Laura covers seven financial resolutions that could save you thousands and turbocharge your success. Even if you adopt just a few of them, you just may be in the best financial shape of your life this year.
Resolution #6: Read (or listen to) more books.
Mastering your personal finances and becoming a savvy money manager doesn’t happen overnight. Make a resolution to continue your education by reading at least one personal finance book or audiobook this year.
Of course I recommend my book, Money Girl’s Smart Moves to Grow Rich, which is available as an e-book or paperback at your favorite bookstore. Here are some more great recommendations:
- The Truth About Money by Ric Edelman
- The Millionaire Next Door: The Surprising Secrets of America’s Wealth by Thomas J. Stanley and William D. Danko
- Psych Yourself Rich: Get the Mindset and Discipline You Need to Build Your Financial Life by Farnoosh Torabi
Resolution #7: Take a Personal Money Day.
Sometimes taking time is the only thing stopping us from completing financial tasks like opening up a retirement account, switching to a better bank, or shopping auto insurance. Work and family can get in the way of taking care of our personal finances, even when we have the best intensions.
Make a resolution to take a Personal Money Day within the next 60 days. It’s a full day that you block out to focus exclusively on your money. You commit to working on nothing but your finances!
Make a resolution to take a Personal Money Day within the next 60 days. It’s a full day that you block out to focus exclusively on your money.
The time you take could be on a weekend or on a paid or unpaid vacation day from work. Choosing a weekday is best because businesses and financial institutions that you may need to reach will definitely be open.
I know taking a vacation day for something that you don’t really enjoy is a sacrifice. But if you don’t make a resolution to do something different for your finances, you won’t get different financial results.
Read Improve Your Personal Finances With a Personal Money Day Checklist for more information that will repay you many times over!