing savings goals, investment allocation, and wealth manager searches.