Was your New Year’s resolution to tidy up your finances in 2014? Here it is almost March, and spring’s right around the corner – so how have you been doing in keeping your financial resolutions? Olivia S. Mitchell, Professor of Insurance/Risk Management and Applied Economics/Policy, and Executive Director of the Wharton’s Pension Research Council at the University of Pennsylvania, shares advice on how to pay your bills and still put enough money aside for retirement.
Find creative ways to motivate yourself to save. Text or email a friend every time you move closer to your goals.
Learn how you can make better financial decisions. Take advantage of free educational tools like our financial knowledge test.
Set up automatic bill payments. Contact your human resources department, and make sure you’re putting enough aside for retirement.
Make this year’s financial resolutions a habit and remain financially secure for years to come!
Read the full Wall Street Journal article here