Question of the Day: What’s Your Financial Resolution?

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Jan 05, 2015
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Activity, Question of the Day, Budgeting, Credit Cards

Repost from mid-December; I thought it  would be more timely to discuss with students since we are still early in 2015:

As the New Year approaches, you might want to challenge your students to make financial resolutions.  The key with resolutions is to develop a strategy to accomplish them since most of us aren’t able to keep them beyond January.  This HuffPost column suggests creating habits rather than resolutions (Here is an activity that you can use with your students to help change habits)

In case you were wondering what the leading financial resolutions are (from A Wealth of Common Sense), check out this chart below:

FinancialResolution

About the Author

Tim Ranzetta

Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.

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