Have you considered something like ‘reduce debt’, ‘save more’ or ‘pay off the credit card’?  If not – you should! And if you have taken time to consider your financial well-being, you should also spend time thinking about how you can achieve these goals.

Here are three top tips to straighten up your finances in 2019:

1. Review and monitor cash flow

The key to reducing debt or saving more is to look at your cash flow.  If your credit card debt is increasing, then you are spending more than you have coming in. Set yourself a goal to track spending for a month. After this you can review where your money is going – you may be surprised to see how quickly those coffee’s and lunches add up!

2. Review your insurance; are you protected?

If you don’t have insurance, consider what type of cover you need. If you have insurance in place, is it the right amount of insurance, with the right providers? A specialist Insurance Adviser can determine the right insurance cover for you.

3. Don’t forget about superannuation

Putting a little aside now can add up over a long period of time. Your employer would be directing 9.5% of your wage to your superannuation fund but did you know you can add more? Even an additional $20 per week would equate to $1,000 of superannuation over a year – meaning more money for you in retirement.

If you are reading this and ticking the list as you go, then you are off to a flying start in 2019, well done! For those that would like to accelerate their finances, or perhaps review them, the team at Hewison Private Wealth are here for you .