7 financial measures to take at the end of the year

At the end of the year, people often reflect on the year they have just had and reflect on the year to come. As you reflect on how 2022 has treated you, it’s a great time to think about the financial steps you need to take at the end of the year – from reviewing your retirement plan to assessing your level. insurance – and take these steps now to start 2023 with your best foot forward.

Financial step #1: Donate to charity

The holidays are synonymous with charitable giving. If you feel like giving this season, be sure to track your donations and keep your receipts. If you itemize your deductions on your tax return, you can claim these donations to reduce your tax bill.

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