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NerdWallet's Smart Money Podcast

Stop Scrolling, Start Saving: Better Habits and Budgets for 2025

06 Jan 2025

Transcription

What are effective New Year's resolutions for financial health?

0.822 - 4.964 Sean Pyles

Sarah, we've talked before about how we're not big on New Year's resolutions.

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5.624 - 22.51

No, we're not. And I don't think anybody else is either because I actually recently read the stat that fewer than 10% of resolutions are actually successfully completed. Sorry, guys. You know, that sounds about right. My one resolution would be I kind of want to be better about drinking more water this year, which feels like a measurable goal.

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23.223 - 29.428 Sean Pyles

Yeah. And also, as far as resolutions go, that one's pretty painless and mostly good for your body. Just don't drink too much.

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30.568 - 37.534 Sean Pyles

Also, you know, resolutions don't have to be about taking something on in the new year. It can be just as powerful to stop doing something.

37.994 - 51.284

Yeah. I'm a busy person, so I always like the idea of doing fewer things. Welcome to NerdWallet's Smart Money Podcast. I'm Sarah Raffner.

51.803 - 59.993 Sean Pyles

And I'm Sean Piles. This episode, I'm joined by personal finance nerd Kim Palmer to answer a listener's question about how to budget when you earn an irregular income.

60.754 - 67.983

But first, Sean and I are going to indulge in a different kind of goal setting, picking one thing to stop doing.

68.603 - 71.367 Sean Pyles

Sarah, you presented this idea to me. What made you think of it?

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