This week, the theme is financial resolutions for 2020. 

Each day this week, I’m giving you ideas on how you can adopt a financial resolution for 2020. 

Today’s financial resolution for 2020 is: a learning new years resolution. 

Too many of us go most of our lives without understanding the basics of finance. They don’t teach this stuff enough in school, and since most people view money as a taboo subject, it doesn’t get talked about in our homes either. 

The old adage is true: “Give a man a fish and you feed him for a day; teach a man to fish and you feed him for a lifetime.”

What is the one area of money, personal finance, investing, or retirement, that if you knew more, it would make a difference in your life? If there is an area that you struggle with financially - spending, budgeting, investing, managing money with your spouse, debt - that’s probably an indication on where you can focus your learning to have the most impact. 

Why not do something about your knowledge gap by reading a book, taking a class or a course, or going to an event or conference. You could even watch videos on YouTube for 20 minutes a week on a specific topic, and be eons ahead this time next year in your understanding of the money topic that is vexing you the most right now. 

The key is to pinpoint an area of your financial life that you struggle with the most, and commit to learning more about it in a deeper way. 

The more you know, the easier it will be to take action, find the best path, and stop struggling with the money issue you’re struggling with the most right now. 

That’s it for today. Thanks for listening. Tomorrow, we’re going to recap the week and I’m going to give you a little preview of next week’s theme. 

My name is Ashley Micciche and this is the One Minute Retirement Tip.

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