Financial New Year’s Resolutions: How Couples Can Succeed
A staggering 43% of couples who make financial resolutions give up by the end of January. However, setting clear goals can help you and your partner achieve financial stability.
Research shows that even high-income households struggle with debt, with one in three top-10% earners owing credit-card debt. To avoid this common challenge, follow these steps:
1. Set Realistic Goals: Define specific, measurable objectives for saving, spending, and paying off debt.
2. Create a Shared Vision: Make financial decisions together as a team to build trust and accountability.
3. Automate Savings: Set up automatic transfers from your checking account to your savings or investment accounts.
4. Track Progress Together: Regularly review your financial progress and adjust your strategy as needed.
By following these steps, you can make saving easier, spending harder, and teamwork second nature.
Source: https://www.marketwatch.com/story/take-these-steps-to-set-financial-goals-for-your-family-in-2025-and-reach-them-725fd8ba