Living Well Depends on How Well You Plan!
Do the words, “New Year’s Resolutions” spark feelings of anxiety for you? Have you made resolutions in the past that you just couldn’t keep up with? Did you create a “How to” plan when setting those goals for yourself? According to a Business Insider survey, 80% of New Year’s resolutions fail by February, which can be mostly attributed to goal setting that is way too aggressive and a lack of planning.
If your goal is to become more financially stable in 2019, New Dimensions FCU suggests that you create a customized plan that works for you and your family. Keep in mind that one plan does not fit all families or situations. Whether it’s building a sizable savings account, paying down debt, contributing to a retirement plan or tackling costly projects, it’s easiest to start with the basics. Here are some ideas to help you build a viable plan for your financial goals in 2019:
- Create an effective household budget