One of the easiest ways to set yourself up for a successful new year is to approach the coming months with a systematic plan regarding your finances. And if you’re looking for positive new habits, that means that you have to do some comparing and contrasting with what you did last year, and act accordingly.

Five quick dos and don’ts that will help you in the planning process including taking the time to analyze and potentially repair your credit, making sure that you don’t lie to yourself about your budgeting capabilities, starting a savings account, making sure you don’t depend on investments, and remembering that money doesn’t necessarily equate to happiness, but it can help.

Do Repair Your Credit

If you start this new year unaware of the status of your credit, then one of the first things that you need to do is to check your credit score and find out if there’s anything about it that you can repair. Sometimes this can be done simply and personally with your own adjustments, while other times you may want to contact a third party credit repair company that specializes in getting all of the appropriate factors organized.

Don’t Lie To Yourself About Your Budget

In terms of helping yourself out when it comes to the next fiscal year, another important aspect to focus on is how well you budget. Many people will set up partial budgets in order to trick themselves into believing that they either have more money than they actually do, or that they spend it more responsibly than they actually do. Do yourself a favor and make a complete budget, avoiding the tendency to lie to yourself.

Do Start a Savings Account

If you do one thing that will automatically help your future financial self improve, it’s going to be that you start a savings account somewhere. This should be an account at a reputable bank, and it should be money that you can’t get to after you deposited it. Learn to save, and reap the benefits this year!

Don’t Depend On Investments

Though there are ways that you can earn a lot of money by smart investing, it’s important that you don’t depend on those investments. The market can be volatile, and if you need money that you put into there, there’s always that possibility that something will prevent you from taking it out at some point. If you’re going to invest, do it with money that can earn, but doesn’t have to.

Do Remember That Money Doesn’t Equal Happiness

When thinking about your finances this coming year, it’s important that you realize that money doesn’t immediately equate to happiness. It helps to have cash so that you’re not anxious about various aspects of life, but wanting money just for the sake of wanting money is a quick way to end up well-off but irritable and obsessive.