A month has passed since the holidays, and the credit card bills may have started to arrive. No one likes to be in debt, and rightly so, paying off debt is a big part of any financial strategy. But, it’s all about balance. Setting aside savings for both short-term financial shocks and long-term financial goals and retirement should also be on your radar.
Studies show that most people have abandoned their new year’s resolutions by the end of January. Again, it’s all about balance. Whether you resolved to eat better, exercise more, or to get a handle on your debt, it’s hard to succeed unless you focus on the reason behind the resolution. Saving more money and paying off debt will be more difficult if you don’t focus on the reasons to do it: for example, retiring early, going on a vacation, buying a house, protecting your family. There are many reasons to resolve to do better with money—I can give you the tools for the how, if you know the why.
Let’s discuss your 2019 goals, review your plan together and make sure your resolutions are thriving.
Please feel free to share these articles with your family and friends. They are excellent conversation starters.
This week’s articles are the following:
- Article 1: A little too merry with holiday credit card spending? Adopt a debt-payoff strategy.
- Article 2: 'Bear Market' Is an Arbitrary Label, but Using It Can Hurt
- Article 3: Failed your resolution already? Here’s how to make change that lasts.
- Article 4: 11 Tips To Be A More Successful Investor Now
- Article 5: The Big (Nonfinancial) Risks Keeping Investors Awake at Night
- Article 6: 12 Financial Tasks for the 12 Months of 2019
This is Matthew Greiner.
We are going to close out with a quote from the Warren Buffett, he said,
“Someone is sitting in the shade today because someone planted a tree a long time ago.”
Wise words on time and long-term investing.
From all of us here at the Greiner Group
“Have a good weekend!”