After dropping serious cash on holiday presents and parties, many people resolve to get their spending under control for the new year. But just vowing to spend less and save more is probably not going to cut it. By breaking down these vague ideas into more actionable money resolutions to tackle in the new year, you can help get your finances under control for good.
Sure, reviewing your budget is not the most fun way to spend the last of your holiday vacation, but a few minutes of planning now can help you obtain some financial peace of mind for the rest of the year. And in a few weeks, these financial practices will just become second nature. You’ll still be a saving champ long after most people’s resolutions have been long abandoned.
Getting your money in order may have additional benefits, too. As CBS News reports, money is the biggest source of stress for most Americans, and it affects women and parents even more acutely. So getting your finances in order may be one of the best ways to reduce your own stress and provide more security for your family. Peace of mind and more financial stability? Let’s toast to that!