Every time birthday nears, I try to come up with the gifts that can gift to my to signify this special day. Striving to be different this year, i decided not to buy any gifts on impulse and instead, I am going to reflect on the year that had gone past with regards to my financial situation as well as the various money challenges I set out at the beginning of the year.

My intention of doing this is to keep track of the progress I’ve made, make adjustments where necessary, and develop new goals for the next 12 months. I’ve listed the steps I plan to take below:

  • Keep track of my financial status. This includes my savings, investments, money challenges as well as my business ventures. Knowing my financial status is important as it allows my to be accountable to myself.
  • Keep track of my financial liabilities. Credit-card balances is one of the biggest enemy that …