Chances are, making better money choices is one of your goals for 2020.
Almost 99 million people will make a financial resolution this year, according to a recent survey from personal finance website WalletHub.
For many, there are two burdens they want to eliminate in 2020: low savings and high debt.
Putting aside more money and paying down balances are the two top financial resolutions for 2020, according to a new survey from Fidelity Investments. That is followed by spending less.
That comes as the Federal Reserve found earlier this year that many adults could not afford to cover a $400 unexpected expense. Meanwhile, almost half of Americans have no rainy day fund, according to the Financial Industry Regulatory Authority.
They key to shoring up your safety reserves — and keeping your resolutions — is to map out how you’re going to get there.