Savvy Saving: Getting Ahead This New Year


This is a contributor’s blogpost …


As the New Year is in full swing, it might be time to step back and evaluate your financial situation. You may well be on top of all of your spending habits, but if you haven’t already created a saving plan, now is the time. You don’t want to spend your year living a frugal life, nor do you want to spend money that you don’t have. The time has come to get on top of your finances and I am here to show you the way. Pick the stage which most applies to you and attempt to tackle it by the end of the week. We often live by the motto ‘I’ll do it tomorrow,’ but when it comes to money it’s best to confront it head on.


Dig Yourself Out Of Debt

Before you can start saving you need to try and settle any ongoing debt that you have built up over previous years. If you have no idea where to start you should seek the advice from an expert. They might recommend that you look into debt consolidation loans. This may help you get on top of your bills and start paying them off in a realistic way.


Change The Way You Spend

Flick a switch in your brain and alter the way you spend your hard-earned cash. Think about money as a day’s work and your mindset will completely change. Instead of frivolously shelling out for a new dress or shirt, think about how many hours of work you need to do to pay it off. I bet it doesn’t seem as appealing now right?

Use one of the many beneficial apps out there to track your spending too. You will soon notice where your cash is disappearing to and you’ll be able to curb your habits more effectively. You may notice trends in the way your money is withering away, so take action and stop yourself from overspending now.


Make Long-Term Money Plans

You might have specific plans for your money and important events you need to save for. Perhaps it is a big family holiday, or even a wedding. The money for big things like this won’t appear out of thin air, you need to plan how you’re going to save it. Set yourself a budget monthly and give yourself a goal to set money aside. This will make saving a breeze and you might actually be able to meet the aims you set for yourself. Every successful person has a method to their mission, so be one of those people and be proud of it.

Get ahead this year and you won’t ever look back. You are your own boss when it comes to spending power, so take it seriously and embrace every penny you have. Once your financial situation is under control you will feel more content in your day to day life and you will be able to start saving for long-term investments.


Author: Urban Ponder Writing Team

Leave a Reply

Your email address will not be published. Required fields are marked *