Key Takeaways:
- Look at your financial resolutions as more like a financial to-do list for the year.
- Financial situations change from year to year, which is why it’s important to update everything, from homeowners insurance to what you put in your retirement accounts.
- Even if you’ve already achieved one of these financial goals, you can probably improve upon it.
- Making some financial progress is better than not making any.
January’s half over, but the year has still just begun. If you haven’t tried to whip your finances in shape, this is a good time to start. You don’t have to think of these as financial goals as resolutions, but more like a reboot to your yearly financial to-do list.
If you want 2024 to be a better money year for your money, here are 12 solid financial things to try and stick to:
You probably have a budget, but it’s time to revise it to reflect your current state, says Siyu Wang, an associate professor in the department of economics at Wichita State University.
“Calculate your monthly income from all sources and categorize your expenses as essential, like rent and groceries, or nonessential, such as dining out,” Wang says. “The aim is to…