“You never have to recover from a great start.”
This is a great quote that can apply to your financial journey for 2016! While we’re still a couple of weeks away from the new year, you can take steps right now to launch into 2016 with a financial fury!
5 Financial Steps You Can Take RIGHT NOW
- Open a 529 College Savings Plan for each of your children (or grandchildren) One of the greatest blessings a child can receive is a college education free from the burden of student loans! Plus there are usually tax incentives for investments into your state’s plan!
- Open an online Savings Account (and start saving for Christmas 2016!) I am a big fan of online savings banks, and have held my savings there for years.
- Increase contributions to the retirement account (401k, 403b, 457, TSP, SEP-IRA, IRA, Roth-IRA, TFSA, RSP) Even a 1% increase can completely change the trajectory of your financial future!
These three steps could be completed in less than 30 minutes. Why not do it now?