7 financial questions you won’t regret asking in 2020
- What is the top financial goal I want to accomplish in 2020?
- What do I value the most?
- Can I save more?
- How am I financially protecting my loved ones?
- How can I make more money?
- How can I improve my credit score?
- Does my investment strategy match my goals?
What are some good questions to ask yourself about your finances?
Wherever you stand financially, there are some important financial questions to ask yourself today in order to flush out any problem areas. Whether you want to save more money, pay off debt, or achieve certain financial goals, you can use these questions to review your overall financial health and plan.
How long does it take to answer a financial question?
Actually follow the steps and write out answers to each one. This could take 30 minutes, it could take a few days or even months to start tracking your finances. But the benefits are priceless. Seriously. Priceless. If you could save more money and free up time to spend on the people and activities that you love, would you?
How many financial literacy questions can you answer?
Most people answer only two questions correctly. Let’s see how well you do. Annamaria Lusardi, Director of the Global Financial Literacy Excellence Center (GFLEC) at The George Washington University, has worked to develop the idea of using basic questions to determine financial literacy. (Here are her big three questions ).
Which is the best question to ask a client about financial planning?
After asking the previous questions, you should already have a basic idea of why the client thinks he/she needs help, but it’s always best to hear it directly from the source. Some people like to handle their finances themselves, while others want someone there to do things for them.
