5 Ways to Make a Better Plan for Your Money in 2016

RP Members here is some are financial advice. We have a lot of Financial Gurus right here on RP - let's see if they can weigh in on some tips for 2016.

From professional football player to speaker and financial coach, Chris Hogan has been a staple among personal finance experts. The money guru once worked as vice president of a mortgage company and later turned to helping people successfully manage their money. As a finalist in the 2015 GOBankingRates "Best Money Expert" competition held in collaboration with Ally Bank, Chris Hogan offers this money tip for 2016:
The best thing you can do for your finances is to create a plan. Think about what your financial goals are and create a plan to reach those goals. The necessity of a plan sounds simple, but it is the one thing that many people overlook when it comes to their money. And a dream without a plan is simply a wish.

Follow these five steps to apply Hogan's 2016 money tip to your life. From identifying key financial goals to paying down low balance debts, you can get your finances on track.