For many, the holiday season is an inspirational time when adopting new habits for the coming year is a top priority. This blog post is the second in our New Year’s Resolutions series. Here are five more ideas to help you reach your financial goals.
1. Maintain your budget
Sticking to a budget is a great way to make your money work harder for you. The great thing about a budget is that you decide where your money goes. Give every dollar a job, and watch your financial dreams come true.
2. Plan ahead for unexpected expenses
Make a flat tire, emergency medical care, or even seasonal expenses like Back to School time less stressful by planning ahead for these expenses. Set aside a small amount of money each month in a separate savings account to keep your budget on track even when unexpected expenses occur.
3. Create your emergency fund
An emergency fund also helps to keep your budget safe. Even if you can only put away a few dollars out of every paycheck, this is one New Year’s Resolution that will help you keep your financial goals on track.
4. Start a savings account with the help of smart phone apps
Let technology do the heavy lifting for you where your savings goals are concerned. There are many free smart phone apps that can help you reach your savings goals.
5. Prepare for the future
Long-term goals like education funds and retirement accounts are an important part of your financial life. It’s never too late to start preparing for the future!
For more New Year’s Resolutions to help this year be your best year ever, check out our first blog post in the series.
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