SOUTHFIELD, Mich. - Making a New Year's resolution is easy... but sticking to it can be tough. Michael Foguth, founder of Foguth Financial Group shares some tips for sticking to your financial goals in the new year.
1. Write it down. Having your resolution written down will allow you to see it and do it. Seeing it in the morning and before bed will help set a visual reminder for yourself.
2. Make mini goals. Establish attainable mini goals monthly to accomplish larger goals each quarter.
3. Set splurge days. Set splurge days if you're on track to hitting your financial resolution goal. Rewarding yourself once a month can give you the momentum to moving forward.
4. Utilize technology. There are numerous apps that can help you track your spending and savings. Use them to help attain your financial New Year's resolution.