Skip to Content
Close Icon

Beachwood Office (888) 801-1666 Open Geo Locator

Your Preferred Branch

Beachwood Change Location

25201 Chagrin Boulevard
Suite 120
Beachwood, OH 44122

Phone: (216) 359-5580
Fax: (216) 359-5581

View Driving Directions

Change Preferred Branch

  • Ada Office
    118 South Main Street P.O. Box 135 - Ada

  • Ada ATM (Non-Branch)
    525 S Main Street - Ada

  • Beachwood Office
    25201 Chagrin Boulevard, Suite 120 - Beachwood

  • Bellefontaine North Office
    1120 North Main Street P.O. Box 849 - Bellefontaine

  • Bellefontaine South Office
    1454 South Main Street P.O. Box 670 - Bellefontaine

  • Chardon Office
    348 Center Street P.O Box 1078 - Chardon

  • Cortland Office
    3450 Niles-Cortland Road - Cortland

  • Dublin Office
    6215 Perimeter Drive - Dublin

  • Garrettsville Office
    8058 State Street - Garrettsville

  • Kenton Office
    100 East Franklin Street P.O. Box 234 - Kenton

  • Lake County Loan Production Office
    8373 Mentor Avenue - Mentor

  • Mantua Office
    10691 Main Street P.O. Box 648 - Mantua

  • Marysville Office
    160 Coleman's Crossing Blvd. - Marysville

  • Middlefield - Main Branch Office
    15985 East High Street, P.O. Box 35 - Middlefield

  • Middlefield - West Branch Office
    15545 West High Street. P.O. Box 35 - Middlefield

  • Newbury Office
    11110 Kinsman Road, P.O. Box 208 - Newbury

  • Orwell Office
    30 South Maple Street, P.O. Box 66 - Orwell

  • Plain City Office
    490 South Jefferson Avenue - Plain City

  • Powell Office
    10628 Sawmill Parkway - Powell

  • Solon Office
    6134 Kruse Drive - Solon

  • Sunbury Office
    492 West Cherry Street - Sunbury

  • Twinsburg Office
    2351 Edison Boulevard, P.O. Box 560 - Twinsburg

  • Westerville Office
    17 North State Street - Westerville

Contact Us
Online Banking Login


Home Blog Have You had a Financial Checkup?

Have You had a Financial Checkup?

Posted On: February 14, 2023 by The Middlefield Banking Company in: Budget Family Personal Loans Savings

Have You had a Financial Checkup?

A regular checkup with your doctor or dentist is a time to make sure your health is on track, there are no big concerns, and things are functioning normally. You are making your health and well-being a priority, which is great because you want your body to function properly and effectively for many years to come. When it comes to your personal finances, how often are you doing a checkup? You need a banker just like you need your doctor or dentist. Keep reading to learn what a financial checkup is and how often you need one!  

What is a Financial Checkup? 

A financial checkup or review, as it’s more commonly called, is an examination of your overall finances to include your goals, budget, current debt, upcoming planned expenses, retirement needs, and more. A financial checkup can be done yourself or with a financial expert at The Middlefield Banking Company. The benefit of working with a financial expert is the assistance they provide in working through your finances to build a plan to meet your financial goals. They can offer ideas and can help you explore alternative options that you may not have considered, or even be aware of.  

Benefits of a Financial Checkup 

It’s never too late or too early to schedule a financial checkup. Consult your banker to help assess your financial situation. Establishing a good relationship with your banker will not only be beneficial to your finances but to you for years down the road. A financial checkup will set you up for success in the short and long term as you piece through your goals and how best to reach them.  

When do You Need A Financial Checkup?  

Now that we know what a financial checkup is, the big question is do you need one? The answer is ABSOLUTELY! Everyone, no matter where they are in their financial journey should set aside time for a financial checkup just as you do for your health. As the saying goes “your health is your wealth.” Regularly reviewing your finances, money habits, and goals will indeed provide you with more financial stability in the long run.  

How Often Should You Get a Financial Checkup?  

Experts recommend scheduling a financial checkup annually, but you may want to have check-ups more frequently to review your financial standing and goals. Along with an annual financial checkup, there are instances when you should include an additional check-in. You should always have a checkup when big life changes occur. This includes marriage, buying a house, having children, divorce, kids going to college, a large unplanned expense, retirement, starting a business—really anything that could drastically change your financial plan.   

At The Middlefield Banking Company, we are here to guide you in the right direction and help you reach your financial goals, possibly including establishing an emergency fund, saving for a big purchase, borrowing to realize a lifelong dream such as a house or business, and much more. Schedule a meeting with your banker today to make sure your finances are on track and your money is working effectively for you for many years to come!