To help consumers improve their money management in the New Year, WalletHub announced its 15 Financial Resolutions for 2015 Monday.
Its resolutions, which are based in part on conversations with a panel of leading finance and consumer psychology experts, are as follows:
1. Get reacquainted with your finances.
2. Make a budget.
3. Carry out the Island Approach, isolating different financial needs for different financial products, for example, one credit card for everyday purchases, which is paid off monthly, and different card for long-term debt.
4. Automate as much as possible.