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Mainstreet Financial Education · Annual Planning

The 12-month money checklist, one task at a time.

A year of small, manageable financial reviews. The point is not to do everything at once, but to never let a year pass without checking the things that matter.

One task a month. Start in any month, skip what does not apply, and work at your own pace.

Month 1

Automate

  • Set one automatic savings transfer.
  • cancel unused subscriptions.
  • raise savings 1% if cash flow is stable.
Month 2

Beneficiaries

  • Review beneficiaries on every account.
  • check titles.
  • confirm estate documents tell the same story.
Month 3

Legal clarity

  • Review your will and power of attorney.
  • confirm decision-makers still fit.
  • store documents where family can find them.
Month 4

Tax check

  • Review last year's refund or balance.
  • adjust withholding if needed.
  • confirm the emergency fund is funded.
Month 5

Insurance

  • Review home.
  • renters.
  • and auto coverage.
  • confirm limits still fit.
  • match deductibles to your cash reserves.
Month 6

Investments

  • Review your allocation.
  • rebalance only if off your target range.
  • confirm the risk level still fits.
Month 7

Midyear reset

  • Review progress toward goals.
  • compare savings.
  • debt.
  • and cash to plan.
  • make one adjustment for the second half.
Month 8

Credit health

  • Check your credit report for errors.
  • watch for major score changes.
  • freeze credit if not actively applying.
Month 9

Work benefits

  • Confirm you get the full employer match.
  • review total contributions.
  • adjust if income changed.
Month 10

Health plans

  • Review health plan options.
  • check HSA and FSA deadlines.
  • review disability coverage.
Month 11

Protection

  • Review life insurance if life changed.
  • document where policies live.
  • plan year-end tax moves and gifts.
Month 12

Snapshot

  • Update your net worth statement.
  • compare year over year.
  • choose one thing to simplify next year.
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A plan stays a plan when you revisit it.

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