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New Year, New Perspectives: 2018 Financial Goals

A new year brings with it a time of reflection. We begin thinking about what we want to do differently in the coming year and brainstorm our New Year’s resolutions, or goals for 2018. The great thing about goals are that anyone can have them and they can be uniquely tailored to fit where you are at in life. Don’t sweat the small stuff this year. Get your finances in shape by adding these simple financial goals to your list.

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Text alternative for New Year, New Perspectives: 2018 Financial Goals infographic.

1. Make saving a priority this year.
57% of Americans have less than $1,000 in their savings account.1
Tip: Make saving easy! Use direct deposit to have a portion of your paycheck go directly into your savings account.

2. Pay Down Debt in 2018
The average household holds over $16,000 in credit card debt.
Tip: Creating a budget and sticking to it, can help you pay off debt faster.

3. Buying a Home
61% of home buyers use savings as their source of the downpayment.3
Tip: Create a savings plan. Your goals, costs and timeline will outline a savings target.

4. New year, new passwords.
More than 80% of people (ages 18+) reuse the same password for multiple accounts.4
Tip: Keep hackers guessing. Use unique passwords for all accounts and change your passwords regularly.


1. https://www.cnbc.com/2017/09/13/how-much-americans-at-have-in-their-savings-accounts.html
2. https://www.bloomberg.com/news/articles/2016-12-15/average-credit-card-debt-16k-total-debt-133k-where-do-you-fit-in
3. https://www.nar.realtor/sites/default/files/reports/2017/2017-home-buyer-and-seller-generational-trends-03-07-2017.pdf
4. http://mashable.com/2017/02/28/passwords-reuse-study-keeper-security/#YgUmpvHBK8qy