Many of us are committed to making our financial resolutions for 2025 come to life. And though there are tried and true ways to stick to practical, realistic resolutions of any nature, it can be difficult to ascertain exactly what you should be doing to build wealth and achieve financial freedom. In other words, you may want to adjust your financial resolutions to best align them with the expertise of seasoned financial professionals.
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In a recent blog post on her site, financial guru Suze Orman kicked off the new year with deep-dive insights into what she thinks are the four best money moves you can make in 2025. What are they and how can you implement and master them?
We’ve all got a lot going on in our lives and it can be challenging to carve out time every week or so to get totally up to date on the happenings not only in the realm of our personal finance, but also be up to date on what’s happening in the economy at large. But if you want to be smart about money, you need to know what’s going on.
You can stay informed by keeping up with Orman’s and other financial gurus’ fresh content.
“I promise that I will report on any policy changes that impact your financial security and offer my best advice on what to do,” Orman wrote. “And what not to do.”
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We’re about to enter the world of a new administration. We can expect tons of policy changes in the era of Trump 2.0, and while we have solid sneak peeks into what could be, we don’t know what’s going to happen on the economic front (or any other) until it happens. So don’t succumb to floating speculation. Align yourself with concrete facts. This can be tough when you’re deeply concerned about the future of things like Social Security.
“I can’t stress this enough: there is a difference between a policy being floated, and a policy being enacted,” Orman wrote. “Perhaps the most unsettling part for many of you is the mention of reducing Social Security (and Medicare) benefits. Please don’t let that concern push you to change your strategy for delaying your start date to collect benefits. Be patient. Floating is not policy.”
It’s easy to get caught up in the past or the possible future. You may think, “Oh I should have invested in XYZ last year,” or “I really must up my investing game – maybe next year.”