October is National Financial Planning Month Part 3

October is National Financial Planning Month Part 3

To close out 2021 Financial Planning Month I want to ask you to shift your focus and the bigger picture.


Review your current financial goals – don’t wait until New Year’s resolutions in January to do that.

  • How have you done this year so far?
  • What financial goals can you carry forward to the next calendar year?
  • Are you making progress or need to make mid-course corrections?

If you never created financial goals, spend some time thinking and mapping these out. I found working with clients over the years that financial targets are the best measure of your progress.

For example, let’s say you are planning to buy a car in 2 years.

  • Identify how much this goal is going to cost you, maybe a car will be $30K.
  • How will you pay for it? Finance it? If yes, then you will need a down payment, maybe 20%, that is $6,000. The rest will be financed with monthly payments.

So you now have a real financial goal of buying a car in 2 years and you need $6000.

Do you see how this works? It becomes tangible and allows you to track it with a timeline. You will be able to come up with short, mid, and long-term goals.

Can you do that for everything else you are dreaming about? YES, you totally can.

And lastly, layout a plan for next year, or at least start thinking about what your financial goals might be.

Happy financial planning month!


Anna Sergunina
Anna Sergunina

I'm Anna Sergunina, CFP®, President & CEO at MainStreet Financial Planning, Inc. My passion lies in serving others through financial planning, helping clients achieve their dreams like buying a home, saving for education, or retiring early. With over two decades in the industry and a CFP designation since 2009, I'm dedicated to excellence and continuous growth. Beyond work, I cherish moments with my son Liam, prioritize self-care, and engage in content creation for my Money Boss Parent Podcast and Money Library blog.

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