- Solid financial footing starts with smart moves.
Let's make next year your year to thrive.
Planning for some big life changes,
a new job, a new home or a growing family,
update your goals and plans to match what's coming.
Now, review your savings.
Can you cover three to six months
of expenses if life throws you a curve ball?
If not, make building an emergency fund your top priority.
Treat it like a bill
you pay yourself consistently every month,
set up an auto deposit to your checking account
and you won't have to think about it again
until you need it.
Next, tackle your debt.
Look for ways to lower interest rates or refinance loans.
Freeing up cash now
means more room to save and invest later.
And don't forget your future self,
maximize your 401k, TSP
or other retirement plan contributions
and maybe open an IRA for tax benefits.
Also, make sure your insurance
covers those who depend on you,
and check that your investments still fit your goals
and risk tolerance.
Finally, update your estate plan and will,
life changes fast so keep your plans current
and before making any big money moves,
talk to a trusted financial advisor.
This new year, leave bad money habits behind
and embrace smarter, more powerful moves,
now that's thriving.