3 Ways a Financial Planner Can Help With New Year's Resolutions

Now that it’s February, many people are facing the test on whether or not they were able to stick with the new year’s resolutions they set for themselves back in January. We know firsthand that financial goals and savings plans can be complex to navigate, which is why we want to talk about three different ways financial planners can help you stick to your new year’s resolutions. 

Dedicating Time to Create New Plans

Studies show that about 80% of new year's resolutions will not last past 6 weeks.

If you started your goals in January and are feeling a lull, it would be a great idea to set aside time for yourself or with your significant other to discuss goals for the year.

A helpful tip during this discussion is to keep it open to all goals, not just financial. This way, you are able to get the full picture and end back on the financial aspect.

Find New Ways to Save Automatically

Often when we are talking to our clients about their savings goals, a common question is: "How can I make this automatic?"

A helpful tip to having things automatically set into your savings is to make sure you do it into your 401k through work or setting up those automatic transfers to savings that correspond to your paycheck. 

These saving tips are guaranteed ways to save money without even thinking about it each time it is transferred.

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Help Create Goals that Serve Your Lifestyle

When continuing with your new year's resolutions it is important that they are rooted in something that will benefit our lifestyle with you or your family, and not centered around a popular fad or passing feeling.

Some resolutions can end up creating a large beneficial impact on your finances if they are kept constant and consistent.

Looking for some help with your finances? Contact us to get started on the path to your financial freedom.

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With AO Wealth, we want to make sure you have someone who can help you help yourself to stay accountable and consistent. Our online portal allows you to see your goal in progress and where your finances are at your stage. Money and spending can sometimes feel like it's hard to visualize and manage, so this is a great tool to let you remember your goals, where you started, and where you are headed. 

Advisory services are offered through A.O. Wealth Advisory, LLC, a registered investment adviser.