Some things in your financial life you can control, like your spending habits, how much money you put aside toward retirement, having a financial plan and sticking to it, etc. But your finances also are impacted by factors largely out of your control, whether it’s the behavior of the stock market, changes in government policy or fluctuations in the price of energy and consumer goods.
So with 2015 now history, what does 2016 hold in terms of the trends that may impact your wallet, the value of your assets (investments, home/real estate, etc.) and other areas of your financial life? Here, the personal finance professionals at the Financial Planning Association offer a glimpse at some of the financial and economic trends that could shape your finances in the year ahead.