The start of a new year is the ideal time to review financial priorities, long-term plans and immediate needs for the year ahead.
How are you tracking toward long- and short-term goals? Are you taking advantage of ways to make your money work harder? What has shifted that you'll need to account for in the coming year? Taking charge of your financial plan starts with asking the right questions, and being clear about your goals.
And, when it comes to how you grow your money, that doesn't mean you have to make the “either or” choice of saving or investing. The reality is, both saving and investing are important for different long- and short-term goals. Following are tips to help discover a balanced mix of saving and investing that's right for you.