At the beginning of this new year, you certainly have a number of resolutions in life. In general, almost everyone will make a number of improvements that can take their lives in a far better direction than before. This is the purpose of a resolution, so it is not surprising if you also do the same thing in life at the beginning of this year. Among a number of resolutions that are most often made, finance is no less important. Whatever your financial condition in the past year, surely you still want a much better condition this year. A financial resolution will help to be easier and more efficient in managing finances so that financial conditions will be much better than in previous years.
Not only that, but this can also help to be able to more easily achieve various financial goals that you have set this year. You can apply various new rules that are considered appropriate so that all your financial goals can be achieved properly. Then, are you ready to make a resolution in finance now? Start the current financial resolution by listening to some financial resolutions that must be implemented this year in finance:
1. Arrange and Run a Financial Budget
The first step that must be taken to initiate financial resolution is to prepare a financial budget. You can create a new budget or even just improve the budget that was used before. Don’t overdo it, make a budget that makes sense, where income and expenditure are balanced and can support your life effectively. But beyond all that, running it also would be no less important. You surely understand that no matter how good your budget is, it will not be useful if you have never done it well in life. For that, start discipline in running the financial budget that has been prepared, so that your financial resolution can indeed have a positive impact on finance itself.
2. Increase Savings Value
If so far you have been accustomed to saving and setting aside some income in the savings account, then this one resolution will not be difficult for you to run. Try to increase the value of your monthly savings, so that the amount of savings becomes larger than before. If you have only set aside 10% of your total income, then start increasing it to 15% per month. This will greatly help finance become better and more stable in the future. You can have a sizeable amount of savings/reserve funds, so that finances become safer.