New year, new you. That's the mantra many millennials appear to have when it comes to their finances in 2016.
Most 18- to 34-year-olds have high hopes for 2016 — 88 percent of millennials said they are more likely to save money, and 82 percent believe they will invest more money in 2016, according to a recent Bank of America study.
So where should you start?
Creating a checklist helps you become more aware of the money you have and how best to allocate it toward your financial goals, added Sean Keating, a certified financial planner at Patriot Financial Advisors in Eatontown, New Jersey, in an interview last year. "You start making conscious decisions that set you up for better lifestyle habits."