If you’re like us, this final week of January is a time where you’re back in the swing of work after some Christmas/New Year downtime.
With kids going back to school next week, it’s also a good time to catch up on life admin: to reflect and ensure you’re feeling financially under control for the remaining 11 months of the year.
With that in mind, here are four financial resolutions that will set you up nicely, not just for 2021, but well beyond!
1. Decide what you want to achieve
Start by paying off debt or commence a savings plan for a new car or family holiday. The main thing is to make a decision, and resolve to stick to it.
2. Set a realistic household budget
This will provide an understanding of your finances and identify areas of unnecessary spending, assisting you to balance your income and expenses, clear debt and allocate money to other financial goals.
3. Tidy up your filing cabinet
Financial records should be kept for five years. Any filing system you implement should be quickly and easily maintained so you’re motivated to keep your records in order.
4. Review your paperwork
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