Happy New Year! I hope each of you had a fun and relaxing holiday. I apologize for the few posts, but I was out of the country and figured we could all use some time to “unplug.”
I rounded out the year by pushing my boundaries, and learned to ski in Whistler, British Columbia. Even though it was chilly, the mountain views made it totally worth it. And for someone with a fear of heights and limited coordination (there’s a reason I stick mostly to running), I was pleasantly surprised to find that I actually loved to ski. It was a great reminder to try new things, even if they seem outside of my comfort zone.
I spent a night in Vancouver on the way home, and absolutely loved the city. I checked out Granville Island (totally recommend it if you’re visiting the area) and spent most of the time walking around, soaking up the harbor views.
Now that we’re all caught up on the end of 2014, let’s talk about 2015! It may be corny, but I love New Year goals. Particularly following my experience in Whistler, I was inspired to set high goals for myself and try new things this year.
These are a few (finance themed) resolutions I’ve set:
Hold on to long-term investments – In the past I’ve focused on more short-term trading, and wound up regretting selling out of positions too early. As I mentioned in my recent post, I’ve shifted my investing philosophy to focus on long-term investments. My focus now is to buy long-term positions in companies I believe in, and to keep holding those stocks even if the market dips.
Save more money – I don’t have an issue with saving money, but I believe everyone could benefit from a goal to save just a little more money each year. After all, even saving a few extra dollars a week add up over time. Specifically, I’d like to contribute more to my 401k and Roth IRA (but not max them out).
Be more organized – I find I’m very organized in some areas of my life, and unorganized in others. With all of the different financial accounts I have, I want to make sure I’m continuing to read the fine print, avoiding hidden expenses, and getting discounts where I can. And I want to keep better track of all of my physical belongings, so I’m not wasting money replacing the small things I lose.
Become a registered investment advisor – I’m currently studying for the series 65 exam, which would allow me to register as an investment advisor. That means I’ll be able to provide personalized investment advice, in addition to blog-wide advice. My goal is to pass the exam and submit my registration by March.
Expand my coaching services – My favorite aspect of the blog is getting to interact with my awesome readers. I’ll be expanding my personal services this year, so I can talk one-on-one with even more of you to help you maximize your finances.
Spend my money on experiences – Studies show that spending money on experiences makes you happier than spending money on material possessions. This year, I’ll try to take that advice to heart and travel more. Plus, the dollar is at a 9-year high against other currencies, so it’s a great time to explore internationally.
What about you? Any resolutions you’ve set, financial or otherwise? Feel free to share them in the comments section.
If you want help meeting your financial resolutions to save more or pay down your debt, check out my budget coaching services. We can set up a plan together to get you on track for the new year!