When making your list of resolutions, it’s in your best interest to include your finances. Why? Aside from the overall improvement to the quality of life that good financial footing provides, research actually shows that those who make financial resolutions compared to other kinds are more likely to succeed. That’s right, according to a survey conducted by Fidelity Investments, individuals who focused on their finances had a much higher success rate than those who chose things like “weight loss” and “quitting smoking”. Take a look at the infographic below:
Why are financial goals easier to stick with? According to the same survey, there were 9 compelling reasons that motivated individuals to hit their financial goals:
Stuck on where to start when making your financial resolutions? It helps to have a basic knowledge of things like: how to use credit, how to start saving, and how to plan to buy a home. With a solid understanding of how different aspects of your finances impact your overall financial health, you can immediately start targeting places to improve.
Improve your financial knowledge today by using MoneySKILL, a free, interactive program that walks you through topics like: taxes, saving, borrowing, understanding your credit rating, etc. The program includes real-life examples and can be completed in a day. After completing the program, you will have a solid roadmap for areas you can immediately start improving upon. Have questions, contact us today!
This material was prepared for general distribution. Although all blog posts are intended to be accurate, the information and third-party links provided in the Mariner Finance’s blog are intended for general knowledge and educational purposes only without any warranties, implied or express, of any kind. The posts do not constitute investment, financial or other advice. Authors may or may not be licensed financial professionals; for specific advice, seek the input of a licensed and trained financial expert. Mariner Finance’s blog entries may also be viewed at www.pioneercredit.net and www.personalfinancecompany.com.
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