Yahoo Finance published this video item, entitled “Financial planning tips for 2024: Consider a ‘dry January’ which means spending only on essentials” – below is their description.
With the New Year comes resolutions—and finances are no exception. Wells Fargo Senior Director of Advice Emily Irwin joins Yahoo Finance Live to provide insight on how to win financially in 2024.
Irwin advises consumers to “understand what your cashflow is and make a budget,” to gain insight on spending practices. Irwin suggests that “dry January” should not only apply to alcohol, suggesting that unnecessary spending should be cut out and only necessities, such as bills, rent, healthcare, be the focus.
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