Making financial New Year resolutions you can keep

That time of year again – time to make some promises to yourself that invariably do not get kept! Well, help is at hand. Seemingly, according to the experts, your resolutions need to "follow the 3 R's"…

They should be:

1. Reasonable.
2. Realistic.
3. Rewarding.

With that in mind, how about these eight recommendations from

  1. Spend less than you make.
  2. Save more – at least 10% of your income.
  3. Calculate your net worth.
  4. Start an emergency fund.
  5. Reduce your debt.
  6. Use credit cards for the benefits, not the penalties.
  7. Make sure you have adequate insurance.
  8. Create or update your will.

The Kerryman also has a few case studies on making a New Year's resolution to tidy up your finances

If that seems a little much to take on, I dedicate the following video to you. Some wisdom for January – raise the bar and walk effortlessly underneath 🙂

Happy New Year!

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