Summer’s here — and just like that, we’re halfway through 2025. Between vacations, barbecues, and the back-half of the year coming into view, now is the perfect time for a financial refresh.
Whether 2025 has brought unexpected changes or you’ve been steadily following your plan, a mid-year check-in helps ensure your money is working toward your biggest goals.
What’s Changed Since January?
A lot can shift in six months — both globally and personally. Use this time to reflect on what might be different since you last reviewed your finances:
- Market volatility or interest rate shifts may have impacted your investments.
- Inflation and cost-of-living changes might be altering your spending.
- Geopolitical shifts or tariffs could be affecting global markets, supply chains, or the cost of goods — especially if your portfolio includes international exposure or if you own a business.
- Life events — a new job, move, or family change — can warrant a financial pivot.
- Your goals might be evolving (hello, new travel plans or retirement timeline).
💡 Considering how global trends like inflation or interest rate changes may impact your plan? Read our guide to investing in blue-chip vs. growth stocks to explore stable vs. high-growth strategies.
What’s Stayed the Same?
While it’s important to adjust for change, don’t overlook the core elements of your financial plan that are still serving you well:
- Are you consistently saving and investing each month?
- Is your debt under control or being managed on schedule?
- Are your long-term goals (like retirement or a home purchase) still a priority?
📌 Still focused on retirement? It’s never a bad time to revisit your strategy. Check out our article on planning for retirement in Canada.
How to Adjust Your Financial Strategy Mid-Year
Here are a few ways to get back on track — or go even further — with your money goals in the second half of 2025:
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Revisit Your Budget
- Are you still tracking your spending?
- Have summer costs or travel affected your monthly flow?
- Are there areas where you can cut back or reinvest?
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Rebalance Your Portfolio
- Check your asset allocation — is it still aligned with your goals and risk level?
- Adjust for any overexposure or missed opportunities.
🎯 Interested in including cryptocurrency in your portfolio? Read our article on whether Bitcoin still makes sense for Canadian investors.
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Review Your Emergency Fund
- Is it still sufficient for 3–6 months of expenses?
- Have lifestyle upgrades or income shifts changed your needs?
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Communicate with Your Partner or Family
- Money conversations evolve with time. If your life has changed, your shared financial priorities might need a reset too.
💬 Want to build healthier financial habits with your partner? Don’t miss our guide to love and money.
Want Help with Your Mid-Year Review?
It’s easy to let summer fly by — but taking a moment now can help ensure you’re still on track to meet your financial goals. Whether you need to make adjustments or simply confirm you’re on the right path, a mid-year check-in offers clarity and peace of mind.
Need a second set of eyes on your plan? Book your complimentary mid-year review with Evans Family Wealth. We’ll help you fine-tune your strategy so you can finish 2025 strong — with confidence, purpose, and a plan that works for your life.
