The year of 2018 came with several financial surprises, and many are presuming with Brexit still being in action, 2019 won’t be any different. Fortunately, there are a variety of ways to ensure that your finances are safe throughout the new year. Try to lower your debt as much as possible within the first three months of the new year so that it is not hoovering above your head for the next nine months. Also be sure to engage in strict budget planning for heightened preparation in the case of any financial setbacks.
Key Takeaways:
- With Brexit looming in 2019, the surprises of 2018 could seem small in comparison and many would be hard to say what will happen next.
- Although no one knows what the future will be in the coming days and months, the potential that their finances could be affected should not be doubted.
- As part of the Christmas preparations, people should take time to start getting their finances ready for the coming new year.
“If costs rise for any reason in 2019 then your budget will need to absorb those extra costs.”