With January in the rear window, it isn’t too late to look at your finances and set goals for 2023. There's no better time to take stock of your financial situation than now. So, how do you start? Here are five goals that may help.
- Get a financial check-up. This step is essential so you know where you stand. Add up your assets and subtract your liabilities. The result will show whether you're in the green (positive) or red (negative). Knowing the answer can help you plan your next year’s savings and spending.
- Create a spending plan. Itemize your monthly expenses and include your essential and non-essential items. Determine if you want to make it a priority to save money or eliminate debt.
- Conduct monthly financial meetings. Like you would as an employee, having monthly meetings with family members makes sense, especially regarding finances. If you have ...
