“New Year’s resolutions often involve eating better and
exercising, but you can also use the start of the year to get financially fit”
(The following tips are quoted from Associated Press writer J. Pisani).
1. Know where you stand. Begin 2014
with an overall view of your finances. Figure out your net worth.
2. Think small. Aiming to save a big pot of money can be
overwhelming and set you up for failure. Instead of resolving to save $1,200
over the year, for example, break that amount into smaller goals.
3. Pay yourself first. Make any
savings automatic.
4. Pay down debt. Tackle credit-card
debt this year.
5. Save more for retirement. No matter your age, most people
should be putting 10 percent to 15 percent of their income toward retirement….
For details and suggestions read the full article at:
http://www.sltrib.com/sltrib/money/57363131-79/money-retirement-says-pay.html.csp
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