A new year, a new way to get yourself financially secure for a brighter future! It’s not always easy getting back on track after the holidays are over but we’ve got a few expert tips to help guide you on your way to a more financially secure 2015!
Keep it in check
Start by sitting down and going through your budget (and for those of you who don’t have a budget, what are you doing? Hurry up and get a budget already!). You need to analyze your spending, what worked and what didn’t in the previous year. Check for areas where you spent more in than your normally did or less than you had planned. Using this information, you can build a better, more accurate budget for the new year.
Set those goals
What are you trying to accomplish in 2015? Does that require money? Probably. So start setting goals to hit every month to reach your long-term goal. Setting up a separate savings account is a great way to measure and keep track of what you’re saving. Make sure you’re transferring money into the account every month so you’re seeing progress and don’t touch it unless absolutely necessary!
Sell the clutter
Don’t hold on to things you don’t need, get rid of what’s clearly garbage and sell the rest! This way you’re decluttering your home and making a little cash on the side. This money can go right into your savings account to be used for what you truly need it for.
Google is your friend
The age of blindly buying things at face value is over. Google everything you want to purchase, especially if it’s over $50. Check and see that you’re getting the very best deals on the things you want. Don’t get dazzled into spending more than you have to!
Cut back on the extras
Do you really need a monthly subscription to Pandora or Spotify? You’ll survive the commercials, the free version will do just fine. If you have a gym membership and aren’t going at least 3 times a week, is it really worth it to keep paying that much a month? Start tallying up your expenses each month and keep track via Mint or another finance app to really see where you’re spending your hard earned cash.