ALEXANDRIA, La. - There is something about flipping the calendar to a new year that makes many us want to hit the reset button and make a fresh start in life. News Channel Five's Crystal Whitman gives tips from the pros.
Experts say the most popular ones are saving more, spending less and paying off debt. But like most other resolutions, those concerning money aren't always easy to keep.
Here are a few tips everyone can do to get your off to the right start in the New Year.
Number one: Make a written plan to get rid of your debt.
The average American has about 15 thousand dollars in credit card debt.
Number two: Establish an emergency fund of 3 to 6 months.
And lastly, take advantage of employer retirement plans or IRA.
So whether you're decided to bulk up your emergency fund or slim down your waistline, remember it's a process of making slow and steady progress toward your goal.
