Top 5 Financial Resolutions for 2013 with Alan Akina

31 Dec 2012 · 1 min

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1:19

In this brief New Year’s address, Alan Akina outlines five practical financial resolutions for 2013. He urges viewers to (1) schedule regular monthly financial reviews with their spouse, (2) raise their credit score by at least 50 points through timely payments, low debt, and error correction, (3) build an emergency “rainy‑day” fund, (4) increase earnings via overtime, bonuses, commissions, or business growth, and (5) teach children basic money concepts to foster lifelong financial literacy. The segment is framed as a motivational kickoff for the new year, emphasizing concrete actions and measurable goals.

Chapters

Good morning, gang! As 2012 comes to an end, most of us are looking for a fresh start and a bright new year. Now, there's no better time than today to set your New Year's resolutions. According to recent surveys, second to losing weight is money resolutions. And to help you to get started on the right foot, I've compiled my top 5 financial New Year's resolutions for 2013. Number 1: Resolve to spend more time on your financial life. This includes scheduling a set time each month to sit down with your spouse to review your numbers. Resolve to increase your credit score by a minimum of 50 points. Do this by paying your bills on time, keeping your debt down, and fixing any errors on your report. Resolve to build a rainy day fund. Having money set aside to cover the unexpected will keep you on track this year and your credit score from dipping. Number four, resolve to make more money. Look to add overtime, bonuses, commissions, or increase your business. Number five, resolve to increase your child's financial literacy. Helping your kids to learn the money basics now will save them a lifetime of heartache later. For Wake Up Today, I'm Alan Akina. Happy New Year, everyone.