10 tips help you change your relationship with money in 2025 [Video]

With the end of 2024 gone, you might be reflecting on financial goals for 2025.

“These resolutions do share something in common,” CBS News Business Analyst Jill Schlesinger says. “They require you to understand how much money is coming in and going out of your household. Before you panic, I’m not going to tell you to create a budget, but you do need to track your money.”

Whether you’re saving to move out of your parents’ house or pay off student loan debt, financial resolutions can help you stay motivated, said Courtney Alev, consumer advocate for Credit Karma.

“Entering a new year doesn’t erase all our financial challenges from the prior year,” Alev said. “But it can really help to bring a fresh-start mentality to how you’re managing your finances.”

If you’re planning to make financial resolutions for the new year, experts recommend that you start by evaluating the state …