Financial New Year's Resolutions for 2025

What is the primary focus of financial resolutions for 2025 according to the introduction?

• Starting a new business

• Achieving financial stability

• Buying a new car

• Investing in stocks

Which budgeting method is suggested in the video for managing finances?

• 40/40/20 rule

• 50/30/20 rule

• 60/30/10 rule

• 70/20/10 rule

What is a recommended strategy for reducing credit card debt?

• Taking a personal loan

• Using a zero-interest balance transfer card

• Ignoring the debt

• Paying the minimum balance

What small change can have a significant impact on retirement savings?

• Increasing 401k contributions by 1%

• Buying a new insurance policy

• Opening a new checking account

• Investing in real estate

Why is it important to review subscriptions regularly?

• To avoid missing out on new services

• To add more subscriptions

• To increase spending

• To free up money for more meaningful uses