"2024 Financial Resolutions: Expert Tips for Saving, Budgeting, and Reducing Debt"

Financial experts recommend starting the new year by reassessing your budget and spending habits. The 50-30-20 rule is suggested for budget allocation, with an emphasis on cutting fixed and variable expenses, such as housing and food. Strategies like the avalanche and snowball methods are advised for paying down debt. It's also important to save for emergencies and planned expenses, potentially by increasing income through side hustles. High-yield savings accounts are recommended for better savings growth, and annual investment check-ins are crucial to ensure your investments are on track, comparing them to benchmarks like the S&P 500.