2017 is right around the corner and it’s now time to start thinking about all the things you want to change or bring into your life for the next 12 months. Whether you are planning on getting fit, climbing the career ladder or seeing more of the world you are going to need to find a way to fund it!
Here’s where you realise that some resolutions are not equal to others: some have a larger impact on your life than others.
These are the best resolutions to make if you want to boost your finances and make 2017 the most profitable ever!
Pay off debt
This is one of the most popular money-related resolutions that people make, and it’s clear why. Reducing and eventually clearing any debt is going to leave you with more disposable cash and even more importantly, reduce the stress of paying any money that is owed. If you want to jump on board the debt-free wagon, make yourself a solid budget and plan about how you can clear your debt quickly, but soundly (so that you don’t leave yourself short every month). Read about the best budgeting tools here, and get started!
Get retirement ready
Less of a resolution and more of a life plan – getting saving for retirement is something we should all be doing. If you need to get your plan together then now is the time to do it. Find out if your company offers a pension scheme – many will match your monthly contribution so it’s worth having a look at what’s on offer. Also consider making your own savings that you contribute to every month automatically, so that you aren’t tempted into skipping any payments.
Sort out your banking
Another smart financial move is to make sure you are getting the best from your banking service, and if you are not then make the switch – Monese is a great option! With Monese you can get your own UK current account in less than 120 seconds, just using the app, your Passport or National I.D card and any EU address. Once you are signed up you will get your own contactless Visa card, have access to low transfer rates (we are up to 8x cheaper than traditional banks!) and unlike pre-paid cards, with Monese your employers can pay you directly into your account. Find out how you can get your Monese account here.
Remember that creating resolutions needn’t be a chore. Think of them as being new targets and areas of positive change in your life, not as a task that needs massive amounts of time and effort to achieve. Having a focus in mind for the upcoming year is going to make sure that you know where you are headed. Creating a financial resolution makes sure you can give yourself some structure, making sure that you can get maximum fun and excitement, without risking it all! Make the changes now and you’ll continue to reap the rewards for many years to come!