Happy New Year, start fresh

 

Had a quiet, but great Christmas. Very happy kids in our house and great time seeing family. 

Starting off the New Year right. Are you??

Happy New Year’s Eve!!

Walk into next year right, starting tomorrow. What better day to make a change in your financial habits, health habits than now?!  

Get organized. Keep a target date on your phone calendar to check if your car needs an oil change or tire rotation. Make sure your tires don’t wear prematurely or your car doesn’t die because you decided not to care about these small maintenance things.  The same goes for your body. Make that well visit appointment. Most are free!  Make sure there’s not something you can deal with easier now rather than cost you more financially or your life in months or years.  

And your finances!!  Go through them for the new year.  If you haven’t already done it, set up a separate savings for your car insurance, Christmas, annual taxes, life insurance premiums…anything that doesn’t get paid monthly so you always have it to pay with!  

I’ve been doing this for almost 30 years and have taught my kids the same.  It assures you you will have that money when it’s needed which makes Christmas and New Year a lot more enjoyable when you don’t have a pile of credit card debt like everyone else and no money to pay all of these things.  

I’ve done this through thick and thin.   Through is having to deal with health crisis and therefore not having regular income, new additions to our family, you name it. I say I still don’t know how we got through some of these times but this was a lot of the reason.  

Quickly add up all of those things that come due every so often. Divide the total for the year by 12 and that’s how much you need to have your bank automatically transfer to your “special” savings account every single month.  It’s that easy. Then if you happen to get one of those bills and it increases, down the road divide that increase by 12 and have that much more added to your transfer.  If you can’t afford this monthly then look at what you have that maybe needs sold.  You’re paying yourself first this way. Yes you can pay your car or home insurance monthly but it increases your premium to do so. This pays you for it monthly so you can pay the insurance company every 6 months or annually. Whichever costs you less!

Sit down. Make a concerted effort to rewrite your financial picture.  Stay on top of it. This is a resolution that will literally pay off!

#budgetnow #domorewithyourmoney #stretchyourmoney #moneysavingtips