The Ten Best Personal Finance Resolutions for 2019

It is wise, from time to time, to stop and evaluate our lives as we seek to make the most of them.The start of a new year provides a natural opportunity to look back and offers an extra push toward new adjustments going forward. That's why New Year's resolutions are so popular. If you are looking for some changes in your financial circumstances, here are the ten best personal finance resolutions to consider. Choose just one or two to accomplish in 2019 and you'll be surprised at the difference in your life: The Ten Best Personal Finance Resolutions for 2019. Save $1,000. Less than 40% of Americans have one thousand dollars in savings, but almost every successful financial wellness plan available today includes the creation of a $1,000 Emergency Fund. Finding that much money overnight might be difficult. But if you can find $83/month to put away, you’ll complete this resolution by the end of the year... and be in better financial position than 60% of the country! Make one extra payment (over the course of the year) on your mortgage. One extra monthly payment per year on your mortgage shortens the length of your loan by 4-5 years. You can spread this out over the course of the year or plan now to direct an expected windfall toward it (tax refund, year-end bonus, etc.). Put money into retirement (any amount). Your year of retirement is now one year closer. That is true for every single one of us. But 78 percent of Americans, say they are extremely or somewhat concerned about not having enough money for retirement. There is only one way to change that—start saving. Even if it's just a little. If you haven't saved anything yet, find out this year how to open an account, put some money in, and begin directing a percentage toward it each month.