As 2018 comes to a close, it is time to reflect on your goals for the upcoming new year. Creating a New Year’s resolution is a common practice that can support positive changes in all areas of your life. Take advantage of this fresh start by implementing one of the following financial resolutions, that can help you better your overall financial wellness.
Welcome 2019 with open arms and a solid financial plan.
Setting A Budget
Start 2019 off on the right, financial foot by setting a reasonable budget that corresponds with your financial goals. Read our blog post, Saving for the Long-Term, for more tips on how to set and maintain a budget.
Dedicate 2019 to managing your debt. Identify where you can increase payments in order to pay off loans. Be diligent in your efforts to square away debt now so that you can improve your overall financial health in the long-term.
Get Serious About Retirement Planning
No matter what age you are, saving for retirement is an integral piece of your overall financial wellness. Speak with an HR representative at your organization to learn about what retirement plan options are available for you. Additionally, speaking with a financial advisor can help direct you on the road to retirement.
Review Your Insurance Policies
Are you getting the most bang for your buck? Speak with an experienced Insurance advisor to see if your insurance is providing you with the coverage you need at a cost that works for you.
A budget binder can help you better manage your information in an organized and efficient manner. You can also utilize this new year as an opportunity to tidy up your documents. Make sure you have updated all of your information and have copies of important documents secured in one safe location.
Consult with a Financial Advisor
Trying to get a hold on your financial future alone can be overwhelming, frustrating, and end up leading to more errors than victories. Leave it to the professionals. Speak with a trusted and informed advisor to help guide you to a path of financial success.
Improve Your Credit Score
Coming out of the holiday haze, checking your credit report can be a major reality check of where you are financially. Don’t turn a blind eye to your score. You are entitled to a free credit report from all three major agencies once a year. Stager these check-ins to continually review your score throughout the year. Take proactive measures throughout 2019 to boost your credit score.
No matter what you set as your financial goal, we are here to help. Duncan Financial Group is dedicated to making each piece of your larger financial puzzle work together for you. Contact one of our experienced professionals to help make your 2019 financial goals a reality.