Stewardship in the New Year

If 2025 were to look financially like 2024, would you be OK with that? If your earning,  giving, saving, spending, and debt trended the same in the new year as in last year, would you be in a better position than you are now? If you’re hoping to make more progress toward financial freedom in 2025, what would need to change from 2024 to make that happen?

Obviously, the starting point for answering these questions is an accurate picture of 2024. If you haven’t listened to our last podcast, which guides you through a review of last year, that would be a great starting point. If you have spending records for the year and have evaluated those against your spending plan, even better.

This is a time when people make a lot of new year’s resolutions about their finances – and most of them fail. They fail because of unrealistic expectations not grounded in reality, for want of a plan to accomplish them, and for lack of the stewardship disciplines to support them. How can we set meaningful, achievable goals for 2025 and establish the habits we need to accomplish them?

Podcast host James Lenhoff follows up on our last podcast with tips for establishing and accomplishing meaningful financial goals for 2025 – whether as an individual or as a family.