A new year means a new slate, so let’s start off on the right foot. Is saving money your New Year’s resolution? Here’s how to do it!
The first step is keeping track of what’s coming in and coming out. This means taking note of all your expenses along with everything that comes in, as far as your income goes.
Once you’ve recorded those amounts, you’re able to start paying yourself. Pay yourself by setting aside a specific dollar amount to be instantly transferred into your savings account. That way you don’t get the opportunity to spend it before saving it.
Our last piece of advice is becoming a member of WayBeyond Rewards. We provide you with that extra wiggle room in your budget. Whether you need to save more on gas or groceries, or perhaps even nights out, our savings are unmatched.
Moving forward as you take on 2019 and all it has to offer, we have one last suggestion. Use the S.M.A.R.T method when it comes to any goal, and especially when it comes to money. Be Specific. Is it Measurable? Is it Attainable? Is it Realistic? What is the Timeframe for your financial goal? By answering all of these points, you’ll be able to pinpoint your goals financially in 2019. Not only will you be able to pinpoint them, but if you take our advice, you’ll have joined a fantastic community of money savers who just like you want to be financially proactive! Sign up today for free!