In this episode Mark shares his approach to starting the new year with a solid personal financial plan. He covers how to reflect on the past year's financial activities, organize income and expenses, and prepare a comprehensive one-page financial plan for the upcoming year.  Topics include tracking income and expenses, calculating net worth, preparing for tax season, optimizing health insurance subsidies, and setting savings goals. Mark offers practical tips and tools for both retirees and those still earning income, emphasizing the importance of aligning spending with personal values and automating savings. If you would like your question answered on the show, please send an email to Mark@MarksMoneyMind.com and put “podcast question” in the subject line. Episode Links: Mark’s Money Mind YouTube Channel The Financial Speedometer: Tracking Your Income & Expenses | Episode 004 The Financial Starting Line – Net Worth, 529 to Roth IRA and Q&A | Episode 003 Dinkytown.net 1040 Tax Calculator College for Financial Planning - 2025 Annual Limits Relating to Financial Planning Social Security Administration ACA Healthcare Marketplace IRS Tax Withholding Estimator Timestamps: 00:27 Reflecting on Last Year's Finances 01:37 Reviewing and Categorizing Financial Data 05:02 Creating a Net Worth Statement 08:14 Preparing for Tax Season 12:59 Planning for the New Year 21:22 Understanding ACA Subsidies and Tax Brackets 23:48 Strategies for Managing Income and Subsidies 28:20 Pay Yourself First: Savings Goals and Strategies 29:08 Maximizing Employer-Sponsored Retirement Plans 30:12 IRA Contributions: Traditional vs. Roth 31:35 Health Savings Accounts (HSAs) and Other Savings Goals 35:14 Reviewing Tax Withholding and Estimated Payments 37:10 Creating a One-Page Financial Plan