It's a new year and that means people are making resolutions.

While most people start amid good intentions, many resolutions end up being broken.

Tips to keep your resolutions

Angie Marshall, Life Coach 

  • Set goals
  • Be realistic
  • Stick with it: "It generally takes 21 days to form a new, positive habit."

Marcel Brossart, Mortgage Professional 

  • Buy what you need, not what you want
  • Pay credit card debt immediately
  • Treat credit as cash: If you don't have it, don't spend it.

Angie Marshall, a life coach in Saskatoon, said people are more likely to keep their resolutions if they focus on the good things change will bring.

"When you're looking at what you're wanting to create, what your intentions are, you're actually being intentional about it and you're moving towards something," Marshall said. "That's a whole different motivation."

Marshall said it generally takes 21 days to form a new, positive habit and it's important to stick with a new goal, especially in the beginning. She added that it makes sense to focus on what you want your life to be like, rather than on one activity.

"If I want to do more yoga, for example, and the reason I want to do that is to bring more ease and flow and joy in my life, how can I add that to my day?" Marshall said.

Advice for financial resolutions

Whether it's getting out of debt or saving for a rainy day, it's common for people to set financial goals this time of year.

Marcel Brossart, a mortgage professional at Your Mortgage Link, said the most important thing is to not live beyond your means.

"Try not to use credit card debt further than what you can pay off per month," Brossart said. "Treat it as cash."

With high interest rates, Broassart said it's easy for people's financial problems to spiral out of control.

"If you don't pay the balance off to zero now, you're going to be paying from the day of purchase the interest rate immediately," Brossart said. "Every time you pull that credit card out or you want to write a cheque from your overdraft or line of credit, think about, 'Do I have the cash? Is this a need or is this a want?' If it's a want, then analyze how badly you want it."