Start 2025 strong with these expert-backed money moves to boost your financial health and security.

The new year is perfect for resetting and focusing on your financial health. Whether you’re looking to reduce debt, increase savings, or secure your future, here are some insights that can guide your way.

Here are seven ways to get started.

1. Start With Family Money Conversations

Open discussions about money can improve communication and build trust. Schedule at least two (2) family meetings this year to cover financial priorities like estate planning and caregiving needs for older generations.

Discuss topics like long-term goals, intergenerational wealth, and financial resolutions to keep everyone aligned.

2. Revisit Your Budget and Spending Habits

It’s time to take control of your spending. Examine and cancel your monthly expenses for unused subscriptions, streaming services, or unnecessary memberships.

Streamlining grocery shopping or bundling streaming accounts with family members can also cut costs.

3. Establish a Resilient Investment Plan

Market fluctuations are inevitable, but reacting emotionally can hurt your portfolio. Create an investment policy statement that aligns with your long-term goals. This is one topic we will begin going into to detail about. Especially the different ways of investments and vehicles to achieve your goal.

By rebalancing regularly, you can ensure your portfolio reflects your target allocations, even during market turbulence.

4. Focus on Debt Reduction

Debt can be a major obstacle to financial freedom. Start by paying off high-interest credit cards and loans. Use the avalanche or snowball method to build momentum and see results.

Paying down debt now frees up cash for other priorities later in the year.

5. Stay Ahead With Estate Planning

Updating your estate plan is essential to securing your legacy. Review your will, trusts, and digital assets to ensure they reflect your current goals.

Simple online tools make it easier and more affordable than ever to draft or revise estate planning documents. Those tools will also be found in the files tab.

6. Reevaluate Your Income Strategy

Negotiating a raise or finding new opportunities can dramatically improve your financial outlook. Document your achievements, research market rates, and prepare a clear pitch to discuss with your employer.

If additional income streams appeal to you, consider side gigs to supplement your primary earnings.

7. Mindful Gifting and Generosity

Giving money to loved ones can align with your family’s values and reduce future tax obligations. With the 2025 gift tax exclusion at $19,000 per recipient, it’s an ideal time to make meaningful contributions.

Direct funding for education is an excellent way to maximize impact without triggering tax liabilities.