Those with a well-functioning crystal ball sold all their stocks, bonds, and cryptocurrencies at the beginning of this year. For everyone else, there haven’t been many places to hide. After last year’s tranquility, we are being reminded daily that investments can, in fact, decline in value. These periods can paralyze investors with fear, so it is a valuable exercise to step back and assess the situation objectively.

Get in shape. Save money. Get organized. Sound familiar? ‘Tis the season for examining your life and identifying ways to improve. As we are all aware, the problem is following through on our promises. This being a financial post, we will view each of those goals through the lens of your finances and propose methods to help you stick with them.

My wife turned to me and said, “I wouldn’t know what to do if you died.” I had just gotten off the phone with my father who was simultaneously mourning the sudden loss of his brother and trying to sort out his finances. Talk about a wakeup call.

With so much recent focus on this country’s all-too-regular debt ceiling drama, I want to spend a moment to make a proclamation: debt is not a bad thing.