It's that time of year again—new beginnings, fresh goals, and those ever-so-ambitious New Year's resolutions. But let's be honest: how many of those grand plans make it past February?
When it comes to your finances, we're all about setting goals that are practical, achievable, and maybe even a little fun. Here are five financial resolutions you can stick to this year—and feel good about doing it.
Automate Your Savings (And Forget About It)
Saving money doesn't have to involve mental gymnastics. Set up automatic transfers to a savings account every payday, even if it's just $20. You won't miss the money if it never hits your checking account, and over time, you'll build a financial cushion without lifting a finger. Call it the "set it and forget it" method—like a crockpot for your finances.
Cut One "Oops" Expense
We all have that one spending habit we know we could do without. (Looking at you, late-night delivery fees.) This year, pick one thing to cut back on. Just one. Swap delivery for cooking once a week, skip a subscription you forgot you had, or make coffee at home. You'll be amazed at how those small changes add up over time.
Finally Make a Budget You'll Actually Use
A budget doesn't need to be a spreadsheet masterpiece. Keep it simple: track what's coming in, what's going out, and leave some wiggle room for the occasional treat. Apps can help make it easy, or you can go old-school with a notebook. Think of it as a game plan for your money—simple, straightforward, and guaranteed to keep you on good terms with your future self.
Unsubscribe from Unused Services
Remember that streaming service you signed up for during the pandemic? Or the gym membership that hasn't seen you since 2021? Take a few minutes to comb through your subscriptions and cancel what you're not using. Review your bank statement, cut the dead weight, and enjoy the sweet satisfaction of fewer monthly charges—and fewer guilt trips.
Check Your Credit Score Without Fear
You don't need to be afraid of your credit score—it's not a monster under the bed. Checking it regularly helps you spot errors and track your progress. Many credit card companies and apps offer free access to your score. It's like a financial selfie: a snapshot of where you stand, with room for improvement.
Small Steps, Big Wins
The best resolutions don't require a complete life overhaul. By focusing on small, manageable goals, you'll see progress without feeling overwhelmed. So go ahead and take that first step, and don't forget to follow through this time.