Millennial Money: 5 financial New Year’s resolutions for 2024
In preparation for 2024, you can shore up your finances by creating some financial New Year’s resolutions for yourself
By CHANELLE BESSETTE of NerdWallet
Published - Dec 19, 2023, 07:03 AM ET
Last Updated - Dec 21, 2023, 11:49 AM EST
The new year is upon us, and it’s a great time to plan for your financial future. Here are five financial resolutions to consider for 2024.
1. GET A HIGH-INTEREST SAVINGS ACCOUNT
Interest rates are still high on savings accounts right now, especially high-yield online savings accounts. Some accounts are offering more than 5% annual percentage yield, which is 10 times more than the national average on savings accounts. Take advantage of this “free” money by opening a new account with a high rate or upgrading your current one. Just make sure you avoid fees as much as possible, and choose a bank or credit union that is easy for you to access, either through remote customer service or in person.
2. FOCUS ON STUDENT LOAN REPAYMENT
