You also may find more time to review your financial goals and decide whether you need a reboot.
Here are three key actions financial experts suggest you take midyear.
Oscar Wong | Moment | Getty Images"Make practice payments to yourself," said Corbin Blackwell, a CFP and senior financial planner at Betterment.
Check your tax withholdingTo avoid having too little tax withheld from your pay and facing an unexpected tax bill or penalty at tax time next April, check your tax withholding.
Adjusting your tax withheld now can also help with your cash flow and ensure you receive a bigger paycheck and smaller refund at tax time.
Persons:
Stacy Francis, —, Jordan Awoye, Oscar Wong, Corbin Blackwell, Tim Maurer, Blackwell
Organizations:
Francis Financial, Awoye, CNBC, IRS
Locations:
New York, Bay Shore , New York, Atlanta, Charlotte