It’s hard to believe, but half the year has already passed. How are you doing with your New Year’s resolutions? Do they seem too daunting? Perhaps they may not be if you break them up into smaller steps and take action on the first ones. Here are some ideas to kick-start you on the path to achieving your goals this year:
Resolution #1: I want to improve my health.*
Whether that goal means losing weight, eating better, reducing risk factors for disease or lessening stress, many people have remarked to me that this year has brought no meaningful changes to their health and overall well-being. To them, I say take a couple small steps toward your goal, and you’ll be on your way.
- Small Step #1: Think about going for a walk every day. You can start improving physical activity levels by walking each day, ideally after a meal. Even if the weather doesn’t cooperate, you can find ways to walk more. Try the mall (but don’t impulse buy while you’re there).
- Small Step #2: Consider adding more fruits and vegetables to your diet. As you change what you eat, your tastes will begin to change too, and cravings for sugar-rich, processed, fatty foods will diminish. Ask your health professional for some ideas for more nutrient-rich fruits and vegetables.
Resolution #2: I want to improve my financial situation.
This goal can range from paying down debts levels to organizing your estate for the next generation. Wherever you are in the wealth spectrum, you can commit to action.
Sign up for Kiplinger’s Free E-Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
- Small Step #1: Lay out a budget statement, including all expenditures, assets and liabilities. Just doing this mentally isn’t good enough: Make sure you write it down on paper. It will help to organize your thoughts and then your actions.
- Small Step #2: Talk to your financial professionals. Your financial adviser, accountant and attorney can all help you gain some perspective.
Resolution #3: I want to improve my overall happiness.
Are you as happy as you could be right now? What are some ways in which you could be happier?
- Small Step #1: Call some friends and get together. For some people life can be less fun when led in solitude. Take comfort in your friends and loved ones, and talk about how to help each other.
- Small Step #2: Take stock of what you have, do and believe. Happiness is a state of mind, and figuring out where the gaps are from where you are and where you want to be will help you uncover how to make the transitions.
* This newsletter is being provided for informational purposes only and is not designed to diagnose or treat a health problem or disease, or replace the professional medical advice you receive from your doctor. Please consult your health care provider with any questions or concerns you may have regarding your personal condition, as well as, prior to beginning any diet or exercise regimen.
-
The Fall Garden 'Tax': What to Plant and How to PrepareTax Tips Fall gardening could increase your taxes this season. Here’s what to know while planting in 2025.
-
July CPI Report Boosts Rate-Cut Odds: What the Experts SayThe July CPI report shows that tariffs are having a slight impact on inflation, though not enough to keep the Fed from cutting interest rates.
-
DST Exit Strategies: An Expert Guide to What Happens When the Trust SellsUnderstanding the endgame: How Delaware statutory trust dispositions work, what investors can expect and why the exit is probably more important than the entrance.
-
Think Selling Your Home 'As Is' Means You'll Have No Worries? Think AgainThere are significant risks and legal obligations involved in selling a home 'as is' and by yourself, without a real estate agent.
-
What the OBBB Means for Social Security Taxes and Your Retirement: A Wealth Adviser's GuideFor Americans in lower- and middle-income tax brackets, the enhanced deduction for older people reduces taxable income, shielding most of their Social Security benefits from being taxed.
-
Financial Planner vs Investment Manager: Who's the Better Value for You?When markets are shaky, who do you trust with your money? A recent study provides useful insights into the value that different financial professionals offer.
-
I'm a Financial Adviser: This Is How You Could Be Leaving Six Figures in Social Security on the TableClaiming Social Security is about more than filing paperwork and expecting a check. When you do it and how you do it have huge financial implications that last the rest of your life.
-
The Big Pause: Why Are So Many Americans Afraid to Retire?While new research sheds light on Americans' growing reluctance to quit work in later life, can anything be done to help those with the retirement jitters?
-
Five Under-the-Radar Shifts Investors and Job Seekers Can't Afford to Ignore Under the OBBBBeyond the headlines: The new tax law's true impact for job seekers and investors lies in how it will transform industries and create opportunities in areas such as regional accounting, AI and outsourced business services.
-
I'm a Financial Professional: It's Time to Stop Planning Your Retirement Like It's 1995Today's retirement isn't the same as in your parents' day. You need to be prepared for a much longer time frame and make a plan with purpose in mind.
