Top Financial Resolutions

Updated 12 months ago

New year brings resolutions to be better with our money. And here are some of the top resolutions Fidelity investments found in a recent survey.#1- Save more- 46% of respondents in a growing trend, according to Fidelity, are want to double their annual saving from last year’s goal of $1,200 to $2,400. Breaking that down that is $200 a month. Increasing how much they save is a top priority in the survey. Retirement saving is the savings priority of 62% of the respondents, whether through a work plan or their own IRA.#2 – Spend less. This remains a top resolution for those surveyed year after year.#3- Pay off debt jumped to third place on the priority list of resolution. Last year paying off debt was in the number 7 position but increased concerns of a unstable economy has folks ‘putting their financial houses in order,’ according to the survey. The previous #3 resolution was to make a budget.I want you to know what others are doing so you can see where you stand with peers. If you think that yours is the only family not as strong in financial savvy as your friends or neighbors, you could feel isolated and defeated. When what you need is the vision to make great changes for your financial health. Citations: Marion R. Syversen, MBA – PresidentNorumbegaFinancial207.862.2952Marion@NorumbegaFinancial.com Check out our website that includes weekly streaming videosWWW.NorumbegaFinancial.com Vote Norumbega Financial for Bangor’s Best Financial Planning Firm at Market Surveys of America In 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., Norumbega Financial and all other entities listed herein are separate entities, independently owned and operated.


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