Kiplinger

Time to Go on a Financial Diet? Get Your Finances in Great Shape in 2021

New Year, new you, right?  My friends have the same New Year’s resolutions each year, and they typically involve dieting. As a wealth adviser, I get a lot of questions from clients and even friends about how to cut the fat, add bulk and get their New Year’s finances started off on the right direction.

For 2021, I’m recommending a financial diet with three stages – we detox by paying off our new debt, follow it up by adding in some new healthy financial habits and cap it off with a regular workout.

Stage 1: The Quick Detox

You’re reading a preview, subscribe to read more.

More from Kiplinger

Kiplinger2 min readFinance & Money Management
What Is an APR?
Swiping your credit card is easy. But if you carry a balance, paying it off could be a challenge. Especially if you don't know your credit card's annual percentage rate (APR). And shockingly, a lot of people don't. In a December 2021 Bankrate study,
Kiplinger4 min read
This New Sustainable ETF’s Pitch? Give Back Profits.
Feel like society and the environment are beginning to break down? There’s an ETF for that. Newday Impact’s Sustainable Development Goals ETF (SDGS) delivers a growth-oriented product that promotes dual impact, promising to advocate for environmental
Kiplinger4 min read
Got Crypto? The IRS Really Wants to Know
The 2022 crypto price crash understandably has some investors concerned. But for those of you who haven’t run for the hills, it’s worth knowing that cryptocurrency currently has the attention of not only the Biden administration, and Congress, but th

Related Books & Audiobooks