Mid-Year Financial Check In


Sgroi Financial

With June officially behind us, it’s time to face the facts: we’re headed toward the second half of 2023. While there’s still plenty of time to enjoy the rest of summer, we encourage you to take this time as an opportunity to review the progress you’ve made, reassess priorities, and make any necessary adjustments for the remainder of the year.


Review your Budget

The first step in a mid-year check-in is to review your budget. Evaluate your income and expenses over the past six months and identify any significant changes or unexpected costs. Have you been sticking to your budgetary goals? This review will help shed light into your spending habits and highlight areas where you may need to cut back or allot more funds towards. The second half of the year can be expensive between holiday season and back to school spending. Try taking some time to prepare now!


Emergency Fund

Have you been able to maintain a healthy emergency fund? Life is full of surprises and a financial crisis can strike at any time. Whether it be a medical emergency, sudden job loss or car repairs, having an emergency fund provides a sense of security during any of these challenging situations. With an emergency fund in place, you have the ability to navigate through unexpected circumstances without derailing your financial goals. In general, your emergency fund should have around 3-6 months of living expenses.



This is the time to review any recent tax changes that may have occurred, to make sure you are aware of new regulations or adjustments that could impact your tax return. By reviewing income, withholding, estimated tax payments, deductions and credits, individuals can make necessary adjustments to maximize tax efficiency and minimize any potential surprises at year-end. Talking to a professional can help! At Sgroi financial we are more than happy to discuss tax planning.

Doing mid-year check ins on your finances is important to make sure you are on track with the rest of your financial goals for the year and retirement. If you haven already, schedule your yearly review with your advisor at Sgroi Financial today!

Schedule your first meeting right now:

If you don’t wish to schedule a meeting online, you can contact us directly via phone or fill out the contact form below. We look forward to working with you.


Sgroi Financial is a full service, independent financial planning firm proudly serving the Western New York area since 1971. We offer services that will help you achieve your financial goals including retirement planning, investment management, estate planning, college planning and insurance. We help individuals, families, retirees, working adults, young adults and business owners.

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Securities offered through Cadaret, Grant & Co., Inc., member FINRA/SIPC. Advisory services offered through Sgroi Wealth Advisory Group LLC, an SEC Registered Investment Advisor. Sgroi Wealth Advisory Group LLC, Sgroi Financial LLC, and Cadaret, Grant & Co., Inc. are separate entities. The information being presented herein does not consider your particular investment objectives or financial situation and does not make personalized recommendations. This information should not be construed as an offer to sell or a solicitation of an offer to buy any security. This material is not intended to replace the advice of a qualified tax adviser or legal counsel. Individuals should contact their own tax professionals and attorneys to help answer questions about specific situations or needs prior to taking any action based on this information. We believe the information provided is reliable, but do not guarantee its accuracy, timeliness, or completeness.

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