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New Year’s financial resolutions

Now that we’ve reached 2024, you might be thinking about some New Year’s resolutions:

Here are a few to consider:

Try to contribute more to your IRA, 401(k) or other retirement account.

Think about ways to reduce debts.

Try to build an emergency fund containing several months’ worth of living expenses.

Avoid making emotional decisions, such as selling quality investments just because their price has dropped.

Review financial goals and estate plans, especially if you’ve experienced changes in your family situation.

You may not be able to tackle all these resolutions at one time, but if you can work at them throughout the year, you can potentially brighten your financial outlook in 2024 —and beyond.

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