Achieving Your Financial Objectives Before 2024 Ends
December 1, 2024 - 23:26
Coming up with a New Year's resolution to get your finances in order isn't a bad idea, but it would be wasting valuable time to wait that long. While 2024 is coming to a close, it doesn't mean it's too late to take charge of your financial future. Money expert Michela Allocca emphasizes the importance of starting now to set achievable financial goals.
Allocca suggests that individuals should first assess their current financial situation, including income, expenses, debts, and savings. This evaluation provides a clear picture of where you stand and helps identify areas for improvement. Next, setting specific, measurable, achievable, relevant, and time-bound (SMART) goals can significantly enhance your chances of success.
Allocca also highlights the importance of creating a budget that aligns with these goals, ensuring that every dollar is allocated wisely. Additionally, she recommends building an emergency fund to provide a financial cushion in unexpected situations. By taking proactive steps today, individuals can pave the way for a more secure financial future before the year concludes.
MORE NEWS
August 25, 2026 - 04:55
Health insurers are dropping Medicare Advantage plans — and nearly 3 million older Americans will be affectedNearly three million seniors and disabled Americans will need to switch health plans next year as insurers continue to pull back from the Medicare Advantage market. That is roughly one in every ten...
August 24, 2026 - 05:09
A ‘democratised’ financial crisis is still a crisisThe rapid growth of private credit has been hailed as a democratisation of finance, opening doors for everyday investors to access yields once reserved for big institutions. But a closer look at...
August 23, 2026 - 17:35
California Joins 30 States to Require Financial Literacy Courses in Every High SchoolStarting next school year, every California high school student will need to pass a personal finance course before they can earn a diploma. The move puts the state in line with more than 30 others...
August 23, 2026 - 04:14
The trillion dollar opportunity Australia has bungled for taxpayers – but is it too late?Norway`s sovereign wealth fund has become the gold standard for managing national resources, and the contrast with Australia is now impossible to ignore. While Norway banked its oil and gas...