Make a New Year's Resolution That You'll Be Able to Keep

Eating healthier sounds good… until the first time that your friends invite you over for pizza and wings. 

Hitting the gym more often can be invigorating for a while… but it’s getting hard to find a treadmill during peak hours. 

And when it comes to being a little smarter with our finances, well, sometimes unexpected expenses are out of our control and sometimes, we just have to have something… or at least we feel that way in the moment.

We’ve all surely have had varying success with our New Year’s resolutions over the years. The reality is that it can be hard to modify your lifestyle over something as arbitrary as the date you need to switch out your wall calendar. Small, incremental changes are generally what create the habits that make a successful New Year’s resolution – or any kind of life goal you set, regardless of the time of year.

But something is invigorating about using a new year to start fresh with smarter choices, and when we succeed, it’s motivating to look back at our little wins and use them to continue down a better path. 
 

What are the most common New Year’s resolutions?

According to a 2023 Forbes Health/OnePoll survey, the most common New Year’s resolutions are likely the ones you’d expect: improve your mental health, improve your fitness, lose weight, improve your diet, and improve your finances¹. And many of those things will tie into each other – a better diet can lead to weight loss, just as improved finances can lead to better mental health. 

Improving your finances can mean a lot of things: spending less, saving more, asking for a raise, starting an investment account, or setting a long-term financial plan. For many of us, it’s a combination of all the above. If you can’t figure out where to start, we have a suggestion: start with life insurance. 

Of course a life insurance company would recommend that, but think back to your most successful goals: did you make several significant changes all at once, or break it down into more manageable steps? Life insurance can be one part of improving overall financial wellness. Plus, it can provide important financial protection for your loved ones, so you can feel more confident along your path to overall financial wellness knowing you’ve taken a critical first step².

Life insurance can seem complicated, but when you work with an experienced life specialist, like those at AAA Life, it may be simpler than you think.

Three steps to life insurance coverage

There are a variety of life insurance options available to meet any lifestyle and budget, and AAA Life offers resources to help you get started. Or you can take the time to review these three simple steps as a quick way to jumpstart the process.
 

1. Assess the coverage you have. You may already have coverage through your employer, but that benefit typically only covers one or two times your annual salary, which may not be enough for your family. If you already own an individual policy, it’s a smart idea to reassess the term length, your monthly cost and the benefit amount to make sure it still meets your needs. Needs can change over time!
    
2. Determine how much coverage you need. Life insurance can pay for a lot of things: mortgages, future college educations, and monthly bills your family will still have if you were gone, on top of any final expenses. AAA Life offers a Needs Calculator to provide a ballpark estimate of a number to target. Alternatively, our licensed life insurance agents can walk you through this for free at no obligation to you!
    
3. Get a quote. Once you know what you have and what you need, it’s time for a quote. This process is also free of charge, so there’s no harm in getting a quote and discussing with your spouse to make sure that it’s enough coverage and still meets your budget. You can get your free term quote online or by calling one of our agents at (888) 422-7020. 

And that’s it! Once you’re covered, you can feel good about being one of the over 1.6 million policyholders experiencing the AAA Life difference – our promise to be there when you and your family need it most. Not to mention, you’ve checked that first box and can feel better knowing you’re well on your way to meeting that New Year’s resolution.

¹Davis, Sarah. New Year’s Resolution Statistics 2023. Forbes. March 9, 2023.

²AAA Life and its agents do not provide legal, financial or tax advice. Therefore, you may wish to consult independent professional advice prior to the purchase of a contract.

AAA Life Insurance Company is licensed in all states except NY. Life insurance underwritten by AAA Life Insurance Company, Livonia, MI. Products and features may vary by state.