All financial planners want you to learn two main things: how to cut your spending without making your life miserable and increase your savings. Sounds easy, but, as you know, it is hard to get rid of some money habits that keep your wallet empty. Even financial pros struggled with their finances at some point in their lives.
If you want to reach your financial goals this year, you should definitely take advantage of these pieces of advice:
“I will commit to weekly money meetings with my wife”
When you share finances with a partner, your financial success depends on both of you agreeing on priorities. One way to make sure you and your partner stay on the same page is to have weekly meetings.
“I’m as guilty as anyone for letting my personal life goals get in the way of ‘money meetings’ between myself and my wife. That has to change this year,” says Andy Garrison, MBA, CFP®, a senior wealth advisor at Mariner Wealth Advisors.
“We’ve made an agreement together to sit down every Sunday evening, after putting our daughter to bed, and go through the previous week’s finances and look at what financial hurdles lay ahead in the week to come,” he says.