Many people choose not to make financial New Year’s resolutions, fearing that they won’t keep them. I say go for it. Those who make resolutions are more likely to accomplish the changes they desire than those who don’t resolve on anything. Last year, I made a resolution to refinance the house. I didn’t get around to it. But 2010 is the year. Mainly because I’m afraid that interest rates will rise and I’ll have missed the boat.

In order to reach my goal, though, I’ve got to do a couple of other things:

* Make sure that my credit score is up to snuff. So I’ll check it soon and then see if I need to have errors removed from my report, and do something else to get a little boost.

* Have the house appraised. An appraisal will be needed to asses my current loan to value ratio. I haven’t been in the house very long, so I don’t have a lot of equity, but I know I’m not upside down.

* Look at my options. Interest rates are low enough that I can refinance to a 20 year loan and pay only a little more than I am paying now per month. So that might be a possibility rather than refinancing to a 30 year loan.

I’ll also have to actually go into the credit union and talk to someone about it. And while I’m at it, I’ll probably ask about a Health Savings Account, since that’s another one of my financial New Year’s resolutions.