The start of a new year is always a great time to make changes in your life. It is a good time to look back at your financial decisions and see which things are going well and which aren’t necessarily as good.
If you want to ensure the year 2014 is going to be a financial success you should make the following five financial resolutions.
1. Get Rid Of Debt
If there is one thing that you should do next year that is to pay off all of your debt because it is the one thing that tends to drag you down. Getting rid of debt can truly transform your financial situation.
It might not seem easy to get to a debt-free situation but it is possible. All you need to do is plan well and ensure you focus on one debt at a time.
If you feel like you don’t know what to do then ask for help from some free financial advisors.
2. Use Tools To Get Organised
It is also a good idea to start using some clever financial tools that can help you stay organised. Planning your budget and then following it will be much easier when you have something better than just a paper and pencil at hand.
For example you might want to try a good financial app on your smartphone. There are some very good examples the best budgeting apps around at the Tom’s Guide article on this subject.
3. Set A Saving Target
Many people start saving money without really thinking about what they will do with it. Although it is a good idea to have an emergency saving account for any possible unfortunate occurrence in life, you can achieve much more with your savings if you have a goal.
It can be a long-term goal like a retirement fund or just a short-term goal like going to a trip at the end of the year. As long as you have a goal you are more likely to achieve the target faster than you thought.
4. Get Rid Of Long Nights Doing Paperwork
You should also start looking after yourself more in 2014. It is important to get your priorities in life straight and realise that there is more to life than making lots of money. You want to spend time with your family and friends and enjoy the fruits of your labour.
The best way to do this is to stop spending all of your ‘free-time’ doing paperwork such as accounting and payroll. There are so many good cost-effective accounting services out there to ensure you have time to enjoy life as well. For example, take a look at the cheap accounting services at Friendly-Accountants.
5. Do Some Charity
Giving something for the people in need is something that is going to transform your whole life. It is important that everyone that is capable takes care of the ones that aren’t as fortunate. In 2014 you should try to find ways to do some charity work and give back to your local community, for instance.
Remember that charity work isn’t just about giving donations. You can give a few hours of your time each month by helping at your local charity organisation. You will never look at your finances the same way and will enjoy a nice rewarding feeling for your work.
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