14 Financial Resolutions For 2014

~~~    14 Financial Resolutions For 2014   ~~~

Do you have any financial resolutions for New Year’s this year? Despite evidence of declining financial wellness, a recent survey showed that only 16% of Americans intend to include financial planning in their New Year’s resolutions, down by more than half from the 33% in 2009 who said they would make it a high priority in New Year’s resolutions. So if you’re a bit heavy (pun intended) on resolutions related to the size of your waistline and light on ones relating to the size of your bank account, here are 14 possible financial planning actions you can resolve to take in 2014:

1) Make a budget.

Yes, the “b” word. It’s the financial version of a diet and just as important to your financial health as eating right is to your physical health. Start by looking at your bank and credit card statements for at least 3 months and record your expenses on a worksheet like this. If you’re spending more than you have coming in or aren’t saving enough to reach your goals, see if you can use any of these money-saving tips to reduce some of your expenses.

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An Alternative to Giving Up the Car Keys

~~  An Alternative to Giving Up the Car Keys  ~~

Robert Cullon, 80, has a neurological condition that makes his feet numb and forces him to rely on a walker. He thought he was driving just fine, but his six children were worried.

“They kept saying, ‘Are you sure you’re doing all right?’ ” he said. “They broke me down.”

Instead of handing over his keys, though, Mr. Cullon, who lives in Albany, decided to consult a driving rehabilitation specialist. She rode with him, observing how well he used his feet, how good his reflexes were and how good his range of motion was in his shoulders and neck. Then she pronounced him fit to take the wheel.

His children backed off — and he felt reassured. As the baby boomer generation ages, more older drivers like Mr. Cullon are going to be on the road. In the United States, about 35 million licensed drivers are over 65, an increase of 20 percent since 2003, according to the National Highway Traffic Safety Administration.

Read full article at: http://ow.ly/rLzRY