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5 Top Financial Goals in 2021
While 2020 threw our financial and life goals off-balance, it’s time to set up for financial success in 2021.
It’s time to reassess our financial health ahead of the new year so that we may continue to make healthy financial decisions for the future.
According to CNBC, “The coronavirus pandemic had a major impact — 42% of households said incomes are still below pre-pandemic levels, according to a Bankrate survey, in which YouGov polled 2,750 adults.”
While for many 2020 was a tough year, it’s important to not feel discouraged to set new financial goals ahead for the new year.
Rebuild That Emergency Fund
The goal for 2021 for most of us is to rebuild our financial goals as most of us had to dip into our emergency fund.
While the future of 2021 is still unsure of how it will proceed, for many a financial resolution is to rebuild that emergency fund.
With any extra income your way, consider putting that into a savings account to replenish that emergency fund.
As we learned in 2020, we can never predict what happens in our daily lives but setting up that emergency fund can help us make it through those unpredictable times.