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New year, new budget? Here are tips to set your finances up for success in 2024

Two people make financial notes by a laptop.
Scott Graham/Unsplash

Dr. Jeff Jones, a finance expert at Missouri State University, offers insight on how to get your financial house in order.

Our weekly program, Missouri State Journal, is a collaboration between KSMU Radio and Missouri State University. It's hosted and produced by MSU's Office of Strategic Communication, and it airs each Tuesday morning at 9:45 on KSMU. 

A new year brings new resolutions for many. Some are personal, some are physical and some could be financial.

Americans are $17 trillion in debt, with the average American carrying over $100,000, according to Business Insider. That extra baggage can derail even the most ardent financial resolutions.

Dr. Jeff Jones, head of the Finance, Economics and Risk Management Department at Missouri State University, says getting your financial house in order for the new year may not be easy, but it will be worth it 10 times over in the end. Jones offers some practical pointers to get that budget under control.

Read the full audio transcript

 

Emily Letterman has worked at Missouri State University since 2023 and is currently the public relations strategist in the Office of Strategic Communication. A longtime journalist with over a decade of reporting on southwest Missouri, she has a bachelor’s degree in English literature from MSU.