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5 simple money resolutions I make every year that help me earn more, spend less, and build wealth

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          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
Instead of making annual resolutions, she spends one month focusing on her finances to set herself up for a strong year.
The article from MSN Money outlines five simple financial resolutions that the author commits to annually to enhance wealth building, increase earnings, and reduce spending. These include: 1) Automating Savings - Setting up automatic transfers to savings accounts to ensure consistent saving without the need for constant decision-making. 2) Investing in Retirement - Regularly contributing to retirement accounts like a 401(k) or IRA, taking advantage of compound interest over time. 3) Learning New Skills - Continuously educating oneself to stay competitive in the job market, potentially leading to higher income. 4) Tracking Expenses - Keeping a close eye on where money goes to cut unnecessary expenses and understand spending habits better. 5) Reviewing and Adjusting Financial Plans - Annually reviewing financial goals, investments, and insurance to adapt to life changes or economic shifts. These practices are designed to foster financial discipline, growth, and security.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/other/5-simple-money-resolutions-i-make-every-year-that-help-me-earn-more-spend-less-and-build-wealth/ar-AA1wLB9s ]