It’s a new year and a great time to make solid financial resolutions that can help get you get closer to your monetary goals. Here are a few things you might consider adding to your own new year’s resolutions.

Set a Clear Goal

Work out clear financial goals that you want to achieve this year and break them down into smaller realistic steps that will help you meet both your short-term and long-term goals.

Prioritise your debts

Make a realistic payment plan to prioritise paying off your bad debt faster by focusing on your debt with the highest annual interest rate.

Focus on your insurance

As time goes on your situation changes and the New Year is a great time to review your insurance policies. Make sure you are getting the best deal, and that your assets (including your ability to earn income) are covered.

Take control of your super

If you have multiple super funds you are probably paying multiple sets of fees that are reducing your overall balance. It may also be worth speaking with a Burnett Business Centre financial adviser to ensure you’ve got your super invested in the right investment option for your age, stage in life and individual circumstances.

Speak with a Financial Adviser

Seeing a Burnett Business Centre Financial Adviser can help you establish realistic financial resolutions and can help to ensure that your goals are achieved.

This information is general in nature and does not take into account your personal situation. You should consider whether the information is appropriate to your needs, and where appropriate, seek professional advice from a financial adviser.