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New Year’s Resolutions: Your Guide to Getting Back on Track

January 22, 2019

1 min read

By February, 80% of people who made New Year’s resolutions have abandoned them. Why? Some people try to take on too much at once, or force a change that they’re not ready to make.

For many others, the issue is probably that change is really, really hard. And that’s especially true when it comes to making changes involving money—saving more of it, and spending less, are this year’s most popular resolutions.

New year, old you? Assess your New Year’s resolutions

Whether your resolution was to save more money, start investing, or get out of debt, you can take pride in the fact that you identified a financial weakness and set out to address it.

So, take stock. If you are working toward specific dollar figures (“I want to save up $1,000 in an emergency fund,” for example) check your account balances and see what progress you’ve made.

If you find that you’re failing to meet your new goal, it can be a blow to your confidence. But you can correct your course.

Here are three suggestions.

Getting back on track

New Year’s resolutions are baby steps in the right direction. Subscribe to the Stash newsletter for more tips, tricks, and insights that will help you stay on the path toward a brighter financial future.

By Sam Becker

Investment Profile

Bonds Worldwide

An International Bond ETF on Stash

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