We all know that the New Year brings thoughts about it being a fresh start and what you would like to do differently this year. These thoughts frequently become New Year’s Resolutions, which we also know are frequently broken or forgotten very quickly.
Nonetheless, here are some resolutions which may be useful to make life smoother and easier in 2011 and beyond.
1. Some statistics indicate that only 1 out of 5 people approve of the job Congress is doing. Looking deeper we find that, strangely enough, although most people disapprove of Congress, they consider their own Congressman an exception. No wonder so many keep getting re-elected. Resolution: Find out what your state and federal representatives are doing.
2. Diets don’t work, at least not usually, and not in the long term. The word “diet” brings thoughts about restricting your food intake into your mind, which results in constantly thinking about eating – not a good formula for success. However, eating healthy and moderate exercise can make huge differences in how you look and feel. Resolution: Read labels at the grocery store, eat healthy and get at least moderate amounts of exercise.
3. Resolution: Stay away from payday type loan lenders as much as possible. Here is more information on these lenders.
4. Budgets help avoid having to visit people in the line above. Resolution: Make a budget and stick to it. For help with a budget, go here.
5. Don’t let your personal information be accessible to strangers. Resolution: Guard your identity and personal information.
6. Paper work multiplies when you’re not looking. Haven’t you noticed your desk or table has more stuff on it in the morning than the previous night? Resolution: Join UKFCU and sign up for e-statements. Here is our online membership application.
7. Start a regular savings plan.
8. Review your retirement plan. If you don’t have one, start one. For more information or for a free consultation, contact us at (859) 264-4806.
9. If an offer sounds too good to be true, it usually is. Walk away.
10. When contemplating purchasing an item, differentiate between ‘wants’ and ‘needs’.