Every first of the year we all make resolutions from love to health and of course, we would not be Richtastic if we did not include wealth.   Here are 10 resolutions on money management that are not your parent’s resolution.

Times have changed and our money management approaches should too.

• Write down one financial goal you intend to achieve by the end of next week.  Giving yourself a deadline can ensure you actually do this. Keep in mind when you are writing down your goal, make it on where you want to go, not where you are financially right now.

• Pick one area of personal finance you want to know more about, and research that subject.  You may not be the smartest when it comes to stocks, or retirement or just plain old budgeting,  so pick a topic you want to know more about or improve and spend an hour a week reading up on it.  If you don’t want to just sit in front of the computer, load up a book on your ereader and hit up your favorite park of coffee shop.

• Tell a trusted friend about your financial goals; have him or her check in on you periodically. Sometimes if we say things out loud and to someone else we have to follow through on it. Share your goals with a trusted friend and tell them to check in on your progress periodically.

• Write down one goal on a slip of paper and stick it in your wallet to remind you of your financial goals when you are shopping and temptation strikes. Ok, so occasionally we can splurge on the latest designer watch or shoes, but sometimes we go a bit overboard. Having a little reminder for us to just buy one luxury item a week can’t be that bad.

• Be sure to compare benefits before deciding on a financial institution. With all the hidden bank fees, it may be time for a financial institution check up.  Just because your parents have been with a bank does not mean you have to stay.  Shop around and see which bank give you the best use of your money.

• Suggest to your partner that, as a gift to each other, you both attend at least one session with a financial professional.  We do health checkups annually, why not financial checkup with an expert.  Ask around the office for referrals if you don’t have one.

• Make a plan for achieving one long-term financial goal. Its great sometimes to plan for a trip to exotic locals, but make some time to plan for retirement, it is never too far away.

• Re-balance your investment portfolio at least once a year. With the volatility of the markets re-balancing can help you improve your portfolio.

• Check into classes that are offered at your workplace regarding employee benefits; sign up to take the next one offered. We are not experts at everything; taking some time to improve your knowledge of your employee benefits can help you maximize your benefits.

Be Richtastic this year when it comes to your money.  Hopefully these 10 tips can make an impact on your Moneytude.

This Article: New Year! New Moneytude! was originally posted and featured on Richtastic.com !!

Timing is everything, and if you listen to Mark Di Vincenzo author of Buy Ketchup in May and Fly at Noon – A Guide to the Best Time to Buy This, Do That and Go There he will make sure you use your time and spend your money wisely.

This master piece has been long overdue and has a bit of something for everyone.  Besides being a great conversation piece at parties, this well written book discusses everything from the frivolous to life impacting decisions.

Mark gives you tips on when is the best time of day to go grocery shopping, buying Ipods, best time to visit Disney to buying a home or even when to get married. No matter the topic it is agreed for any Richtastite it’s a must have book that should be added to your must have on your Top 10 Books You Must Have If You Love Money list.

Check the book out and reviews on www.Amazon.com don’t forget to check out a coupon site for any coupons that can apply even more savings!

This Article: Timing is Everything! was originally posted and featured on Richtastic.com !!