You’re about to bid adieu to 2024.
Exhale and get ready for 2025.
It’s a good time to reflect, and that should include your finances too.
How did you do financially?
Are you better or worse off than at the beginning of the year?
What lessons did you learn?
Is everything a blur?
No worries, we’ll make it easy for you.
Anemergency fundis a Plan B.
Most financial experts recommend having at least three to six months of expenses saved.
How to make that happen?
Use your industry knowledge after hours to bring in income.
Drive Uber; deliver for DoorDash.
Get control of your grocery bill
You’re still shaking your head overgrocery storeprices.
Despite the fact that they’re not likely to drop dramatically, vow to spend less next year.
For starters, don’t shop when hungry.
A growling stomach can lead to impulsive and unnecessary purchases.
Secondly, don’t kid yourself into thinking it’s possible for you to wing it.
Shop with a list and stick to it.
In 2025, create a budget for wedding-related expenses before the wedding season starts.
How much can you afford to spend?
Don’t feel pressured to buy the most expensive gifts on the registry.
Curb that online shopping habit
Truth is,online shoppingcan be addictive.
If you went wayward in 2024, strategize now for how you will change your behavior.
Delete the apps that are tempting you.
Instead of shopping, read, meditate, go for a walk.
Maybe you shop when depressed.
When the blues hit, put your phone or laptop down and do something else that gives you pleasure.
Improve your credit score
Three digits you should almost be obsessed with are yourcredit score.
To improve your score, pay your bills on time and use credit sparingly.
Have a specified amount taken from your paycheck and deposited directly into your savings account.
Start with $50 a month and painlessly save $600 a year.
The numerous options can be dizzying.
Pick the right card for your financial situation, needs, and goals.
Read the fine print.
Be clear about whether there is an annual fee and how much it is.
What is the interest rate?
