October: Personal Finance Calendar

Setting a regular schedule to review your financial situation is vitally important to your financial health and overall well-being. This Personal Finance Calendar suggests the kinds of financial review you should complete monthly and periodically, lays out a month-by-month schedule of significant financial events and documents to evaluate and update ongoing, and discusses reviews to undertake when major life events occur.

October: Periodic Financial Tasks & Timely Monthly Tasks

This section provides reminders of periodic and timely financial tasks. Use this section to take the regular actions on your personal finances the NFEC recommends, or download a generic task calendar and create your own schedule.

Tax Extension Due – If you have filed for tax extensions, October is the month when you must file your taxes. October can also be a good month for planning any special end-of-year expenses, such as taking a vacation and/or buying Christmas presents.

Savings – Maybe you’ve had some emergency expenses and need to replenish your emergency fund. You can plan now to make some extra contributions to savings for the last three months of the year to “top off” your emergency account.

Estate Planning – Review your estate plan and update when necessary (e.g. change beneficiaries, add a dependent).

Long-term Financial Planning – Review, create, or modify your long-term financial plan.

Regular Monthly Tasks, Birthdays, & Life Events 

To best manage your finances, there are regular monthly tasks required to ensure that you’re working toward your financial goals and protecting your finances. Additionally, there are important life events and birthday events you should be aware of to ensure that you’re prepared.