If things didn’t go so well for you finance-wise in 2018 (or even if it did), you can turn it around with the new year. The beginning of a new year is always a great time to think about your money in a new light. Here are some tips to help you get started moving toward a financially healthy 2019.
A new year is always a great time to take an inventory of the state of your finances from the past year. What worked for you? What didn’t work? Look at every aspect of your budget, accounts, debt (if you have any) and your 2018 goals and see where you stand in each category. From there, you can formulate plans for 2019 to stay on track.
Check Credit Report
The beginning of the year is a great time to check your credit report. Checking it the same time each year can be a great reminder to see where you stand with your credit. Depending on what you find, you can use that information to help make goals and plans for your finances for the year.
Write and Post Your Goals
We’ve talked about the importance of setting attainable goals before. However, it’s equally important that you write them down and put them somewhere where you can see them regularly. This will keep your mind on the goal and help you to not get off track.
These are just suggestions on how to get your year started on the right foot financially. Even if you are far from where you need to be with your money, the first step to success is recognizing where you are and finding the starting point to help you go forward.