Take a Deep Breath – and Start Planning Now
We all know that money can be a major source of worry. But we’re here to share some good news from the latest Northwestern Mutual Planning & Progress Study and talk about what you should do about it.
The study found that 72% of Americans feel financially secure, and there is growing optimism for the economy in 2017.
43% of U.S. adults 18 and over say the economy will be better this year than in 2016, which is a considerable jump from the 31% who said the same last year.
Those are great signs for the future. But they’re also great reasons to focus even more on your finances. Being financially secure takes a lot of planning – and when you are feeling more optimistic about the future, it’s a great time to think about paying off debt and putting more into savings.
If you want to get started, check out our budgeting basics section for tips on how to prioritize.
You’ve got this – just take a deep breath and get your finances on the right track for the future.