Budgeting is certainly a lifestyle change and if your New Year’s resolution was to live by a budget, you could be experiencing burnout by now. Lifestyle changes are difficult, however there are ways to beat budget burnout and stay on track financially.
If you want 2017 to better financially than 2016 you really need to have a plan. It doesn’t have to be complicated, sometimes a simple plan works the best. A plan based on foundational aspects of money management can actually be easy to follow and requires only 6 steps.
The holidays are in full swing now and for many work and family life are transitioning to holiday mode as well. For your finances you can’t really take a break if you want to be financially successful. Now is a critical time to stay focused and not make financial mistakes that can start your 2017 off in a financial crunch.
If you have a desire to make 2017 better financially than 2016, a great place to start is to review what is working and not working in 2016. This will help you be more successful in 2017, especially if you had a few hiccups financially that proved challenging to overcome.
While you may not be ready to begin saving money during the holidays, the New Year is a great time to start once the hustle and bustle is over! To have the greatest success, it’s important to set practical goals you can achieve. FORUM can help you do this with our 52 Week Money Challenge. With this plan, you can save money incrementally throughout the year.
Helpful financial advice can be found everywhere. The key is understanding and taking action on the tips we hear so often. Understanding how you live within your means or what it takes to save early and often for retirement is not always as easy as it seems. The way in which you follow the advice is key to developing a solid financial future.
As you plan for retirement, there are sure to be glitches along the way. But it is important to know that there is always time to make a correction. Whether you’ve been planning for years and years, or only a few months, you may benefit from taking a look at these common planning mistakes and how to correct them.
If your son or daughter is heading to college this fall, both you and your child most likely have a lot on your mind – finances, meeting new people, choosing a major, and more. With all of these conversations happening, it’s a great time to talk with your child about the basics of budgeting, establishing credit, and opening a free checking account.