Let’s assume you have a financial plan in place. When is the last time you gave yourself a progress report? Just because you created a plan does not mean the plan is working—you may find yourself in the habit of doing the same things over and over again, but it’s just as easy to automate bad habits as it is good. So it’s a healthy practice to engage in financial introspection.

A good example of this practice is a club called Tiger 21, and contrary to what you may be thinking, it’s not a group of financial novices stumbling through their half-thought-out plans. It’s a group of high net worth individuals (investible assets in excess of $10 million) who pay $30,000 a year to be members of this peer-evaluating network.

Tiger 21 is short for The Investment Group for Enhanced Results in the 21st Century, and they meet routinely to allow members to present and defend their investments, charitable giving, and estate planning in front of one another. In other words, this group of already extremely wealthy people pay a lot of money to stand in front of each and have their financial decisions critiqued by one another for improvement.

Now, I don’t know that I can get behind paying $30,000 for this type of experience, but you cannot deny the humility and willingness to improve this group shows. Aristotle said, “Knowing yourself is the beginning of all wisdom,” and I cannot think of a quicker way to really find out what you’re made of than baring all in front of a group of your peers.

Everyone cannot have this opportunity, but that doesn’t mean you shouldn’t make time for your own type of financial introspection. If you are working with an advisor, then they should already meet with you at least once a year to make sure your financial plan is on track. But if you’re not, then you should plan some type of annual financial checkup for yourself—every year ask yourself what’s working and what’s not.

Josh Norris is an Investment Advisory Representative of LeFleur Financial. Josh can be reached at josh@LeFleurFinancial.com.