Every year, many of us consider New Year’s resolutions. And this is not a bad practice. It is a good idea to sit down, consider the past year, look ahead to the new year, and try to be better. I make financial New Year’s resolutions every year. Here’s what I hope to accomplish in terms of personal finance in 2009:
- Rebuild the emergency fund to $1,000.
- Save up four months’ worth of expenses.
- Finish saving up to put in a yard.
- Refinance the home with a lower rate, 15 or 20 year fixed mortgage.
Another thing I’d like to do, but don’t put up there as an especially important priority, is to start taking the necessary classes to become a certified financial planner. But we’ll see how that goes. Getting my house in order is my first priority.
Do you make financial New Year’s resolutions? If so, what are they? Leave a comment and let us all know.