Your July 2016 Financial To-Dos
Summertime is in full swing, and that means your days and nights are probably packed with cookouts, family getaways and pool outings. But in the middle of all this epic summer fun, remember that July is also National Savings Month. So keep an eye on your personal balance sheet, and don’t let your financial goals slip through the cracks. These five week-by-week to-dos can help keep you on track.
1. Check Your Credit Score. Deadline: Friday, July 8
Keeping tabs on your credit score is something you should aim to do once a season. Now’s the time to take care of it for summer. Make sure there are no errors (it happens!), and consider a few moves to help boost your score by the time you check again in three months, such as automating your bills so you never forget a payment and making extra monthly payments to whittle away debt.
2. Handle Last-Minute Travel Details. Deadline: Monday, July 11
If you’ve already booked the big stuff for your summer vacation like airplane tickets and hotel reservations, start troubleshooting little tasks. Leaving them until the last minute can be a financial headache or cost you in late fees. Call your bank and cellphone company to inform them that you’ll be traveling abroad, and make sure to get some of your destination currency before you board the plane. Visit U.S. Passports & International Travel to find out if a visa or vaccine is required for your trip.
3. Hit Up Networking Mixers. Deadline: Thursday, July 14
Longer days mean more career-related events and parties in the evening, and attending them can help you forge key industry contacts as well as make new friends in your field. Meet and mingle by using websites like Meetup, or Eventbrite to find events in your area. Before you go, give your social media profiles a once-over so it presents you as professional and polished, and decide how you want to introduce yourself to new people so you make a great first impression.
4. Jumpstart Your Side Gig. Deadline: Wednesday, July 20
Thanks to extra vacation days and office summer Fridays, you might have more time on your hands to develop a side gig. Tapping into your talents and interests is a great way to come up with a money-making side hustle. Are you a social media maven? A wordsmith? Monetize your skills by becoming a social media consultant or a freelance writer, helping brands with their digital presence and creating content. A whiz in the kitchen? Use your weekends to cater friends’ parties. Love working out? Sign up for a few personal training courses to get certified and become an instructor.
5. Nail Down Those Fitness Goals. Deadline: Wednesday, July 27
Summer offers tons of opportunities to mix fitness and fun without shelling out big bucks. Think: hitting up local hiking trails, doing laps in a community pool or signing on for a neighborhood 5K. If you’re a fan of more structured workouts, use social media to access free or low-cost online classes. Consider sites like Fitness Blender, Daily Burn and VirtuaGym for the everyday fitness guru, and Cody App for the yoga enthusiast.
LearnVest Planning Services is a registered investment adviser and subsidiary of LearnVest, Inc., that provides financial plans for its clients. Information shown is for illustrative purposes only and is not intended as investment, legal or tax planning advice. Please consult a financial adviser, attorney or tax specialist for advice specific to your financial situation. LearnVest Planning Services and any third parties listed, linked to or otherwise appearing in this message are separate and unaffiliated and are not responsible for each other’s products, services or policies. LearnVest, Inc. is wholly owned by NM Planning, LLC, a subsidiary of The Northwestern Mutual Life Insurance Company.