My Smart Retirement

Do you have your 2022 goals and resolutions ready? Even if you can’t keep up with all of these throughout the year, try revisiting them and see how you can implement them within your life and financial plan.   Reduce Your Debt – This one is different for everyone. Whether you have student loan debt, consumer debt, or another type of debt it’s always a good idea to pay down debt.  Increase Your Savings – Once debt is out of the way this is much easier and can be done in a variety of ways. You’ll need both emergency and long-term savings. You can also save more in your retirement accounts.  Prepare for the Unexpected – If 2020 and 2021 taught us anything, prepare for the unexpected. Do you have a strong emergency savings?  Establish a Spending Program – Not everyone likes the word budget. So, let’s call it a spending program instead. What are your spending goals for different parts of your life?  Check Your Spending – Try to do this once or twice a year. Assess where your money is going and whether it aligns wi