KENNEWICK, Wash-- A lot of financial advisers will tell you the new year is the perfect time for a new financial start.
There's no doubt most of you have already dipped into your savings or retirement. One of the big reasons for that is so many of us are in the 'I need money now' frame of mind.
While that's certainly helped fill the gaps for a recession-filled 2009, it's making matters only worse for 2010.
That's why some good advice for you is put last year behind you, and start with a clean slate.
"As we move into 2010, I believe it's a long overdue correction," says Laurie Tufford with the Consumer Credit Counseling Services of the Tri-Cities. People need to look out for number 1--looking out for themselves. Go back to the basics of building a savings account, reducing debt as fast as possible and then looking forward to the future as far as retirement."
Tufford says a savings and retirement are especially important because social security might not be around for much longer.
Aside from personal steps to a fiscally sound new year, there are optimistic signs the nationwide economy will rebound from higher consumer spending to lower rates unemployment is growing.