January is almost over…does that mean it’s too late to say “Happy New Year”? I am going to go with no…because it’s not February yet. So, Happy New Year!
Whether we are ready or not, 2023 is here. And that means that people are making resolutions or goals for the twelve months ahead. Do you set new year’s resolutions or goals? It turns out about 40% of Americans make resolutions at the start of a new year. And one of the most common areas people resolve to change is their finances. According to Market Watch, 53% of people who made new year’s resolutions for 2023 made financial resolutions.
If you are feeling ready to get on top of your finances, eliminate your financial stress, and reach your financial goals, the new year may be the fresh start you are looking for to get the ball rolling. But it can be tricky to know exactly where to start. And where you start is important. It can have an impact on where you finish and if you are successful. If you are refocusing your budget in 2023, but don’t know where to start, read on!
Know Your Numbers
Often, when I help people get a spending plan set up, they want to jump right in and start estimating what they spend or what they think they “should” spend in various categories. While this can feel productive and makes you feel like you are off to a good start, these numbers are often just guesses. This leaves a lot of room for unknown