With 2014 right around the
corner, you're probably already thinking about those resolutions. Do you hit
the gym, start eating healthy, keep a better organized home, finally go on that
trip, stop eating out, or start growing a garden?
There are so many options and choices to make,
but it's important to not get overwhelmed and stay focused.
One of the best things you can do for your
future is to make good financial decisions. Here are a four resolutions you can
make right now to create a better financial outlook in 2014.
1. File your taxes early.
government shutdown of 2013 has delayed the tax season, which means it could
take longer for your refund check to come in. The sooner you file those taxes,
the sooner you'll get that check.
2. Open a Roth IRA and start putting in $1 per day, or $365 a year.
If you have an interest rate of 7% and put in
$365 a year, in 30 years you'll end up with $36,892 after having only put in a
total of $10,950 (calculate your savings at BankRate.com). Who says it's too
hard to save towards retirement?
Note: It's important to discuss the best type of savings account for your
situation with a financial advisor.
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