Making Financial Resolutions for the New Year 

Every year we try to learn from past mistakes and make the upcoming year a better one. But where to start and what to do to make 2011 better financially may be confusing for you. Here are some ideas.How? Think it through- 1.) set reasonable expectations, that typically means LOWER them. You won’t take ALL your money and save it. You could set yourself up to fail if you aren’t reasonable. 2.) expect obstacles and setbacks. What if many of your friends are going away for a winter vacation and you are trying to pay off credit card bills. You want to go, there’s room on the card for more spending…But you could just say no. If you splurge on dinner out instead, that’s what happens. 3.) plan treats and 4.) let others know that you are doing things even smarter this year. What are some good resolutions?- 1.) save more and spend less. 2.) don’t add to credit card debt. 3.) get some advice. Think through the specifics of how much are you going to save. Make it reasonable. Who will you seek advice from? When will you really do this? Marion R. Syversen, MBA – [email protected]com Check out our website that includes weekly streaming Voted Bangor’s Best Financial Planning Firm 2008, 2009 & 2010 by Market Surveys of AmericaIn compliance with requirements from FINRA, all e-mail sent via the WSFG domain will be subject to review and archiving by Wall Street Financial Group, Inc. Email management, archiving & monitoring technology powered by Smarsh, Inc. Disclosure:Only securities and advisory services offered through Wall Street Financial Group, Inc. Registered Investment Advisor. Member FINRA/SIPC. Wall Street Financial Group, Inc. and Norumbega Financial are separate entities, independently owned and operated.