Another Year, Another Dollar?
As we approach the end of the year, it's natural to reflect on our financial journey. But even more important is setting the stage for the year ahead with strategic money moves that can truly make a difference. In fact, that’s the mission of Feasible Creative – to empower you on the path to financial freedom while making smart money decisions.
With that in mind, here are 3 key money moves I’m committing to in the new year, and I encourage you to consider them as well:
Prioritize Retirement Investing: Maximizing contributions to your retirement accounts such as IRAs, 401(k)s, and 403(b)s can significantly boost your financial security. This year, I’m focused on building future compound growth by attempting to max out both my Roth IRA at $7,000 in contributions and my 401(k) at $23,500.
Maximize Credit Card Rewards: I used to fear credit cards until I learned that they can be a powerful financial tool instead of a dangerous path to debt – it’s all about how you use them. My goal this year is to optimize my usage by maximizing rewards through cashback for everyday purchases while also diving into travel rewards. If you’re interested in some top credit card options for yourself, check out our reviews here.
Set a Targeted Savings Goal: Rather than just aiming to ‘save money’, I have a specific goal I’m working towards: buying my first home. By setting a clear target with monthly contribution goals, I can stay focused and on track with my mission.
Looking for a Budgeting App to Help Reach Your Financial Goals?
As mentioned in the last newsletter, I recently converted to a budgeting app called YNAB. If you’re tired of losing control of your money and want to see real progress in the new year, click here for a free 34-day trial.
Latest YouTube Videos:
In addition, check out our latest YouTube videos (and subscribe if you haven’t).
Money & Life Lessons From Steve Jobs: Discover how Steve Jobs, co-founder of Apple maintained a simple yet profound perspective on life and money—despite being worth $10 billion at his passing.
YNAB Budget App Review: Is this actually the best budgeting app available? Come see my honest review after using it firsthand.
Your feedback and suggestions are always welcome, so feel free to let me know what you think!
Keep Saving,
Steve | Feasible Creative
"An investment in knowledge pays the best interest." - Benjamin Franklin
Disclaimer: The content provided in this newsletter is for informational and educational purposes only. It is not intended to be a substitute for professional financial advice. Please consult with a financial advisor before making any financial decisions.
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