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Friday, December 30, 2005

Financial New Year's Resolutions At All Things Financial

It's the season for making New Year's Resolutions. In that spirit, JLP at All Things Financial has a round-up of New Year's suggestions from the Personal Finance Blogger community. There are posts from many of the "usual suspects (and a few new ones). Good suggestions one and all. They include:
  • Set up an emergency fund
  • Get out of debt - pay off those credit cards
  • Manage your 401-k
  • Set up an IRA
  • Set up a budget
  • Prepare personal financial statements
Good sound advice all. I'd also include
  • Review your life and disability insurance coverage
  • Determine goals for accumulating money for education, retirement, etc...
Click here for the whole thing. It's worth reading, and chock full of links to other bloggers' advice.


Patrick said...

I think everybody should make the plan to overcome the financial situation. If you want to be tension free, you have to make the plan at the beginning of the year about superiorpapers and close it with the end of the year. This is my assumption.

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