January Topic of the Month - Do You Have Financial Resolutions for the New Year?

Here are a few to consider!

Know your Goals in Advance: Have a good understanding of what you want your financial goals to be for the year. Put in writing what you want to achieve and how you are going to achieve it. Do a financial resolution that is clear and attainable. 

Prioritize Your Debts: Not all debt is the same. Try to pay your highest interest rate debt off first. Once you pay off the highest interest rate, move on to the next one. Keep payments up to date, late payments mean late fees and service charges, that will only increase your debt. Take time to think about making impulse purchases. A good rule of thumb is to wait 24-48 hours and think about that impulse buy, you may surprise yourself and realize you really didn’t need that.

Make Money Doing What You Love: Most people can name at least one thing they like doing besides their day-to-day job. Turn your hobbies into profit. Take your talents to craft shows or local county fairs. A great way to meet people and create some extra income to help meet your financial goals. 

These are just a few ideas to help you set financial goals for the New Year!

As Orsinger Investment Group, Inc. brings in the New Year, we would like to thank each one of our clients, for being a part of our company. We hope everyone has a fantastic 2025 and look forward to seeing each of you throughout the year.