AS THE END OF THE YEAR APPROACHES, many of us are reflecting on our financial well-being and the events that led us to our current financial status, and what we can do to get back on track.
Ushering in the new year, it's the perfect time to reflect on our financial well-being and chart a course for financial success. Financial resolutions are a common theme when the new year rolls around or when individuals decide to make a fresh start in their financial lives.
People often make resolutions to save more, spend less, invest wisely, or pay off debt.
While setting these goals is a positive step towards financial well-being, keeping financial resolutions can be incredibly challenging. It's not just a matter of making a promise to yourself; it requires dedication, discipline, and a strategic approach to follow through on these commitments.
Financial resolutions can serve as a road map for your financial journey that help you prioritise your spending, savings, and investments, ensuring that your money is working towards your goals.
We highlight seven of the top financial resolutions and get expert advice on how you can make them a reality.
1 Resolution: "In 2024, I will create and stick to a budget."
Budgeting is no easy feat, but one of the fundamental steps to achieving financial success is creating a viable budget.
"The secret to sticking to a budget is to be realistic. You will only set yourself up for failure if you create a list of impossible goals that don't allow for any kind of enjoyment. If you allocate a portion of your income for pleasure, as well as for possible unforeseen expenses, you'll give yourself the breathing room you need to enjoy your life and survive financial bumps, while still accomplishing your goals,' says James Williams, Head of Marketing at Wonga.
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
CREATIVE MINDS BEHIND THE CAMERA
A creative director, a filmmaker and a video director - three Ghanaian visionaries share their unique approach to fashion and visual storytelling
Body Odours You Shouldn't Ignore
A little whiff of sweat or muskiness may not be cause for concern, but some smells can signal a health concern that are worth taking a bit more seriously
THE MOST CONSISTENT IN THE GAME
K.O's greatest strength is his adaptability in the evolving music industry while staying true to his roots. From his days as a member of Teargas to solo hits like \"Caracara\" and \"Sete,\" he proves that he is always one step ahead
POWER & PASSION
Off the field and comfortable with SA rugby's MVPs, Eben Etzebeth and Cheslin Kolbe
GUNNING FOR GLORY!
BURNING UP THE GLOBAL STAGE, BLXCKIE HAS A THING OR TWO TO SHOW US ABOUT SUCCESS
Final Edition
From 2025, Jaguar will go fully electric. To say farewell to their internal combustion felines, our motoring editor Dieter Losskarn joined the megabrand in taking their latest F-Type sportscar on one last lap
WRITING THEIR NEXT CHAPTERS OF SUCCESS TOGETHER
The collaboration between Bisquit and Dubouché and Kwesta is kicking into gear with an initiative to drive a new wave of pioneering spirits
Exceeding all the Hype
Group managing director at Fairlawns Boutique Hotel and Spa, Michael Kewley injected charm and artistry into the space, elevating its status of luxury
Grand Cruiser
Our motoring editor Dieter Losskarn was pleasantly surprised by how much he liked the new Prado. In fact, it is one of the best SUV/4x4 vehicles he's driven in a long time. Here's why...
Why Does Everyone Have Big, Fake White Teeth Now?
Veneers were once a dirty secret. Now, they're a luxury status symbol and the famous and wealthy are flocking to Hollywood's favorite dentist in search of even more perfect smiles
