
Most resolutions revolve around health and exercise. Although that frequently means losing weight, one area you want to fatten up is your money supply. Here are some simple resolutions for adding healthy heft to your overall financial health.
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Save 10%. Put aside 10% of your income for long-term investments and retirement savings before paying any bills.
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Track your expenses. Record every dollar you spend for at least one week. You’ll get a more clear idea of where the money goes and which items you can cut back on.
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Energize your house. Look for ways to make your house more energy efficient. You’ll save on heating and cooling costs and you'll also help the environment.
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Stay home. Resist the temptation to eat out; cook more meals at home. Instead of going to the movies, stream a video, read a book or a play a game with your family.
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Don’t rely on credit cards. Credit card debt can eat up your savings and chip away at your future. Start reducing your debt, and don’t buy anything on credit if you don’t have enough money to pay the bill promptly.
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