• If you want a healthier financial life by the end of 2024, you’ll need to start now.
• Short-term goals like adjusting your budget can have immediate benefits, while longer-term goals like growing your savings will still improve financial health along the way.
• Consider strategies like building your emergency fund and adjusting your investment portfolio to improve your finances this year.

Is improving your financial health on your list of new year’s resolutions? Financial security is a goal for many, but achieving it takes planning and work. If you want to end your 2024 in better financial health than you started it, setting goals now can help you get there.

These short- and long-term strategies from experts can help you improve your finances this year.

When it comes to improving your finances – whether that’s leveling up your income, boosting your net worth or meeting other specific goals – the most important step is just getting started. But there are certain financial goals you can set that will result in better financial health.

These include both short-term goals you can accomplish throughout 2024 and long-term goals that might take a few years to achieve.

Ohan Kayikchyan, a certified financial planner and founder of Ohan The Money Doctor, says that financial literacy is a crucial first step. Knowing how your money works for you and what you’ll need to do to meet your goals will help you actually get there.

“Dedicate some time to reading books or blogs, listening to podcasts or watching YouTube videos to gain competency in finance. With the overload of financial information available online, whether on a social platform or the internet in general, it is worth noting to do your homework in advance and obtain information from reputable and trusted sources,” Kayikchyan said in an email.

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