Money Resolutions For The New Year

According to Statista, the most popular new years resolutions are to exercise more and eat healthier. Those are great, but I encourage you to not leave out your finances this year. Here are a few suggestions to get you started.

For starters, now is a great time to fortify your financial security. 3 in 5 people expect to experience a financial loss from identity theft this year, according to research by the American Institute of CPAs. Have you embraced password management software or a fraud monitoring service?

Another resolution might include your estate planning. Maybe you need to get started with a will. Perhaps it’s now time to establish a trust. Perhaps it’s time to share your estate plans with your loved ones. No matter the decision, it’s important to talk with an estate attorney. Be sure to ask me if you need a recommendation.

Many of our clients are charitably inclined and this factors into their resolutions. Sometimes this means setting a new philanthropic goal or a donor-advised fund. For others, this means spending more time giving back to the community. Either way, you’re making an impact today and inspiring future generations as well.

Last but not least, we see a number of resolutions as it relates to investing. This is a great time to make certain your portfolio aligns with your values, beliefs, and issues that matter most to you. This is certainly an area where we can help.

These are just a few quick ideas for setting new year’s resolutions around money. Remember, it’s never too late to make positive changes in your financial life. With some careful planning and the right team of advisors, you can set yourself up for a financially successful year.

If you would like to speak with one of our advisors, call us at (602) 343-9301 or click here to schedule a call.

This content is provided for informational purposes only. It is not a guarantee of future success, is subject to change, and is not intended to serve as the basis for an individual’s financial decisions. All investments are subject to risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. Strategy Financial Group does not provide specific legal or tax advice. Please consult with a qualified professional for guidance on your individual situation. Investment advice is offered through Strategy Financial Services, LLC, a registered investment adviser. Insurance and annuity products are offered separately through Strategy Financial Insurance, LLC.