6 financial New Year’s resolutions you can actually keep.
So we’re a month into the new year. By now, our desire to “change” has started to dwindle, statistically speaking. But the one resolution that you should try to push through is to grab a hold of your financial plan and see it through. But, let’s face it. With the glow of the holiday season, now faded, and the inevitable arrival of last month’s bills arriving in your mailbox, it’s an admiral goal, but a tough challenge. Like exercising, though, financial health is something you need to visit every day. It’s not a one-and-done achievement. So, in the spirit of the resolution season, here are some realistic financial goals you can set and keep in 2019:
1. See where you stand
Before you can make any changes, you need to know what you own and what you owe. Use a spreadsheet to record your assets and liabilities including your home, car, savings, and investment accounts, medical, dental, life, auto, and home insurance policies, revolving credit, automated subscriptions, services like pest control, lawn maintenance, TV, internet, and phone charges…and anything else that involves money coming in or going out the door.
2. Build up your emergency fund
An emergency fund is like insurance. You may not need to use it any time soon, but it’ll save your financial life if you do. You could be living comfortably at the moment, but whether it’s an unexpected home repair, sudden job loss, or large medical expense, it can cripple your financial stability.
3. Create and stick to a budget
The old “stick-to-a-budget” advice. But listen: the amount of Americans who spend their hard earned money without a budget in mind is astronomical, and it’s a big reason our finances are a major source of worry and concern.
4. Pay down your debt
Life is expensive, you need certain things, everyone has it, so some amount of debt must be fine. Debt can be used for good—like when you need a mortgage, but, it can also spiral out of control.
5. Stop buying stuff you don’t need
Selling your unnecessary or no longer used stuff is one way to recoup a small amount of what you’ve spent on these things, but the best way to regain that money is to avoid buying it altogether.
6. Create an additional income stream
Any side hustle can help you pay down debt, increase savings, build your investment portfolio, or even retire at an earlier age. Turn a hobby into a small business, turn your talent into freelancing, sell your stuff on eBay or your creativity on Etsy.
For the entire list and tricks, click here.
#MemberAppreciationMonday – Snow Mountain!
As part of #MemberAppreciationMonday, we are giving our members special perks, simply for being one of Georgia’s Own. As part of our next offer, enjoy discounted tickets to Snow Mountain* at Stone Mountain Park in January and February.
As member of Georgia’s Own, get a Snow Pass for a special rate of $22 on the Sundays listed. From snowman building to snowball shooting, tubing to togetherness, enjoy all the moments that will make for the perfect snow day. Each pass includes a two-hour tubing session and all-day access to Snowzone and Little Angels.
- January 22nd
- January 29th
- February 5th
- February 12th
- February 26th
To take advantage of this offer, click here. Capacity is limited. Advance reservations required to guarantee your space.
#MemberAppreciationMonday is one way that Georgia’s Own is working to surprise and delight our members. Please check back the first Monday of each month for a new offer or discount.