As we hit the halfway mark of the year, there’s no better time to pause, reflect, and realign with your financial goals. Whether you’re just starting your wealth-building journey or you’re years into financial planning, a mid-year financial check-in is one of the most powerful dinero self-care tools you can use.

In this episode of the Wealth Para Todos Podcast, I shared 15 reasons why this practice matters—and I walked you through my own mid-year personal finance check-in to help you feel more confident about completing yours.

Why I Started Doing Mid-Year Financial Check-Ins

Before 2019, I didn’t do formal financial check-ins. I saved with vague goals like “someday I’ll buy a house,” but I didn’t have sinking funds, an emergency fund, or clear financial targets. I’d save for a house and then dip into those savings for travel because… I didn’t know any better!

It wasn’t until I started diving deep into financial literacy—listening to podcasts, reading books, and watching YouTube videos—that I realized how important it was to set intentional money goals and track my progress regularly.

Now, I do a mid-year check-in every June or July to make sure my financial decisions are aligned with my capacity, values, and the life I’m building.

15 Reasons to Complete a Mid-Year Financial Check-In

Here’s why this check-in matters (for you and for me):

(1) Understand How Much Income You’ve Made So Far

Whether you’re a 9-to-5er, entrepreneur, or both—know your numbers.

(2) Assess Your Progress on Savings Goals

Check if you’re on track and adjust if needed.

(3) Rework Your Debt Payoff Plan

Life changes. Your debt strategy should too.

(4) Reconnect with Your January Intentions

A lot has happened since the start of the year (both globally and personally).

(5) Celebrate Overlooked Wins

Pause and acknowledge all the small shifts you’ve made.

(6) Release Goals That No Longer Fit

It’s okay to change your mind.

(7) Align Your Spending with Your Values

Eliminate expenses that no longer serve you.

(8) Update or Create Sinking Funds

Plan for weddings, baby showers, travel—whatever’s coming your way.

(9) Review Your Investment Contributions

Especially if early retirement is your goal.

(10) Spot Changes in Your Expenses

Both fixed and variable costs may have crept up.

(11) Track Your Net Worth Progress

It’s a great marker of your generational wealth journey.

(12) Recenter Your Money Habits Around Nervous System Regulation

You deserve to make money decisions from a grounded, calm place—not from fear or shame.

(13) Evaluate Current and Potential Income Sources

Brainstorm ways to increase your income streams.

(14) Prepare for End-of-Year and Seasonal Expenses

Holiday shopping, insurance renewals, and property taxes are coming.

(15) Normalize Checking In with Your Dinero Without Shame

Make this a regular, empowering part of your self-care.

My Personal Mid-Year Financial Check-In: The Real Numbers

Here’s a peek into my own financial check-in for 2025 (because I always want to model transparency for you):

• Income: So far, I’ve earned around $29,000 in business revenue. This is lower than previous years, but intentional as I prioritized grief support and rest after losing my abuelita.
• Net Worth: Our combined household net worth is now over $1 million, thanks to market growth, home value increases, and Husbae maxing out his retirement contributions.
• Debt: We currently have two debts: our mortgage (~$911,585) and a 0% credit card (~$16,000) for home furniture (with a sinking fund ready to pay it off).
• Savings: We’re holding about $124,000 in savings, but a big chunk is earmarked for 2024 taxes ($65,000) and upcoming property taxes.
• Investments: I’ve contributed about $8,000 to my Solo 401(k); Husbae already maxed his with $23,500.

What’s Working and What Needs Adjusting

• Wins I’m Celebrating: Maxing out Husbae’s 401(k) by March. Keeping our checking account buffer intact after struggling earlier this year. And making huge progress on our garage-to-studio conversion—all cash-flowed!
• Challenges I’m Noticing: Our weekly money dates have felt tense and draining. Between health issues, the wildfires, and grief, our communication was strained. To shift this, we’re going back to couples therapy and moving our money conversations outdoors for a change of vibe.
• Big Financial Priorities for the Next Six Months:

1. Save the final amounts needed for 2024 taxes and 2026 property taxes
2. Finish the garage studio conversion
3. Max out my 401(k)

A Reminder for You

If this post is making you nervous or overwhelmed, please pause and give yourself credit: You’re reading this. You’re showing up for yourself. That’s a win.

Whether this is your first-ever check-in or your fifth, remember:

Progress ≠ perfection.

Consistency ≠ rigidity.

And your wellness is essential to your wealth-building journey.