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What are financial goals? Financial goals are the personal, big-picture objectives you set for how you'll save and spend money. They can be things you hope to achieve in the short term or further down the road. Either way, it's often easier to reach your goals if you identify them in advance.

“The New Year offers a blank slate — an opportunity to get things right. When we set New Year's resolutions, we are utilizing a very important concept called self-efficacy, which means that by virtue of aspiring to a goal and following through on it, I have a sense of control over what's happening in my life.”

Financial resolutions can be easy, like budgeting and tracking your money, or more difficult, like investing in mutual funds or having an emergency fund. Financial literacy is the ability to understand financial concepts. Reducing debt and having a contingency fund are also good financial resolutions.

Chances are, more than a couple of the top 10 most common resolutions will look familiar to you: Exercise more. Lose weight. Get organized. Learn a new skill or hobby. Live life to the fullest. Save more money / spend less money. Quit smoking. Spend more time with family and friends.

In 2023, commit to bolstering your retirement plan so you're not at risk of having to make up for a shortfall. Fast ways to ramp up retirement savings include depositing one-time windfalls—like a tax refund, tax credit or signing bonus at a new job—directly into your 401(k) or individual retirement account (IRA).

Resolution is the restructuring of a bank by a resolution authority through the use of resolution tools in order to safeguard public interests, including the continuity of the bank's critical functions, financial stability and minimal costs to taxpayers. Media source.

Creating a master list of all your financial goals is an essential step for keeping track of them and staying organized. This will help ensure that all your short-term and long-term goals are neatly organized and easy to access when you need them so that you can work towards achieving these targets over time.