Financial Activist Dasha Kennedy’s Top 10 Financial Resolutions for 2025
As we approach the new year, it’s essential to start thinking about our financial goals for the future. Setting clear and actionable resolutions now can help us build wealth, reduce financial stress, and set the stage for a prosperous 2025. Financial activist and influencer Dasha Kennedy has dedicated her life to helping others achieve their financial goals. Here are some of her top recommendations for financial resolutions in 2025.
Build a Better Budget and Become More Financially Literate
Budgeting is a fundamental tool for taking control of your finances. A solid budget allows you to track your income, expenses, and savings to ensure you are living within your means. Dasha Kennedy suggests the following budgeting and financial education resolutions for 2025:
– Create two budgets: a monthly zero-based budget and a basic emergency budget for unexpected situations.
– Take steps to manage and organize your debt, even if you can’t make an immediate payment.
– Spend three to five minutes each day reading about finances to increase your financial literacy.
Keep Your Financial Plan and Path Organized
Organizing your finances is crucial for staying on track and reaching your financial goals. Whether it’s managing past debts, tracking current transactions, or planning for future career moves, having your financial house in order will help you save and spend wisely. In 2025, consider these resolutions recommended by Dasha Kennedy:
– Establish a system to organize your financial documents for easy access and reference.
– Develop a structured career path with your current employer if you plan to stay longer than a year.
Preserve Your Assets in Case of Emergency
Protecting your assets through estate planning and creating emergency savings is essential for financial security. These measures safeguard you and your loved ones against unforeseen financial shocks like medical emergencies, car repairs, job loss, or unexpected death. Dasha Kennedy suggests the following resolutions to protect your money and assets in 2025:
– Set aside $20 each week to start building an emergency fund, aiming for a year-end cushion of $1,040.
– Create a will regardless of your assets to ensure your wishes are known and respected.
– Regularly review and update your insurance policies to ensure beneficiaries are up to date.
Invest in Yourself and Your Future
While retirement may seem far off, it’s never too early to start saving for the future. Investing in retirement accounts, stocks, bonds, and developing new skill sets can help secure your financial future. Dasha Kennedy recommends these resolutions for investing in yourself in 2025:
– Explore monetizing at least one skill to create an additional income stream.
– Start investing, even with a small amount, to develop the habit and learn about the investment process.
Final Takeaway
There is no better time than the present to plan for your financial future. Dasha Kennedy’s clear-cut and actionable steps can help you prepare for a successful 2025. While sticking to resolutions may be challenging, having a solid plan in place will increase your chances of achieving your financial goals. Start implementing these resolutions now to set yourself up for a prosperous and financially secure future.
