Resolution 2025 2.0

You’ve abandoned your New Year resolutions, haven’t you? Almost 60% of Americans have. Most of the rest made none to start with. A reader has suggested that now is a good time for Resolutions 2.0. You can recommit to your previous goals or start a new one. And a few that were recommended apply to almost everyone to some degree, and could have long-lasting, positive effects.

Reduce your debts, build an emergency fund, and save/invest with a goal in mind. You may think, “That’s easy to say, but really hard to do.” But it’s probably a lot easier to do than you imagine. Even small changes can help turn around a negative situation. Two keys to breaking out of a losing financial routine (or a mediocre one) are realizing that: 1) your choices will determine your future, and 2) the best time to start is now.

There are books, videos and apps that provide insight and guidance. It would be wise to also talk to a professional financial advisor who can assist you or direct you to someone else who can.