Make Smarter Financial Resolutions [VIDEO]
Financial resolutions are some of the most popular around New Years. We think it’s important to set a resolution that is specific and measurable. Otherwise, you might feel overwhelmed and give up altogether. For us, the first step is to look backward at our year and see where we did well and what financial goals we want to improve.
We think intentional reflection is crucial for setting financial goals and resolutions that stick. Saying things like “I need to save more money” or “I’m going to pay off debt,” or “I want to make a budget” all ways of saying “I need to spend less money.”
Learn more about the tax benefits of college savings accounts like 529 plans and Coverdell ESAs with the experts at H&R Block.