Overview

• Financial planners recommend breaking large goals into smaller, actionable steps, such as increasing retirement contributions incrementally or tackling debt strategically.
• Building an emergency fund is prioritized over paying off low-interest debt, with experts suggesting at least one to three months of living expenses saved in a high-yield account.
• Starting resolutions before January 1 with a detailed review of the previous year's finances can help establish a solid foundation for success.
• Couples are encouraged to align financial goals through open communication, addressing shared priorities like retirement savings or major purchases.
• Gamification and regular 'money dates' are proposed as creative ways to make financial management more engaging and sustainable.