top of page

New Years Resolutions for your finances

Start putting money back in your wallet

It's time for resolutions, and this year, let's make them ring with the satisfying clink of coins hitting your piggy bank. No more vague promises to "be better with money." Let's begin with setting achievable financial goals. Here are some ideas to get you started:


Debt Demolition:

  • Target: Choose your debt, be it credit cards, student loans, or a pesky car payment. Set a realistic monthly amount to slay it, and reward yourself for milestones reached.

  • Strategy: Automate your payments, explore consolidation options, and consider a side hustle to fuel your debt-crushing fire.

Savings Sprinter:

  • Goal: Define your prize – a dream vacation, a down payment on a house, or a plump emergency fund. Calculate the needed amount and break it down into bite-sized monthly contributions.

  • Track: Utilize budgeting apps, challenge yourself with savings sprints, and celebrate every green milestone.


Investment Igniter:

  • Start: New to investments: Open a robo-advisor account or explore low-cost index funds. Seasoned Pro: Refine your asset allocation or research new avenues for growth.

  • Educate: Read, listen to podcasts, and attend workshops to build your financial knowledge. Remember, the more you know, the smarter your investments can be.


Budget Blitz:

  • Track: Download a budgeting app, jot it down in a notebook, or create a colorful spreadsheet. Just get your spending under a microscope.

  • Analyze: Categorize your expenses, identify areas for trimming, and unleash your inner bargain hunter. Every penny saved is a penny earned towards your goals.


Financial Fitness:

  • Review: Check your insurance coverage, update beneficiaries, and review your credit score. A financial checkup keeps you prepared for life's curveballs.

  • Automate: Schedule bill payments, automatic transfers to savings, and even investment contributions. Set it and forget it, let your money work for you while you focus on living your best life.

Remember, resolutions are more than wishes whispered into the midnight air. They're actionable plans, fueled by commitment and sprinkled with a dash of self-reward. So, this year, make your financial resolutions a dazzling display of fireworks, lighting up your life with prosperity and peace of mind. And don't forget, even the smallest spark can ignite a bonfire of success.





Let's make 2024 the year we conquer our financial fears and celebrate our financial victories. Happy New Year, and happy savings!


If you haven't checked out my PennyWise Financial Podcast, watch a look at a clip from one of our shows with guest Liz Biehler from The Liz Harley Agency with Allstate in Victor, NY. Scroll down to watch the entire episode. It's available on all major podcast platforms like Apple, Google Spotify, and YouTube.



👇Or click below to watch the full Episode



Everyone wants to offer advice. We hope you have the right person. A trusted person to guide you on your path to achieving your goals. If you're not working with the right team or want a second opinion, we hope you consider our services. Follow our content to learn more about our process, and investment philosophy and hear real-life accounts of what our clients are dealing with and how we help them.


And that's only the beginning. Reach out and schedule a consultation to discuss your situation. We'll walk you through your options and help you make the right choice for your goals. Click below to listen to the latest PennyWise Financial Podcast and hear more commentary on the stuff you need to know, and much more. Check out another episode below or view our catalog of videos by clicking the button linked to our channel.



Want to learn more? Follow our latest market commentary, firm updates, or anything financial via our blog, Podcast or Vlog.




Listen on your favorite platform:


132 views0 comments

Recent Posts

See All

Comments

Rated 0 out of 5 stars.
No ratings yet

Add a rating
bottom of page