As we approach the new year, it’s essential to consider the financial milestones we aim to achieve. By setting specific, measurable, achievable, relevant, and time-bound (SMART) financial goals, we can focus our efforts and increase our chances of success.

Common Financial Goals for 2024

The tribe has spoken, and 22% of them have agreed paying off debt is a common priority for 2024. Moreover, a majority of individuals have stated they’ll also include saving for significant milestones, building better financial habits, increasing income, saving for large purchases, investing more, and establishing an emergency savings fund in their ”financial new years resolutions.”

Tips for Setting SMART Financial Goals

To set SMART financial goals, it’s important to be as detailed as possible with your anticipated endgoal. Whether it be to save a specific amount of money, pay off debts, or invest in the future, break each of these big goals into smaller, simpler steps that can be checked off your list one at a time. Emphasizing the importance of creating a budget, tracking income and expenses, and identifying areas for improvement to align with financial priorities is crucial. Know what you’re trying to accomplish and define what is needed to reach these goals!

Financial Resolutions for 2024

Specific financial resolutions for 2024 could include building an emergency fund, creating a budget based on priorities, paying down debt, and raising credit scores. Keep in mind, all of our situations are different, so if your goals weren’t mentioned above, sit down and track them out so you can still keep track!


As we step into the new year, let’s define our financial goals, create a plan to achieve them, and stay committed to our SMART financial objectives. By aligning our financial aspirations with the SMART principles, we can set a clear roadmap for our economic well-being. Whether it’s saving for a dream vacation, paying off debt, or investing in the future, SMART financial goals are the foundation for a prosperous and stress-free year ahead.