Christmas is just a week away, meaning that the new year isn’t far behind. With many people seeing this transition as a chance for a new start, finance is something that people start thinking about overhauling as a resolution for the coming year.
Whether it’s to invest more into a pension pot, look at investments as a whole, or simply put some form of financial management in place, making a resolution to get on top of your financial situation is always a good idea; even if you have some idea of where you are financially, it never hurts to review what you have in place to see if there are any improvements that you could make.
Determine Your Current Situation
The first step that you should take – regardless of what your financial resolutions may be – is to determine what your current financial situation is.
This means looking at the financial aspects of your life and figuring out what this means for you with regards to where your money is going. Savings, income, living expenses, pensions, any debts that you may be dealing with and investments must be considered to be able to effectively set yourself goals and make a difference in 2017.
Setting Yourself Goals
Once you have determined where you are financially, you can start looking at areas that you want to improve on for 2017.
As with all financial goals, it is important to make sure that they are achievable and measurable. You need to be sure that you can identify that you are working towards a particular goal, and also know when you have actively achieved it, too.
With the help of a financial adviser, you can talk through what you want to achieve with your money, enabling them to work alongside you to put some form of financial plan in place and help you accomplish any goals that you may want to set yourself with regards to your money.
Here at Burton & Fisher, we specialise in helping you manage your money in a way which is manageable and easy to understand. If you are looking for a financial solution that works for you, please don’t hesitate to contact us in the new year!
Our offices close at 2pm on Friday, December 23rd and reopen again on Tuesday, January 3rd, 2017, so be sure to give us a call when we are open to organise a meeting with one of our experts and get your new year’s financial resolutions on track!