Too Early To Think About New Year's Resolutions?

In my professional practice I work with a variety of different types of financial planning clients. Some need help managing significant amounts of wealth. Others need assistance getting out of serious amounts of debt. One thing is usually common in all of my clients. They share a strong desire to make the smartest decisions possible with their money. So as the year comes to a close I wonder if it is too soon to start thinking about making New Year's Resolutions?

2009 was a difficult year financially for many individuals and families. For those with tax problems the financial stress was likely increased dramatically. With a New Year around the corner, the hope of better financial life is a goal for many. The real challenge for people with tax and other debt problems will most often be related to more than just knowing what to do to improve their financial lives. The ultimate challenge is developing positive money related behaviors that lead to meaningful change.

If you have ever made a New Year’s resolution you probably understand the difficulty of changing any behavior. Perhaps you were not ready for change. Maybe you did not know how to implement change the best way. Frequently these resolutions are abandoned due to frustration and discouragement. Lasting change is rarely a simple process. If you have ever tried to lose weight, give up caffeine, stop smoking, exercise more, etc. you probably realized that a simple solution does not exist for everything.

Behavior change can be difficult to maintain over the course of time. Tax and financial planning undoubtedly involves a substantial commitment of time, effort, and emotions and is a form of behavior change. Fortunately, there is a technique that has proven to be the most effective method of achieving tax and financial freedom- Tax Resolution Planning.

If you are looking to change your financial life in 2010 do not wait on the New Year. Take action now and set a strong foundation with an action. Do more than just have good intentions when it comes to important money related decisions next year. Create a written tax and financial plan and implement it. Financial freedom may be closer than you think.

Best wishes for a Merry Christmas and a Happy New Year!