One New Year’s Resolution

It is that time of year when goals of every sort are made – for work, family, health and, yes, personal finances. Thinking about and writing down goals for each of these areas can be productive in itself. But then getting practical and boiling down a list of goals into a handful of things – or even JUST ONE THING – that a person resolves to make happen is critical.

Of course, this task is not easy, but hey, it is January 10th. Let’s give it a go.

Here is a goal that could be either a lifetime goal, or a one- or two-year goal that could make a lifetime of difference:

Focus on Saving in order to maintain Patience – in the event of the inevitable market decline. My nickname for this goal is FSP.

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