Weekend Reads for Your Financial Life: Money Goals


How to set and keep money goals

Welcome to 2022!


The new year is well underway, so if you made a new year's resolution or decided to start a new habit, you probably know by now whether you’re going to stick to it. ;-) Whatever your motivation, bad habits can be hard to break, and new ones can be hard to keep.


There’s no better time than now to do something, though. That's why this edition includes ideas for new habits you can start to move your financial life forward, from saving and investing more to getting your spending under control.


It's also why I’m excited to announce my new website, which includes a blog I'm calling Focus on Your Financial Life. I plan to get in the habit of posting commonsense tips for better managing your money and finances, with topics around budgeting, saving, investing, taxes, retirement and money hacks. I hope you’ll take a look as launching it was one of my big goals this year!


Finally, because there’s a lot going on in the headlines with market volatility right now, I included something about that, too.


Thanks for reading, and have a great weekend!


7 Ways to Save More in 2022 (Focus on Your Financial Life blog)

Maybe you got a bonus or a raise, have a tax refund coming, or paid off some debt. Read this for ideas on how to boost your savings this year. Bonus tip: one of the easiest things to do is bump up your 401(k) or employer plan contribution by 2-3%, assuming you’re lucky enough to have one. Your paycheck will hardly notice. ;-)


Curb Emotional Spending with These 6 Mindful Money Tips (Mint.com blog)

Have you ever found yourself browsing online or wandering through a store to buy something and spark a little joy? (Yes, I’m raising my hand here.) If it happens more often than you’d like to admit, you might be an emotional spender. Take the quiz to find out and learn some tips to overcome the emotions that can cause it to happen.


The 8 Best Budget Apps for 2022 (Nerd Wallet)

“I love budgeting!” said nobody, like, ever. However, it’s oh so necessary if you want to improve your money situation. I encourage my clients to do so by utilizing our planning software’s budgeting module, but there are plenty of other apps that allow you to connect your bank and credit card accounts and make budgeting (sorta) fun.


What is Smart Investing? 10 Ways to Do It (Forbes)

Investing for your future is a worthwhile goal that should be managed according to where you are on your life journey. Whether you’re just starting out, are established in your career, or find yourself dreaming about retirement (or least slowing down!), these investing tips continue to ring true.


What’s Going on with the Recent Market Volatility? (Focus on Your Financial Life blog)

There’s a lot going on in headlines right now, including about inflation, the supercharged midterm elections, and the Ukraine-Russia border situation. While we may be used to a bull market, here’s a piece on what we might expect, and what’s happened in the past during times of market volatility.


If you’ve been meaning to seek advice about your financial life or want a quick review of your investment portfolio, book a free 20-minute phone call with me to learn about your options.


If you know someone who could use my help, please share this blog with them!



Disclosures

No investment strategy assures success or protects against loss. Investing involves risk, including the loss of principal.