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Tuesday, January 31, 2023

12 Ways to Start the New Year Off on the Right Financial Foot | Entrepreneur

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With a new year comes the chance to review the previous year and make new resolutions. 

Set goals for your overall wellness, not just your physical and emotional health. Resolutions for financial wellness should also be included. When you are tempted to give up on your resolution, set achievable targets and remember why you did it in the first place. It can also be beneficial to transfer money from your checking account to a different saving or investment account or to have a portion of your paycheck routinely put into a savings account. 

Here are twelve new year’s resolutions to help you achieve your financial objectives: 

  1. Revise your budget.
  2. Save more.
  3. Calculate your net worth.
  4. Check-in on your emergency fund.
  5. Improve your credit score.
  6. Tackle your high-interest debt.
  7. Reset your retirement plans.
  8. Update your savings goals.
  9. Review your life insurance policy.
  10. Put your health first.
  11. Invest in what matters most to you.
  12. Get your taxes done early.

Source:https://www.entrepreneur.com/finance/12-ways-to-start-the-new-year-off-on-the-right-financial/441133 

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