It’s hard to believe another year has passed, and we’re already setting our sights on 2024. And with the arrival of a new year come those old, familiar resolutions. While fitness or organization may be at the top of your list, this is also a great time to reevaluate your household finances.
Experience has taught us that using a checklist is a straightforward way to maintain financial discipline. This approach ensures you examine all facets of your finances, from setting achievable savings goals to creating realistic budgets. Below, we’ve compiled a list to help you manage your finances effectively throughout the year.
January: Set your goals
Every New Year’s resolution begins with a goal, and your financial resolutions are no different. Start by drafting a budget to clearly understand your financial landscape. Take a close look at your cash flow and distinguish between essential expenses, such as groceries, gas, and utilities, and those that can be reduced, like frequent dining out or unused subscriptions.
