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What are some good financial New Year's resolutions to make for this year?


The classics never go out of style. Pay down debt, starting with the obligations that carry the highest interest rates, such as store and bank credit cards. You might also make sure that you're taking advantage of all the tax breaks offered through retirement, education and health-savings accounts.

There's also no time like the present to take care of the just-in-case stuff like preparing a will, making sure your pension accounts have the right names and Social Security numbers of your beneficiaries and buying life and long-term-care insurance. You never know what's going to happen, so make sure you're as prepared as you can be if the thing that happens is bad.

-Conrad de Aenlle