"2024 Money Mastery: Top Financial Resolutions and Expert Tips for a Prosperous New Year"

1 min read
Source: WLKY Louisville
"2024 Money Mastery: Top Financial Resolutions and Expert Tips for a Prosperous New Year"
Photo: WLKY Louisville
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 improve your credit score using free services like Credit Karma, sign up for credit report monitoring and identity theft protection, and increase retirement savings by maximizing contributions to retirement accounts, with the new limit being $23,000 and an additional $7,500 for those 50 or older. If unable to max out, contribute what you can and ensure to take advantage of any employer matching contributions.

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