Simple ways to put your best financial foot forward.
By Suze Orman
At this time of year, you might be tempted to draw up a long, overwhelming list of goals for the coming months. Fortunately, there's an easier way to put your best financial foot forward: If you can avoid a few common money missteps, you'll be on your way to a richer 2014 and beyond.
The Incredible Shrinking Paycheck
You'd like to save more for retirement, increase your emergency savings and pay off your credit card debt. But no matter how much you want to do the right thing, you find yourself spending your cash as soon as you earn it. Here's an easy fix: Automate as many financial decisions as possible. Have the bank transfer a set amount every month from your checking account to your Roth IRA and savings accounts, and set up auto-pay for your credit cards. (Be sure to submit at least 10 percent more than the minimum due to pay off the principal sooner and limit interest charges.) The less you have to think about how to spend every dollar, the more likely you are to spend wisely