As the end of 2017 approaches, it's time to start thinking about how to make 2018 a financial success for you and your loved ones. Though there's little consensus about their origins, we know that Americans have been making New Year's resolutions since at least the 1770s.

Rich Paul, a Certified Financial Planner and author based in Michigan, can speak on how everyone can make the right financial resolutions for 2018.  Some of his last minute and realistic resolutions for 2018 are:

• Create emergency savings: Life is full of unexpected emergencies, and some extra cash can help a serious illness, home repair, or other sudden financial need from derailing your finances. Prepare for unpredictable expenses by putting aside six to eight months of expenses in an easily accessible cash-equivalent account.
• Maximize your retirement plan contributions: Tax-managed retirement accounts are one of the most powerful ways to save for a more comfortable retirement. Make the most of them by contributing as much as you can each tax year. We usually recommend maxing out employer-sponsored plans first to take advantage of any matching contributions your employer may offer. We can help you understand your retirement account options.
• Protect your credit identity: Identity theft and financial fraud are serious threats that can compromise your financial wellbeing. Protect yourself by reviewing financial statements and bills carefully for unauthorized activity.

About Richard Paul

Richard W. Paul is the president of Richard Paul & Associates, LLC (www.rwpaul.com) and the author of “The Baby Boomers' Retirement Survival Guide: How to Navigate Through the Turbulent Times Ahead.” He holds life and health insurance licenses in Michigan and Florida and is a Certified Financial Planner, Registered Financial Consultant, Investment Adviser Representative and insurance professional.