New Year's resolutions have varying levels of success. While many people are able to follow through with them, others are less ambitious, oftentimes leaving them by the wayside. This is especially true when it comes to finance, which is an aspect of life that many people can use help with. As we close out 2018, here are some of the most common New Year's resolutions that Robert Jain will be able to outline.
One of the most common New Year's resolutions, as far as finance is concerned, is to build an emergency savings account. Whether it's due to a lack of employment, a medical concern, or what have you, there may come a time when you have to pay a considerable amount. Why not alleviate the concern of having to pay out of pocket? This is why you should build the aforementioned account, which names such as Bob Jain will recommend that you do as well.
Another way to go about establishing New Year's resolutions is by increasing your contributions to your retirement account. If you speak to an established agent, and continue to work full-time on a regular basis, eventually you'll reach your goal. However, by increasing your contributions, the goal in question will be obtained sooner. This goes a long way in your personal life, especially in the long term, so keep this in mind.
You can save money next year by being healthier, too. This may seem more like an overall quality of life move, as opposed to a solely financial one, but it's important to note that the ways we stay in shape don't have to be overly expensive. For example, instead of paying for a gym membership on a monthly basis, consider doing exercises at home. By making this slight adjustment, you'll be able to cut costs in no time.
Perhaps the best New Year's resolution that one can make, as far as finances are concerned, is by boosting their credit score. If you have been having trouble obtaining a loan or opening a new credit card, it's possible that a low score is to blame. You can improve this by making smarter purchases, only buying what you know you can afford. This will allow to pay more affordable monthly bills, which will go a long way in improving your score.
One of the most common New Year's resolutions, as far as finance is concerned, is to build an emergency savings account. Whether it's due to a lack of employment, a medical concern, or what have you, there may come a time when you have to pay a considerable amount. Why not alleviate the concern of having to pay out of pocket? This is why you should build the aforementioned account, which names such as Bob Jain will recommend that you do as well.
Another way to go about establishing New Year's resolutions is by increasing your contributions to your retirement account. If you speak to an established agent, and continue to work full-time on a regular basis, eventually you'll reach your goal. However, by increasing your contributions, the goal in question will be obtained sooner. This goes a long way in your personal life, especially in the long term, so keep this in mind.
You can save money next year by being healthier, too. This may seem more like an overall quality of life move, as opposed to a solely financial one, but it's important to note that the ways we stay in shape don't have to be overly expensive. For example, instead of paying for a gym membership on a monthly basis, consider doing exercises at home. By making this slight adjustment, you'll be able to cut costs in no time.
Perhaps the best New Year's resolution that one can make, as far as finances are concerned, is by boosting their credit score. If you have been having trouble obtaining a loan or opening a new credit card, it's possible that a low score is to blame. You can improve this by making smarter purchases, only buying what you know you can afford. This will allow to pay more affordable monthly bills, which will go a long way in improving your score.
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