Good morning Dinks and Happy Friday. We have a whole bunch of great posts for you today that are filled with New Year’s resolutions such as paying off your mortgage, buying a new car and giving to charity.

What is your New Year’s goal?

I find that two weeks is usually the amount of time it takes people to adjust to something and decide if they are going to stick with it – so are you sticking to your New Year’s resolutions?

Goals are one of my favourite things because I like having something to look forward to.  I plan my year in January because I like to know what’s coming.  Sometimes I pick up smaller goals throughout the year as I have new ideas or discover new things (usually vacations), but for the most part I know where I’m going and what I’m working towards at the beginning of each year.

See how our personal finance friends are setting goals for the New Year:

Enemy of Debt  – My New Decade Resolution: Paying Off My Mortgage Early

Budgets are Sexy – All The Money I’ve Earned (and Spent) In My Lifetime

Gen Y Planning – The Dramatic Adventure of My New Car Purchase

Broke Millennial – Charitable Giving on a Tight Budget

Young Adult Money – 5 Do It Yourself Goals for Homeowners in the New Year

Photo by AmandaHatfield

This entry was posted in Weekly Recap by Kristina Tahnyak. Bookmark the permalink.

Avatar photo About Kristina Tahnyak

Tahnya is a Certified Financial Planner and former Investment Advisor turned marketing and communications professional She holds a degree from Concordia University, is debt free and currently works in the field of digital marketing.

MANAGE YOUR MONEY TOGETHER

Here are some simple guidelines for DINKS to build wealth:

1) Collaborate: Meet regularly to talk about money, set goals together, track and monitor them.

2) Understand and respect your partner. Take time to understand your partners values about money.

3) Watch the numbers. Get a budget, monitor your spending and track your net worth.

4) Max your retirement. Maximize contributions to your tax deferred retirement accounts.

5) Invest in stock. Stocks perform better than bonds or cash.

6) Avoid high interest debt. Credit cards and title loans are financial cancer.

7) Diversify. Don't put all your eggs in one basket.

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