It's important to review your financial position regularly (unless of course you're one who has no care of where your money goes), since your cashflow vary due to income and expenses. As a financial coach, I suggest making these practices a part of your routine.

1. Create and review your spending plan. Every household needs to know what's coming in and what's going out of their home and starting your spending plan will help you see what your cashflow should or shouldn.t be. I like the idea of reviewing it every thirty days until you see a more consistent in and outflow. However, if you're new to spending plans, discipline yourself to sit down every week until you get a better idea of how this plan works for your and your family. You may need to make adjustment along the way, but that's okay. It will all be worth it when you start to see the growth in your assets.

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2. Make sure you're contributing to our 401k. While I've noticed more and more people are utilizing this, thee are so many that have been missing this match money. If your employer has a 401k matching program, then you could be leaving money on the table . Review your match program. If your employer matches%, most people would think it wise to contribute at least 3%, but think 5% is wiser.

3. Consider contributing as early as possible and more than the average. . According to an article on CNBC "someone 35 who is making

 $60,000 a year can up their retirement saving contribution by 1% (or less than $12 a week), could generate an additional $110,000 by retirement, assuming a 7% annual return". Even if the rate of return is less, upping your contribution by just a few dollars can give you more in the future.