2018 is slowly coming to a close, which means 2019 is upon us and also... New Year's Resolutions!
According to Fidelity Investments Magazine, nearly one-third of Americans plan to make a money resolution for 2019, with 48 percent of them intending to save more, 29 percent looking to pay down debt, and 15 percent planning to spend less. Fidelity Investments Magazine also found that this year, 32 percent of people are considering a financial resolution for the year ahead, compared to last year's all-time low of 27 percent.
U.S. News provided 20 money resolutions to consider for 2019.
- Identify financial goals
- Start tracking your budget
- Check your credit report
- Commit to no spend days
- Get healthy.. without joining a gym
- Boost retirement contributions
- Fast-track debt payoff goals
- Cut back on bad money habits
- Automate good habits
- Do home maintenance
- Cut the cable cord
- Go to the doctor or dentist
- Evaluate last year's financial mistakes
- Rebalance your investment portfolio
- Assemble your financial team
- Re-evaluate your employee benefits package
- Call your credit card company
- Subscribe to a personal finance podcast
- Read a personal finance book
- Fund your health savings account