How To Achieve Your Financial Resolutions

Whether it's becoming healthy, building your business, or taking control of your finances, we often start the New Year with improvement goals. But unfortunately, many of these noble resolutions don't last the winter.

So, how do we make New Year's resolutions that we can stick to, especially when it comes to taking control of our finances to improve our wealth?

Here's my list of simple strategies for helping you make and keep your financial resolutions (or sort out your finances!).

Take a look back at how you spent your money in 2024.

Spending is one of the best ways to consider what you might do differently with your money in 2025. So, now is a great time to evaluate what is still worth spending money on and determine what can be reduced, replaced, or eliminated in your budget. And if you don't have a budget, it's also a great time to create one.

Creating a debt repayment plan, particularly concerning consumer debt (think personal loans and credit cards!) so you can unshackle yourself from your past is a must. The amount you can allocate to this endeavour should align with your budget. You'll need to strike a balance between paying off debt and ensuring you can survive in the present.

Everyone's financial circumstances are different, so the key to this plan is to devise a plan of action that's best for you.

Whether starting a business, saving for your children's education, or building an emergency fund, it's essential to set a target for how much you need to save monthly to comfortably reach your primary financial goal. Knowing that number can give you peace of mind and help you set a realistic budget.

Whatever your financial goals are for the coming year, don't try to tackle them all at once. Instead, break them down into bite-sized chunks.

And if you are ready to really get stuck into getting your finances in order, then my 30-Day Money Detox program is for you. To find out more about the 30-Day Money Detox, click on the link below:

30-Day Money Detox