We all have dreams. It could be a house, a closet full of designer things, travel, or build a family and give them a wonderful life. Regardless what you are working towards now is the right time to put your finances in shape to let you reach your goals.
Here are 5 simple ways to achieve your money goals according to Apartment Therapy:
Watch your account daily
Daily? Yes, daily! Just think of it as one of your social media accounts that you are willing to spare some time on. Download a banking app on your phone and put it to the front page so you have no excuse of forgetting it. Account your day's transactions and when something seems amiss, take action.
Make a plan to pay down debt
It's not just a smoke in the air that you can watch and wait to disappear. Unless you do something about it, your debt will be just there waiting for you. There are several ways to pay off debt; depending on your financial capacity, there is always a plan that will work for you without putting you financially unstable.
Automate your savings
Are you having a hard time saving? Then automate it. Your bank should be able to help you with this. There is this program which allows the bank to transfer $1 to your savings account every time you use your debit card. If you do debit transactions on a regular basis, you will end up inflating your savings without you even noticing it.
Review your recurring expenses
Subscriptions and scheduled charges are expenses that you need to deal with on a monthly basis whether you like it or not. Make a sit-down moment and review these expenses and weigh which ones are worth the cash you're spending. If you can't give up Netflix, then maybe you can do without Spotify.
Keep your goals top of mind
Regardless how big or small your goal is, use it to keep your daily expenses in check. Make reminders of these goals that will keep you from swiping that credit card.
