Easy-To-Keep New Year Financial Resolutions

I Will Understand What  I Want From Life The idea here is to try and understand your needs by identifying what motivates you. This may require a fair bit of introspection. Once you have identified your motivation, it will be easier to link it to your financial behaviour. For instance, instead of telling yourself that you need to set a budget, ask yourself why you want to do it. Is it because you want to pay your bills on time and not run out of money at the end of every month? Or is it because you want to save more? Another example could be understanding why you want to save. Often, we end up saving randomly without having a goal in mind. Is it to fund the next holiday or our retirement or children’s higher education? Once you have this answer, you will know how much we can save and for how long. I Will Identify And Tame My Psychological Biases Behavioural biases can affect...