New year's resolutions surrounding money are worth making, even if you are the type to avoid this somewhat teeth-grinding tradition. As the current economic situation seems set to continue on its path for some time, making the most of every penny we spend is a more crucial habit to develop than ever. If you are looking to improve your money management skills as your main New Year's resolution, one of our favorite blogs, Get Rich Slowly, outlines a very detailed and practical plan for making this resolution stick. This great financial empowerment blog outlines each step necessary for making your New Year's resolutions in the area of personal finance stick. By taking your cash resolutions step-by-step, soon you will find these goals blossoming into a better money reality for 2010.
Here are the ten easy steps to gaining financial empowerment fromthe Get Rich Slowly blog:
Step #1: Track every penny you spend
Step #2: Develop a budget
Step #3: Review your accounts (and ask for discounts)
Step #4: Optimize your accounts
Step #5: Start an emergency fund
Step #6: Get out of debt
Step #7: Fund your retirement
Step #8: Automate your finances
Step #9: Earn extra money
Step #10: Educate yourself
For amazing details and links to resources that will help you execute your 2010 money management plan, please read the entire finance blog post on Get Rich Slowly.
New Year's resolutions can be daunting, but this outline seems so simple and concise that anyone with the sincere desire to better manage their funds can do so this year. Will you be executing an improved personal finance plan for 2010?




Comments: (2)
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By: Money Saver on 1/16/2010 7:42AM
For money saving, money making tips and lots of FREEBIES, check out http://www.ManyMoneySavers.com
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By: mack on 2/04/2010 1:27AM
Great ways of managing money. According to me in today's world nothing is possible without money so management of money is very essential. We should stop wasting money on unwanted things,management of credit card properly and save money for your future by investing in good schemes after doing proper research. For more details refer http://www.prime-targeting.com/tips-on-how-to-manage-your-money/
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