Mid-Year Money Check: 7 Smart Financial Moves to Make in July

As we pass the halfway point of the year—July 2 marks day 183 of 365—it’s the perfect time to pause, reflect, and re-align your financial strategy. A mid-year financial check-in can help you stay on track, adapt to changes, and make the most of the months ahead. Whether you’re planning for retirement, managing a portfolio, or simply trying to stay organized, here are seven steps worth taking now:

1. Revisit Your Goals

Are you still on track to hit your financial goals for the year? Whether it’s maxing out a retirement account, saving for a major purchase, or reducing debt, mid-year is a great time to assess your progress and make adjustments.

2. Review Cash Flow & Spending

Check in on your budget. Are you spending in line with your values? Are there areas where expenses have crept up? Use this time to make sure your income and spending align with your short- and long-term goals.

3. Adjust Tax Withholding or Estimated Payments

If your income has changed, or if you experienced capital gains or other taxable events, you may need to update your withholdings or make an estimated tax payment. This can help you avoid surprises next April.

4. Evaluate Investment Portfolio

Market volatility, interest rates, and sector shifts can all affect your asset allocation. A mid-year review is a good time to ensure your portfolio still reflects your goals and risk tolerance—and rebalance if necessary.

5. Check Retirement Contributions

Make sure you’re on pace to max out accounts like a 401(k), IRA, or HSA if that’s part of your plan. You still have time to increase contributions over the second half of the year if needed.

6. Revisit Insurance and Estate Documents

Life changes—such as a move, new job, or family update—may warrant a review of your insurance coverage or estate plan. Confirm your beneficiaries, power of attorney, and healthcare directives are current.

7. Meet With Your Financial Advisor

A proactive planning session can bring clarity, highlight tax opportunities, and identify course corrections before year-end deadlines. Regular check-ins help ensure your strategy adapts with you.

The Bottom Line

Financial planning isn’t a one-and-done task—it’s an ongoing process. The midpoint of the year is a valuable opportunity to reflect, realign, and take action. Whether you're navigating a complex portfolio or refining your retirement plan, a thoughtful mid-year review can help you stay on course toward your goals.

Want help reviewing your plan? Schedule a mid-year check-in to see how your strategy is tracking—and where we can fine-tune for the road ahead. Schedule a Call

---

About Rigden Capital Strategies

Rigden Capital Strategies was born out of a simple but powerful idea: financial advice should be personal, transparent, and built around your goals—not generic solutions or product-driven sales. Fueled by decades of experience and a desire to see clients truly succeed, we’ve created a process rooted in value, integrity, and progress.

As a fee-only fiduciary, we offer dynamic, stress-tested wealth plans tailored to your life. Our expertise spans investment management, retirement and tax planning, and estate guidance. Blending active and passive strategies to help your portfolio through any market. We believe in real relationships, clear strategies, and long-term results.

Your goals, our strategies. Together, let’s make your goals happen.

Disclosure: This content is for informational and educational purposes only and should not be interpreted as financial, legal, or tax advice. While we strive for accuracy, we do not guarantee the completeness or reliability of the information provided. Investment decisions should be based on individual circumstances, and we recommend consulting a qualified professional before implementing any financial, legal, or tax strategies. Past performance is not indicative of future results, and all investments carry risks, including potential loss of principal. No investment strategy can guarantee success or protect against loss in all market conditions. Investors should carefully consider their risk tolerance, investment objectives, and financial circumstances before making investment decisions.

Check out our other insights at https://www.rigdencapital.com/blog.