It is amazing to me how fast the time passes. My age seems to speed up the pace at which time passes. It’s amazing how quickly time moves when you have children. In keeping with CGS tradition, I like to start each new year with a list of things people can do to ensure they’re in a better financial position.
Since 2017, I’ve been listing out ideas, moves, and strategies to implement. 2023 is no exception! I’m sharing 23 money moves to implement in 2023 to make progress in your financial situation! We will never stop learning, so let’s make the most of it.
23 Money Moves to Make in 2023
#1 Start recession-proofing your finances
I don’t think we can deny the state of the U.S. economy. Higher interest rates, layoffs and lower homebuying demands are just a few of the signs. All signs that we’re headed to (or already in) a recession. This article explains. What Happens if a Recession occurs?Here’s a breakdown of what a recession means to the average person.
It’s going to impact some harder than others, but there are things all of us can do to start “recession-proofing” our finances. Your budget should be established. Save more. Avoid unnecessary spending. If your income situation changes, have a plan.
#2 Put your savings in a…