Making better financial decisions in 2024 is crucial for achieving your goals and maintaining financial stability.   Here are some tips that will help you come up with wiser financial choices as you walk the journey to financial   independence.

1. Set clear financial goals; Clearly define your short and long term financial objectives and endeavor to set different strategies you intend to apply towards achieving the set goals. Prioritize goals such as debt reduction, saving for a home or project, retirement and education/ career development.
2. Create a budget; Track your income and expenses carefully; use Apps to help you track expenditure while making sure you stay within budget. Categorize spending to identify areas where you can cut back and allocate a portion of your income to savings and investments
3. Debt management; Consider staying out of debt or if required, consider consolidating debts to lower interest rates and negotiate with creditors for better terms that won’t affect your goals and budget
4. Invest wisely; Diversify your investment portfolio to spread risk and regularly review and rebalance your investments. Stay informed about market trends but avoid making impulsive decisions due to societal pressure.
5. Educate yourself; Stay informed about personal finance topics, attend financial literacy workshops or seminars and read books to enhance your financial knowledge
6. Negotiate expenses; Regularly review bills and subscriptions to identify potential savings and negotiate with service providers for better rates to cut costs.
7. Stay disciplined; Stick to your annual/ bi-annual/ quarterly or monthly financial plan even in challenging times. Be patient and avoid impulsive decisions based on short-term market fluctuations.

 Remember, making better financial decisions requires consistency and discipline. You can tailor these tips to your  personal, business or community circumstances and continually reassess your financial plan and lead a road to financial independence this year