Are you ready to make 2021 the best year of YOUR life?!
While there’s no real way of knowing just what the future holds, we know that it is bound to be spectacular for so many of you out there who are ready and able to work hard for everything that comes your way. To make this year the best one yet, then it is finally time to get that financial life together once and for all so that you, too, can live the life you’ve always imagined.
So, if you’re ready to feel financially confident and infinitely more informed, then consider adding these money resolutions to your own list of goals and resolutions for the new year. You’ve got this…You’re WORTH it!
Resolution #1: Improve that Credit Score
It is so important to know your own credit score and continue to monitor your progress throughout the year. Wondering why having good credit is so important and how you can improve your score one step at a time? Check out these posts here and here!
Resolution #2: Get organized
A huge key to feeling financially settled? Getting organized! Spend a few moments going through your closet, your drawers, or kitchen cabinets and donate, re-sell, or remove whatever you don’t need! This same advice can apply to so many aspects of our lives. If something doesn’t make you a better version of yourself this next year, we give you full permission to employ as many Marie Kondo hacks as you need to find joy.
Curious how you can spring clean your finances? Learn more here!
Resolution #3: Spend wisely
Is one of your new year’s resolutions to be more present? Consider extending that same approach to your finances! Build a budget, monitor your results regularly, and implement a few “no-spend days” each week or month. This way, you’ll be more aware of your own money habits and can make real-time adjustments or improvements before letting those negative behaviors spiral out of control.
Resolution #4: Get intentional with Goal Setting
It may seem silly, but goal setting is a major first step towards achieving anything. In fact, the simple act of creating goals and physically writing them down can be incredibly powerful. Take a few moments this month to set some goals for yourself. Write them down, and share them with an accountability buddy. For more on goal setting, check out this post here!
Resolution #5: Ditch your debt
Debt is a reality for so many of us, but it doesn’t have to dominate your life! This year, make a commitment to yourself to dwindle those debts down for good. Sure, it may seem like that mountain of credit card debt or student loan payments may never end, but every little effort counts! Not sure where to begin? Check out this post for 10 Tips to Help You Pay Off That Debt!
Resolution #6: Contribute to your Emergency Fund
If we learned anything from 2020, it is that life is unpredictable. Build your Emergency Fund so that you’re protected in the instance of an emergency (…or global pandemic). More on that here!
Resolution #7: Understand your retirement plans
Do you really know what’s going on with your 401k? This post should help you feel more informed ASAP!
Resolution #8: Get on the same page as your partner
When it comes to relationships, money woes can be a source of anxiety and arguing. Don’t let your money situation come between you and your partner. Make it a goal to institute monthly money talks so that you can keep lines of communication open and keep that relationship healthy. For more tips, see this post here!
Resolution #9: Begin investing
You likely know you need to invest, but the idea itself can cause such overwhelm and anxiety that you don’t ever get started. Does that sound about right? It’s time to set aside those feelings and get informed. Investing is such a powerful tool for building sustainable wealth and we KNOW you can do it! If you’re not sure where or how to begin, check out these posts here and here!
Resolution #10: Invest in YOURSELF!
You are the most important part of your financial equation. Success quite literally begins and ends with you. This year, make educating and investing in your potential a key priority. Learn new skills, explore new opportunities, reconnect with old mentors, or enroll in a course. As Warren Buffett says, “the most important investment you can make is in yourself.” Cheers to that!
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