Money Hacks for Nailing 2024

Wondering how to get your money game on point before the new year hits? Do you usually go all-in with big resolutions, or are you more of a set-small-monthly-goals kind of person? Maybe December's already got you stressed and you're thinking, "Oops, where did the year go?" No worries, though – there's always something you can do, even if you've only got a spare five minutes.

First things first, set some money boundaries for the holiday season. Planning to splurge on gifts? Figure out how much you're willing to spend. And those holiday events? Pick the ones that matter most. Being clear about your money limits upfront can keep you away from an added pile of debt come January.

Now, take a peek at your spending over the whole year. No need for guilt trips; we're just trying to see where your money's been going and what's up with those prices going through the roof (thanks, inflation). This way, you can double-check your expenses and make sure you’ve also got cash flowing towards stuff that matters to you.

Time to give your emergency fund a health check. Got at least one month's pay stashed away? High five! If you're rocking a three-to-six-month cushion, keep throwing in some cash until you hit your goal. If life happened, and you had to dip into the fund, no stress – just make topping it up a priority, even before dealing with those credit card balances.

Let's talk financial wellness. Look at the basics: your financial foundation, your money plan (or roadmap, if you're feeling fancy), and your money mindset. What's been going well? Where'd you stumble? Make checking in on your money a regular thing next year. It'll boost your confidence in where you're at and where you're heading.

Time to map out some goals. Think about what you've achieved and plot your course for the future. Whether you're all about vision boards or just scribbling in a bullet journal, setting the vibe now can get you excited for the new year.

Round up all your tax season docs – last year's tax info, expense receipts, and statements from every account (bank, credit cards, mortgage, student loans, retirement, you name it). Keep it all in one place, so when tax time rolls around, you're prepared.

Schedule a sit-down with your tax pro so you can chill and not be part of the last-minute tax season madness. Get it sorted early, so you're not stressing out when everyone else is in panic mode.

Want to kick off the new year on a money-savvy note? Grab a free 30-minute call and start making moves for success right away.

Wishing you the happiest of holidays!