However, what about your finances? Have you considered goals like reducing your debt, saving more or even paying off the credit card?  If not – the New Year is the season to start! Now is the time to spend some time thinking about how you can achieve these goals, and what that plan might look like.

Here are three finance goals to work towards in 2017:

1. Review and monitor cash flow

The key to reducing debt and saving more is to look at your cash flow. If your credit card debt is increasing, then you must be spending more than you have coming in. Set yourself a goal to track your spending for one month. You can then review it and see where your money is going – you might be surprised to see how quickly those coffees and lunches add up!

2. Consider making additional superannuation contributions

Retirement may or may not be a long way off for you, but putting a little aside now will add up over the long term. If you earn $450 or more per month, your employer is (or should be) directing 9.5 per cent of your wage or salary to your superannuation fund. However, did you know you may be in a position to contribute more to your fund? Even an additional $20 per week would equate to $1,000 more superannuation over a year – meaning more money for your retirement.

3. Keep investing

For those of us investing; the New Year is a good time to review your portfolio. Further, if you are investing in the sharemarket, keep investing – don’t be put off by short term volatility. While prices can fluctuate, share prices tend to drift upwards over the longer term.

From all of us at Hewison Private Wealth, we wish you a very happy festive season and a healthy and prosperous New Year.

Any financial product advice provided is general in nature. It does not consider your needs, financial situation or objectives. You should consider the appropriateness of this advice to your circumstances before you act on them.