New Year resolutions are tough to keep, but with a few key strategies a financial investment should result in more benefits down the road.
 
The best way to set a financial resolution, according to senior financial advisor with Switzer Financial Services, Steven Switzer, is to get into a plan.
 
"Stick with the plan and make yourself dollar cost average," explained Switzer. "If you get paid every two weeks, you should be paying yourself first."
 
Investing off of your paycheque can help.
 
"It's achieving goals and setting a goal-based scenario for yourself," he added. "Don't procrastinate on setting yourself up for your future, we're only given one chance on this planet and you want to be happy going into your later years."
 
The sooner someone can start putting money aside into either a high interest savings account or some investments, the better off they'll be come retirement time.
 
Other tips include:
- Ensuring you're using government saving programs to the fullest of their potential.
- Having protection. It's important to have proper disability or critical illness insurance plans to protect from the need to replace lost income with the investments.
 
The most important thing? Patience.
 
"They should be knowing that there's a long term approach, the safer they are in their younger years the more adept and educated they're going to be moving forward."

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