🎆 How to make New Year’s financial resolutions that stick

Here’s how you can make money resolutions for 2024 that will improve your finances all year long.

Improving finances is a common resolution for the New Year. In 2023, 53% of Americans who set resolutions wanted to prioritize getting their finances in order. While that figure has dropped to 38% for 2024, it is still the second-most popular resolution after improving fitness.

Unfortunately, most resolutions are abandoned before February rolls around. In fact, studies have found that only 9% of Americans who make resolutions actually complete them.

Habit and productivity expert James Clear offers a solution to this common goal-setting problem. Instead of creating a measurable goal with a specific time frame, Clear recommends creating identity-based habits in order to meet your goals.

It almost makes you want to just resign yourself to bad money habits for life.

But rather than give up on the idea of self-improvement, why not change how you make your financial resolutions? Here are three ways to create New Year’s money resolutions that you can keep.

Read the complete Fast Company article BY EMILY GUY BIRKEN: https://www.fastcompany.com/91001007/how-to-make-new-years-financial-resolutions-that-stick