CNNFN writes article about 5 money resolutions to make in 2016:
by Kathryn Vasel @KathrynVasel December 17, 2015: 9:05 AM ET
new years money resolutions
With a new year comes a fresh opportunity to get your finances in order.
And thanks to Wall Street’s wild ride in 2015, more Americans plan to
make financial resolutions, according to a recent Fidelity survey.
While the top two resolutions of “save more” and “spend less” seem
pretty straight forward, they’re easier said than done.
“Give yourself a chance to succeed by making sure the goals are
meaningful, specific and actionable,” said Neil Krishnaswamy, a
certified financial planner at Exencial Wealth Advisors in Texas. “And
set deadlines.”
Here are more money moves experts recommend adding to your resolution
list:
1. Pay off debt
With the Federal Reserve raising interest rates for the first time in
nearly a decade, 2016 is the year to commit to reducing consumer
debt.
Many credit card interest rates are variable, which means the annual
percentage rate (APR) will likely rise as the central bank continues to
raise rates.
CNNFN Article Source Here.