Next to dieting and exercising, being better with money is always one of the most common New Year's resolutions.

It's easy to understand why: Americans have over $1 trillion in credit card debt, and the average American only has around $60,000 saved for retirement.

Making resolutions is easy, but keeping them is a bit harder. After the enthusiasm of the new year wears off, it's easy to get stuck in the hum of daily life and forget the major changes you need to be making.

That's why our team is taking to YouTube with a step-by-step checklist for taking control of your money in 2020. They'll go through the must-do money moves for the new year and some places you can invest the extra money you're saving.

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.