To help those aiming to stack up their savings and better manage their spending, Gary Hemming, the CEO of ABC Finance, shared the top seven resolutions to help you manage your financial resolutions for the year and so forth.
Here’s how to make 2024 the year of the money bags.
The majority of Americans planned financial resolutions for the new year with the top three being to save more money (41%), pay down debt (38%) and spend less (30%), according to Fidelity’s 2024 Financial Resolutions survey.
This comes as Gen Z and millennials are losing sleep from financial stress, and millions of workers are nearing retirement age with no money in their savings.
But, hey — new year, new financial strategy.
“It’s normal to feel anxious when approaching financial matters, especially given the current economic climate. However, remember that every small step counts,” Gary Hemming, the CEO of ABC Finance, told The Post.
“You don’t have to conquer everything at once.”
To help Post readers aiming to stack up their savings and better manage their spending, Hemming, shared the top seven resolutions to help you manage your financial resolutions for the year and moving forward. 1. Embrace the savings culture
“Consider saving as a cornerstone of financial stability,” he said.
Hemming suggests beginning with whatever seems feasible — even if it’s only $10 a week — noting that even small sums will build up over time.
“It’s not about drastic cutbacks but about creating a buffer for unforeseen circumstances,” the financial expert said. 2. Separate wants vs.
