New Year! New opportunities to get a handle on your life – make and keep resolutions about diet, fitness and finances.
Why not try to get your wallet into shape? Shrink your debt and add muscle to your savings!
Make your plan your mantra - Set a realistic goal – for example: “I want to have $$$ saved by date” or “I want to pay off my credit card by date.” Repeat your mantra when tempted.
Toughen up – Sometimes you must tell yourself “no” and stick to your budget.
Destroy debt –Pay a little extra on your credit card bills each month and you can make a dent in the money you owe.
Pay yourself first – If you have paid a little more on your credit and have a little extra in your wallet, don’t shop! Set aside some money for savings first. Look for an account that earns interest and is flexible to add money to. At NorthCountry, our Seedling Certificate allows you to open as low as $100 and add to it when you can—any time, any amount!
Check it out – If you must make a purchase, do your research. Often there are many discounts and sales at the beginning of the year. You can still buy items, but keep to your budget and goals.
Reward yourself – Met your monthly goal? It’s ok to celebrate but within your budget.
Simple ideas that can help you get ahead of your finances starting the first day of the new year!