TOP 20 FINANCIAL TIPS TO GET AHEAD IN THE NEW YEAR

• Take the time to research, know and understand your finances
• Get paid what you are worth and spend less than you earn (research the average wage for what you do)
• Establish a budget and stick to it
• Establish a plan to reduce your credit card debit
• Establish a retirement plan and contribute a little extra each month
• Establish a savings plan
• Invest your money in different ways
• Take the time to research if you are getting the best deals on utilities, insurance policies, interest rates, etc.
• Establish or update your Will
• Shop around and price match on big expense item purchases
• Keep good financial records
• Apply the 72-hour rule on impulse spending items
• Know your income versus expenses
• Establish realistic financial goals
• Have a $1000 back up cash emergency fund
• Consolidate large debt items
• Know your net worth (If you sold everything you own and paid everything that you owe)
• Be open in your financial communications with your partner
• Know your financial risk tolerance levels (How would you feel in there was a drop in the market or interest rates increased?)
• Invest in you to be fit and healthy