Setting financial goals early in the year will help you stay financially stable throughout 2016.

With a little more than a week left in the first month of 2016, taking a close look at your finances will help to ensure your financial success throughout the year. Set these 2016 financial goals to get your finances in shape.

• Look at your existing financial services and products – if you are like most people, once your accounts are established, you don’t really give them a second look. However, that could leave you paying more or not getting all the benefits that you could be enjoying. Take a close look at all the practices and fees that are associated with your bank to ensure you are in the best position possible.
• Check your investments – audit your accounts at least once a year to ensure all of your assets are being properly allocated and that your savings rates are sufficient.
• Get a credit report – small errors on your credit report can lead to big trouble when you try to get a loan or take out a mortgage. You are entitled to a free credit report once a year. Order a copy from all three major credit reporting bureaus and look for any discrepancies. If you find any issues, get them resolved as soon as possible.
• Examine your emergency fund – most experts agree that your emergency fund should be at least six months’ salary. Having an emergency fund will help you cover unexpected costs throughout the year, such as medical bills or getting laid off.

Getting your finances in check can help put you on the right track to purchase a house in 2016. For all of your home buying needs throughout the Solana Beach, California area, contact the professionals at Ranch & Coast Mortgage Group Inc.