Over the past few weeks, a common question kept arising, “What are your New Year’s resolutions?” Due to the cultural acceptance that resolutions won’t last past February, I find some reluctance around setting them.
So, what is the purpose of the resolution? Unlike hopes, dreams, or aspirations, a resolution introduces a critical element: determination. In this New Year, I encourage you to apply that determination to financial resolutions. On that note, below I have linked a recent article from Charles Schwab, detailing five key areas to consider when creating financial resolutions.
Click here to read the Schwab New Year’s Financial Resolutions article.
Don’t hesitate to reach out if you would like to discuss resolutions with your advisor further.
Happy New Year!