SGL Live on WGN 9 News – Financial Resolutions for the New Year

SGL President, Steve Lewit, recently returned to WGN to share advice on setting and achieving financial goals with effective New Year’s resolutions.

Here’s what was covered Live on WGN 9 News:

• A key financial resolution should be focusing on paying down debt, especially high-interest credit card debt.
• Establishing a systematic savings plan, including building an emergency fund covering 3-6 months of expenses, is crucial for mitigating the impact of unexpected costs.
• Effective financial management involves tracking regular expenses and proactively budgeting for larger, less frequent expenses like home repairs or vehicle replacements to prevent financial shocks.