5 Measures of Financial Fitness

The first of the year is always a time for setting goals. But if you really want to get ahead, you need to know exactly where you’re starting out and where you want to go. It’s the only way to reach your destination effectively, with as little time and effort wasted as possible.

If you’re looking to improve your financial outlook, you’re not alone. Improving financial health is now the second most popular New Year’s resolution after dieting. Unfortunately, like most resolutions, simply making a goal is never enough.

With that in mind, five important indicators of financial health have been identified that you can use as mile markers on your road to financial success. If you pay attention to these five factors this year and work to improve your standing in each, you can be guaranteed to get ahead financially this year.

Here are some steps you can take to get ahead with each of these five factors: