Financial Resolutions to make this year
Did you resolve to slim down your spending or beef up your savings this year? About 41 percent of Americans make New Year’s resolutions, but less than 72 percent are kept through the first week (and less than half are maintained after six months). Why do we fall off the wagon? We’re either too ambitious (one resolution at a time is best) or lack a clear-cut strategy. Translating your goal into an actionable plan (and breaking it up into achievable benchmarks) should make long-term success more possible. Here are some financial resolutions to consider and how to go about them week-by-week.