So why is it that we just cannot stick to our money resolutions? Why can we not keep that promise we make to ourselves?

The answer is – we do not make a strong enough commitment. Making an agreement with yourself is just so easy to break because you only have yourself to answer to and we are all good at cutting ourselves a little slack. A good agreement is made up of a worthwhile outcome and a penalty clause if you break it midway. The strong commitment comes from the level of importance of the outcome to your life and what holds you to it is the penalty clause or pain if you let yourself down. 

Here are 5 steps to make sure you make a big difference to your pocket in 2016.