Setting goals is easy, but seeing them through is difficult. These tips will help make your 2020 financial resolutions stick:
by Fidelity Investments, 67% of Americans said they’re planning to make financial resolutions for 2020, with saving more and paying down debt topping the resolution chart.don’t even make it past the first monthWhatever your specific financial resolutions for 2020, you can increase the odds of keeping them if you build a strong foundation for success. A support group can be a big help for reaching any goal.
Fortunately, there are dozens of resources individuals can utilize to connect with other people who share similar financial goals. One of the easiest ways to do this is by joining Facebook groups centered on personal finance in general or a particular goal, such as paying off debt. “People have been encouraged to ask for raises, make changes to paying off their student loans, apply for different jobs after talking through their work environments, and people even say they contribute more to charity now from what they see in the group and newsletter because they see that their peers are contributing, and that’s exciting to me,” McElhaney says. “[The group] really is effective for a lot of people.
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