I do three main things but they all contain a lot of pieces to the overall financial puzzle.

1. Review and adjust investment objectives and goals as needed. This includes both short and long term goals as well as updating a net worth calculation.

2. Rebalance investment accounts if needed. This isn't technically the best way to do it but once a year rebalance works for me and allows me to tune out the up and down noise during the year.

3. Review and adjust my monthly budget as needed. I have found this helps with keeping life style creep in check.