Broker Check

Building a map of your finances

Building a map of your finances

Building a map of your finances can help to give you an eagle eye view of your overall financial situation. This can allow you to see where you currently stand without getting lost in the details. Having a map of your finances kept in a safe place can also help your loved ones to better handle your estate after you are gone. 

Simply list out all aspects of your financial situation which seem pertinent. This might include your assets, debts, sources of income, ongoing expenses, insurance policies, etc.

Then provide pertinent details for each line item. For instance, you might include the name of the bank where your savings account is held, the lender who holds your car loan, the insurance company through whom you bought life insurance, etc.

Or just ask us for help! We build financial maps for our clients such as the one shown here.