As 2024 winds down, it's time to think about your financial goals for the new year. Experts say to start by looking at your finances in 2024 and setting specific, realistic goals. Courtney Alev from Credit Karma suggests that a new year is a chance to see finances with fresh eyes. Ashley Lapato, from YNAB, encourages changing your money mindset. Consider how you currently handle money and what you'd like to improve. Imagine your future lifestyle and use money to get there. Forgive yourself for past financial mistakes, advises Liz Young Thomas from SoFi.

Matt Watson from Origin says to tie your financial goals to bigger life goals for motivation. Greg McBride from Bankrate emphasizes creating a budget to track spending and savings. Paying down debt and managing credit card interest rates are also key, according to Matt Schulz from LendingTree. Alev advises setting practical goals that fit your lifestyle. Regularly check your credit score and pay more than the minimum on credit accounts, suggests Rikard Bandebo from VantageScore. Automate savings to make it easier, says McBride. Johan Gerber from Mastercard warns to slow down and be cautious of scams. Alejandra Rojas, a personal finance expert, emphasizes focusing on financial wellness and mental health.

Reimagining Your Money Mindset in 2025

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