Transcript
A new study finds that most of us have a money related New Year’s resolution we want to accomplish.
If the goal is getting money on track in the new year, now is the time to act.
According to a new Fidelity Investments survey, there are three top money-related resolutions for 2020: save money, pay down debt and spend less.
If one or all three of those are on your list, financial experts say follow these three tips.
Number one: set up auto savings.
This means scheduling transfers from your checking account your savings account every pay period.
Number two: track your spending and stop being wasteful!
Download free apps or software that categorizes spending.
Number three: plan for some guilt-free cash.
As you’re working towards saving money, paying off that debt and staying within your budget, make sure you also set aside some money for fun.
That way you won’t burn out.
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