The Holidays have come and gone. And in the aftermath of steep holiday spending, it’s easy to get lost in the dust. Getting back into the groove of minding your money takes time.
These 5 financial resolutions are the perfect pick-me-up for the New Year (because who doesn’t love an easy to-do list??). Here’s the breakdown to keep you moving and grooving through 2023.
Automatic, supersonic, hypnotic, funky fresh savings.
Life is expensive! Especially when you have your sights set on a vacation, home renovation, or even the creation of an Emergency Fund (which is a whole ‘nother topic we tackled here).
Setting aside savings is a crucial step toward your financial health. And the best way to make sure saving gets done? Automate it! From your 401(k) to your emergency fund to your monthly bills, automation is the #1 way to keep you making money moves. Here’s the best part: your Altana app makes automating everything a breeze from your desktop or the palm of your hand using Money Manager.
The 4-1-1 on the 401(k).
If you find yourself without a 401(k), you’ve got options! While today likely isn’t the day you’re retiring (insert sad trombone sound here), today is the day you should think about opening an IRA. The sooner you begin growing your retirement savings, the better.
Everyone rocks retirement a little differently, but no matter your style, there’s a path for you! Finding it is easy with the right experts. Hey, we know a few!
“Cut. It. Out.” – Uncle Joey, Full House.
With so many subscriptions, it’s hard to track which you’re still actively enjoying! The average person underestimates how much they spend per month on subscriptions. The New Year offers new motivation to cut out streaming networks, music subscriptions, smartphone apps, or other unutilized miscellaneous expenses. Because $10 isn’t a lot, but $10 monthly per subscription you aren’t fully utilizing anymore? We love to see it.
Keep your credit in check.
A good credit score can save money when you borrow for cars, homes, or even credit cards. A score increase of even 50 points can make a huge difference in your interest rate and payment amount. So, we’ve made keeping tabs on your credit a cinch!
Our Altana mobile app organizes your credit history in one easy place! Analyze your score, dig into your report, and use the score simulator to see your score in action.
Grow empowered with Greenpath!
Do you need a little nudge when keeping your financial resolutions? Our partner GreenPath provides caring Financial Wellness Experts to assist in starting your year strong! GreenPath works with thousands of people each month to pay off debt, improve credit and lead a financially healthy life. Ring in the New Year, and then give them a ring! The call is free and confidential.
This blog is shared in collaboration with our partners at GreenPath Financial Wellness, a trusted national non-profit.