So it's the first Monday of the New Year and I am sure there have been innumerable amount of New Years Resolutions. With a large number of resolutions that means a fair amount will be to increase financial awareness and most importantly getting out of debt. The most important thing to do this early in the year is begin to set a monthly budget, that is THE key to creating a solid plan to accomplish your goals. Take a look at your bills and set a realistic budget that includes that total amount and a little extra for fun. Studies have shown that not having any flexibility in a budget leads to absolute failure of the budget. Take a little time and open up excel and use a budget template they have and start from there!