We tend to start with lofty goals but can sometimes end up disappointed when we fall short. So instead of trying to do a total overhaul of your finances, let’s start small first.
If you have a 401K, good for you, now increase your contributions by just ONE percent. That’s all it takes but you’ll be pleasantly surprised that 1% can go a long way.
Decrease your spending in TWO categories. Maybe cut out that expensive treat at the grocery store. Only eat out once a week instead of twice. You’ll find out by the end of the year there’s extra money in your account towards savings or a vacation.
If you have credit card debt with an interest attached, make a THREE percent increase on debt payments. This deceases the interest and will pay off your debt much faster. Or the best advice – pay off your credit cards balances in full every month and think about how all that interest you were once paying is now available to you for something else.
Frank Money here – I find that