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.
†We offer personal loans from $1,000 to $25,000, with loans terms from 12 to 60 months. Minimum and maximum amounts dependent on an applicant’s state of residence and the underwriting of the loan. Loans between $1,500 and $15,000 may be funded online. Loans greater than $15,000 or less than $1,500 are funded through our branch network. Specific interest rates and fees are determined as permitted under applicable state law and depend upon loan amount, term, and the applicant’s ability to meet our credit criteria, including, but not limited to, credit history, income, debt payment obligations, and other factors such as availability of collateral. Not all rates and loan amounts are available in all states. Additional fees may apply to some loan offers; some state required and/or permitted fees may be treated as prepaid finance charges. Any such charges shall be in addition to the loan amount requested and/or approved and shall be fully disclosed to the applicant on his/her loan agreement. Not all applicants will qualify for the lowest rates or larger loan amounts, which may require a first lien on a motor vehicle not more than ten years old titled in the applicant’s name with valid insurance. Our loan by phone and online closing process requires a compatible mobile or computer device on which you can access your email and electronic documents. Not all loan types are eligible for loan by phone or online loan closing.
To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. As a result, under our customer identification program, we must ask for your name, street address, mailing address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents.
*The process uses a “soft” credit inquiry to determine whether a loan offer is available, which does not impact your credit score. If you continue with the application process online and accept a loan offer, or are referred to a branch and continue your application there, we will pull your credit report and credit score again using a “hard” credit inquiry. This “hard” credit inquiry may impact your credit score.