💰Crushing those money goals

Happy New Year, Money Makers! It feels great to be in your inboxes on this incredible day when we have a fresh start and a clear mindset to tackle our goals for the year. As you crush your day, remember to align your everyday actions with your long-term goals, leaving no room for regret.

In today’s issue, we’re giving you some handy tools to build, renew, and grow your money habits. Our predictions indicate that you’re going to have a killer year so go crush those goals. Let’s do this! 💯

- Milan

IN THE STOCKS

• S&P 500 4,769.83 (-0.28%)
• NASDAQ 15,011.35 (-0.56%)
• Dow Jones37,689.54 (-0.055%)

*Stock data as of closing on December 29th.

THE MONEY BREAKDOWN

“Consumer Spending” 💸

Simply put, consumer spending is the total amount of money people spend on goods and services. Often used as a stat to understand overall economic health, consumer spending is the heartbeat of the economy, driving growth, and steering the course of businesses both big and small.

When consumers open their wallets, businesses thrive, jobs are created, and the economy flourishes. Your decisions at the checkout counter or online cart aren't just personal choices—they have a ripple effect on the entire economic ecosystem.

From a personal finance perspective, understanding consumer spending is key to making informed decisions. So, whether you're eyeing that new gadget or contemplating a major purchase, remember that your spending choices not only impact your financial well-being but also contribute to the broader economic landscape.

MILAN’S HACK OF THE DAY

Invest in Yourself for the Highest Return on Investment ♻️

With all the new year, new me resolution ideas bubbling in your mind, let us propose another to you. Investing in yourself by learning a new skill, expanding your knowledge, or bettering your health is crucial to your personal and financial well-being. If you don’t invest money back into yourself, how do you expect to grow and achieve your goals? Investing in yourself is the highest return on investment. May that be your mantra for this year.

So if you’re thinking of taking a new course, buying a new book, going to a conference, or simply going for a run, don’t procrastinate. Invest in yourself today and let it snowball into bigger rewards in the weeks to come.

Read more about our top money tips in our free 15 Hacks Guidebook at milansingh.co/hacks

OUR FAVORITE TOOLS

If there’s anything you take away from our content, let this be it: start using a budget planner. The repercussions of building this one money habit may help you get your financial journey on track and show you pathways to save, invest, and make more money.

Once you get used to it, our easy-to-use budget planner takes 5 minutes every day to fill out and will automatically track your expenses and showcase your progress. Budget planning is your first step to financial freedom so get started today by downloading it for free at milansingh.co/budget-planner