Start with broad categories to begin organizing your potential checklist items. For personal finance, that’s things like Tax Planning, Estate Planning, Insurance, Charitable Giving, Cash Management, Investment Allocations, etc.

Next, start asking yourself questions relative to these categories: Are there any tax strategies that I should be implementing before the end of the year? Are there any areas of my life in which I am potentially underinsured? Is there a more efficient and organized way to conduct my charitable giving? Is there an opportunity to reduce my borrowing costs?

Then, begin bullet pointing your action items relative to the questions you asked and discussed with your advisor.

Lastly, prioritize your list. Prioritizing should be based on two metrics – importance and difficulty. Ideally, you want to tackle the most important and impactful items first, but some of those items might be time-consuming, so you might want to knock off the easier to complete items first. There is nothing wrong with tackling the simpler obstacles first. This is a great way to get a quick win under your belt and build a little momentum.

Links mentioned in this episode:

http://thoughtsonmoney.com
http://thebahnsengroup.com

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