TOLEDO, Ohio — If you're looking to save money in the new year, experts say now is the time, especially if it's one of your New Year's resolutions.
"I think we can all do a better job of getting a better picture of just understanding where our funds are at, where our investments are at and what our picture looks like," said Kirk Weldy, Vice President of Investment Advisory Services with CIG Financial.
Weldy says one of the best ways to start being successful with your money is by getting organized.
"Something so simple as getting things together and understanding where you're at today," said Weldy." That shows us things like, what am I putting money into, why am I putting it into, can I put more into it, where do I look at where I stand on my financial journey."
Another step you can take toward achieving financial success is having conversations with your significant other or even your kids. Weldy says it's never too early for them to get started.
"2020 has brought us one thing, that we don't know what's going to happen next," said Weldy. "With the holidays and not all of us getting together with family, I think those conversations can create a great start to where you want to go financially."
Lastly, do your research on where you think would be the best place for your money to grow.
The recent stimulus checks you may have received can also potentially help you get a start on a successful financial future. Weldy says if you are able, a portion of that money could be saved if it doesn't have to be spent on basic needs.