2011 is now in full swing, so have you been sticking to your New Year’s resolutions? Haven’t gotten that far yet? Whether it’s eating healthier or adding to your savings this year, it’s not too late to start!
We asked Anita Eisthen, a CPA and Finance Expert on JustAnswer, if she had any finance-related resolutions or tips for the upcoming year. Check out a few of her insights below:
- If one of your resolutions is about dieting, why don’t you also change your grocery purchases and start saving? Use coupons, but only for items that you normally use or eat. Read the weekly flyers from grocery stores and buy the specials (if you would normally eat those items). Or, buy the larger quantity of food when it is on sale and freeze (if applicable, such as meat) until you want to eat it.
- Given the current economy, don’t count on a hefty social security check when you retire; know what you can do now to make sure you’re covered when you want to retire (e.g. 401(k) tips, IRAs).
- Play the Wall Street Game. Choose a stock and follow it as though you invested to learn about the market.
If you want to ask Anita or another finance Expert on JustAnswer about ways to save money or tips on investing, be sure to go to JustAnswer Finance: http://www.justanswer.com/finance/
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