Hands of couple clinking with flutes of champagne and their friends holding sparkling bengal lights
It’s almost midnight on December 31. Are you ready?
One timeless tradition for many of us on December 31 is to reflect on the prior year’s events and make resolutions or set intentions for the coming year. After 2020 handed us the “adventure” that it was, and with 2021 looking like an enthusiastic second runner-up, it makes sense if folks feel nervous in the what’s coming department, or as some say “next?!”
While you can’t predict if you’ll get that raise or bonus, switch jobs, or hit the gym three times a week consistently, there is something you can reflect on and carve out a few goals for—your finances.
Should you partake of this exercise, according to a survey by WalletHub, you’re in fantastic company. Over 92 million Americans said they are likely to make 2022 resolutions that relate directly to their finances. Notably, nearly a third want to save more money, making it the top resolution across the board. However, the findings from WalletHub also reveal that despite the best of intentions, only 42% expect to make it a full year, and seven in 10 people admitted that in the past, they’ve cheated on a resolution.
Without a proper plan of attack, it’s easy to see how any resolution has the potential to become a nice notion you once had. But with your finances, it’s paramount to stay ready so you don’t have to get ready. Here are a few tidbits:
Make & Keep A Realistic Budget
Budget is not a dirty word, but if you’re doing this for the …….