As 2024 approaches, economist Dana Peterson emphasizes the importance of three main areas for a healthy financial state: smart budgeting, reducing debts, and actively saving.
Given the looming possibility of a recession in early 2024, these suggestions are critical.
Budgeting Smartly: Peterson advises finding ways to lower your weekly spending. This might involve choosing more affordable grocery items, rethinking your clothing expenses, or enjoying entertainment at home.
These changes are key to managing the continued high costs of living.
Click here to get the rest of the tips for preparing financially for 2024.
