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It's almost the New Year.

And this time around, when you make plans and resolutions, STICK TO THEM!

So what are some of the smartest decisions people can make with their money to see a difference in 2012?

"Yeah I think that when you look at what you're spending your money on, a lot of Americans find that they have some consumer credit debt and that debt is typically a higher interest. First thing you gotta look at is what you're paying on that debt and try to actively reduce and pay that debt off; that higher interest debt."

That's Managing Member at John Thomas Capital Management Group, LLC -- George Jarkesy - speaking with Scott at WERC in Birmingham, Alabama.

Ok... so number one - pay off the debt.

Number two -- according to Jarkesy?

Home mortgages.

"Right now, mortgage rates are really low. People are finding that they might have refinanced three, four, five years ago and that refinancing it today may seem kind of crazy to do it that close, but there's a lot of savings out there right now."

What about when people say, "I'll spend less money this year" - should their resolutions be more specific?

"Statistically it's shown, that if people don't make the terms of what they're committing to, if they don't make it very specific, that they're less likely to adhere to it. So you want to make it specific, you want to make it something meaningful."

Jarkesy recommends thinking twice before each purchase, but definitely be specific!

Because cutting out all of those little purchases, according to Jarkesy -- can really add up to quite a bit of savings over all.

I'm Jessica Curtis, and that's your Talk Radio Buzz from Fox News Radio.