Implementing new financial practices at the beginning of the year is a great idea in theory. In practice, trying to overhaul your finances all at once might be too much. You don’t want to attack your finances with vigor on January 1 and then wear yourself out by January 10. Instead, you want to slowly but surely make a long-term plan you can actually stick to.
Here are 12 financial goals to focus on in 2018—one for every month of the year. You don’t actually have to do one in January, one in February, and so on. The point is, these are 12 crucial financial goals that deserve your attention in 2018. You don’t need to get to them all in the first week, but if you get to all the applicable goals by the end of 2018, you will have made great strides in your financial life.
Set a personal savings goal for the year
Don’t just pick an ambiguous number. Look at how much you’re making, what your expenses are, and determine how much you could realistically save each month.