Roughly 45 percent of Americans make New Year’s resolutions each January, with many of their pledges being financial in nature.
In recognition of this, the personal finance social network WalletHub announced its 15 financial resolutions for 2015 in order to help progress-minded people improve their money management in the New Year.
The fiscal resolutions below are based in part on conversations with a panel of leading finance and consumer psychology experts. 1. Get reacquainted with your finances 2. Make a budget 3. Implement the island approach 4. Automate as much as possible 5. Build an emergency fund 6. Get out of debt 7. Improve your credit score 8. Save more for retirement 9. Give back to charity10. Do your taxes early11. Set a good financial example12. Fight fraud13. Exercise14. Help other consumers15. Stress test your finances.
For the full report, including a complete Q&A with those experts and tips for bringing your resolutions to fruition, go to: wallethub.com/blog/financial-new-years-resolutions/9202/.