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5 Ways to keep your financial resolutionsVideo

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Video ADA Text: Video transcript: 5 Ways to keep your financial resolutions

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Transcript: <h2>JPM – New Years Resolutions</h2> <h2>On screen:</h2> <p>JPMorgan.</p> <p>INVESTMENT AND INSURANCE PRODUCTS ARE:&nbsp;&nbsp;&nbsp;</p> <p>- NOT FDIC INSURED.</p> <p>- NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY.</p> <p>- NOT A DEPOSIT OR OTHER FINANCIAL OBLIGATION OF, OR GUARATEED BY, JP MORGAN CHASE BANK, N.A. OR ANY OF ITS AFFLIATES.</p> <p>- SUBJECT TO INVESTMENT RISKS, INCLUDING POSSIBLE LOSS OF PRINCIPAL AMOUNT INVESTED.</p> <p>Mind over Money.</p> <p>5 Ways To Keep Your Financial Resolutions.</p> <p>With Michael Liersch, Ph.D., Head of Goals-Based Advice and Strategy, J.P. Morgan.</p> <h2>On screen:</h2> <p>Close-up of Dr. Liersch, a man with short brown hair and green eyes. He wears a business suit with a light blue tie.</p> <h2>On screen:</h2> <p>Michael Liersch, Ph.D., Head of Goals-Based Advice and Strategy, J.P. Morgan.</p> <h2>Dr. Liersch:</h2> <p>As January 1st approaches, many investors are wondering what New Year's resolutions to make.</p> <h2>On screen:</h2> <p>What New Year's resolution should I make?</p> <h2>Dr. Liersch:</h2> <p>But the bigger question is how to keep those financial promises, whatever they may be. Here are five ideas for staying on course through next year and beyond.</p> <h2>On screen:</h2> <p>An infographic appears labeled &quot;5 Ways To Keep Your Financial Resolutions.&quot; It shows a pentagram marked with numbers 1-5,</p> <h2>On screen:</h2> <p>1 - Reframe Your Resolutions As Questions.</p> <p>5 Ways To Keep Your Financial Resolutions.</p> <h2>On screen:</h2> <p>Close-up of Dr. Liersch.</p> <h2>Dr. Liersch:</h2> <p>Resolutions are almost always statements – &quot;I will do this&quot; or &quot;I won't do that.&quot;</p> <h2>On screen:</h2> <p>&quot;I will do this&quot; or &quot;I won't do that.&quot;</p> <h2>Dr. Liersch:</h2> <p>But questions work better because they lead to answers…and answers lead to actions.</p> <h2>On screen:</h2> <p>An infographic shows a woman thinking. Her thought balloon displays a question mark - which turns into an exclamation point.</p> <h2>Dr. Liersch:</h2> <p>So, for example, instead of resolving to spend less, ask yourself: &quot;What's one specific expense that I can start cutting right now?&quot;</p> <h2>On screen:</h2> <p>An infographic shows a person using scissors to cut a list of budget items (shown as infographics) including: a hamburger, suitcases and an airplane.</p> <h2>On screen:</h2> <p>2 - Make Small, Achievable Resolutions.</p> <p>5 Ways To Keep Your Financial Resolutions.</p> <h2>Dr. Liersch:</h2> <p>Even small changes can make a big difference. When setting New Year's resolutions, don't focus on the total amount you'll need for college or retirement. Just commit to investing a few extra dollars each month.</p> <h2>On screen:</h2> <p>A bar chart lists: Education; Retirement; and Investments. The bar labeled &quot;Investments&quot; increases to the highest point on the chart. Then, a close-up of Dr. Liersch.</p> <h2>Dr. Liersch:</h2> <p>It's more empowering to accomplish easy goals and make steady progress toward the harder ones.</p> <h2>On screen:</h2> <p>It's more empowering to accomplish easy goals.</p> <p>3 - Turn Your Resolutions Into Habits.</p> <p>5 Ways To Keep Your Financial Resolutions.</p> <h2>Dr. Liersch:</h2> <p>It's gonna take more than one year of good financial behavior to reach your long-term goals.</p> <h2>On screen:</h2> <p>Pages &quot;January&quot; though &quot;June&quot; tear off a monthly calendar.</p> <h2>Dr. Liersch:</h2> <p>The best resolutions become a permanent part of your everyday life. For example, you could arrange for a portion of each paycheck to automatically go into your portfolio, so you won't skip any investments.</p> <h2>On screen:</h2> <p>A portion of each paycheck to automatically go into your portfolio.</p> <p>4 - Align Resolutions With Your Values.</p> <p>5 Ways To Keep Your Financial Resolutions.</p> <h2>On screen:</h2> <p>An infographic shows a woman choosing between a bicycle and a sportscar. A question mark appears in a thought balloon over her head. Then, a close-up of Dr. Liersch.</p> <h2>Dr. Liersch:</h2> <p>You're more likely to stick with resolutions that are in sync with your personal values. If you want to get your spending under control, don't just tell yourself to live with less.&nbsp; Resolve to only spend on the things that matter most to you.</p> <h2>On screen:</h2> <p>5 - Get Others Involved.</p> <p>5 Ways To Keep Your Financial Resolutions.</p> <h2>Dr. Liersch:</h2> <p>And don't keep your resolutions to yourself. Finding friends or family members who share your goals can provide extra incentive to achieve them. For example, if you're all trying to save money, you could spend weekends at each other's homes instead of going out for those expensive dinners.</p> <h2>On screen:</h2> <p>An infographic shows three women gathering for a meal at a house. Then, a close-up of Dr. Liersch.</p> <h2>Dr. Liersch:</h2> <p>Here's wishing you a happy and healthy and prosperous New Year.</p> <h2>On screen:</h2> <p>Animated fireworks burst around Dr. Liersch, who smiles.</p> <h2>On screen:</h2> <p>Happy New Year! J.P. Morgan.</p> <h2>Note:</h2> <p>Legal Disclosures appear.</p> <h2>On screen:</h2> <p>The views and opinions expressed in this material are those of the featured J.P. Morgan Chase &amp; Co. (&quot;J.P. Morgan&quot;) employee and do not necessarily reflect the policies or positions of JPMorgan Chase &amp; Co. The material is provided for informational purposes only and is designed to provide general market commentary. It does not constitute J.P. Morgan research nor should it be considered a recommendation of a particular investment strategy or an offer or solicitation for the purchase or sale of any financial instrument. Opinions and estimates offered constitute the featured J.P. Morgan employee's judgment as of the date of this material and are subject to change without notice as are statements of financial market trends, which are based on current market conditions. J.P. Morgan believes the information provided here is reliable, but do not warrant its accuracy or completeness. References to future returns are not promises or even estimates of actual returns a client portfolio may achieve. Any forecasts contained herein are for illustrative purposes only and are not to be relied upon as advice or interpreted as a recommendation for any particular action.</p> <p>Investing involves market risk, including the possible loss of principal. Investments in international or emerging markets can be more volatile and involve a greater degree of risk. Not all investments or strategies are suitable for all investors and there is no guarantee that a particular investment objective will be achieved. Past performance is not a guarantee of future results. You should speak to your financial advisor before making any investment decisions. J.P. Morgan and its affiliates do not provide legal, tax or account advice so you should seek professional guidance if you have questions.</p> <p><b>JPMorgan Chase Bank, N.A.</b> and its affiliates (collectively &quot;JPMCB&quot;) offer investment products, which may include bank managed accounts and custody, as part of its trust and fiduciary services. Other investment products and services, such as brokerage and advisory accounts, are offered through <b>J.P. Morgan Securities LLC </b>(JPMS), a member of FINRA and SIPC. Annuities are made available through Chase Insurance Agency, Inc. (CIA), a licensed insurance agency, doing business as Chase Insurance Agency Services, Inc. in Florida. JPMCB, JPMS and CIA are affiliated companies under the common control of JPMorgan Chase &amp; Co. Products not available in all states.</p> <p>© {{copyrightCurrentYear}} JPMorgan Chase &amp; Co.</p>

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