"Maximizing Financial Health in 2024: Tips for Saving, Earning, and Stress Reduction"

1 min read
Source: WMTW Portland
"Maximizing Financial Health in 2024: Tips for Saving, Earning, and Stress Reduction"
Photo: WMTW Portland
TL;DR Summary

As 2024 begins, financial experts recommend several resolutions to improve financial health: pay off credit card debt by considering balance transfer cards with interest-free periods, regularly check and work on improving your credit score using free services like Credit Karma, sign up for credit report monitoring and identity theft protection, and prepare for retirement by maximizing contributions to retirement accounts, with increased limits to $23,000 and an additional $7,500 for those over 50. If unable to max out, contribute what you can and ensure to take advantage of any employer matching contributions.

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