After setting a new year budget, it’s not uncommon for unexpected scenarios to arise, such as unforeseen expenses, changes in income or added bills. These alterations can range from minor to significant financial impacts. No matter what financial scenarios have occurred, or their severity, conducting a mid-year financial check-up can help get budgets back on track, prepare for additional expenses and lead to economic wellness for the remainder of the year (and beyond).

“I think mid-year is a natural checkpoint that allows both individuals and businesses to assess their progress,” says Jack Biggs, executive vice president of Desert Financial Credit Union . “For those who create financial goals, it still gives plenty of time to make adjustments.”

Summer financial check-up

A lot can chan

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