The new year – and a new decade – is here! As singer/songwriter Brad Paisley once said, “Tomorrow, is the first blank page of a 365-page book. Write a good one.”[1] So now might be the perfect time to take a look back at your financial picture in 2019 and to consider some effective ways to plan ahead for a happy, prosperous 2020.

Budgeting: Bring Your Financial Picture Into Better Focus

Did you work within your budget to help manage your monthly bills and expenses?

Financial Tip:

A budget can be done with pencil and paper, in a journal, and with various computer software programs or apps. Some people find it a perfect starting place to bring their financial picture into better focus.

Consolidate Debt: Simplify Your Life With One Monthly Payment

How did you manage your credit card debt and other bills?

Financial Tip:

Some people find that fewer credit cards are better. That way, you don’t have multiple cards with different interest rates and due dates. This also may help avoid additional late fees and extra charges. A debt consolidation loan can offer you a single payment each month with a fixed interest rate.

Emergency Fund: Be Prepared for the Unexpected

Were there any large unexpected bills or expenses you didn’t plan for in 2019?

Financial Tip:

Unfortunately, things like a roof repair, refrigerator breakdown, new tires, medical bills and more can happen at any time. That’s why it’s always good to have an “Emergency Fund” or other possible sources of money on hand to help cover these surprise expenses. It’s good to know it’s there if and when you need it.

Big Improvements: Investing in Sizable Updates

Were you thinking that next year just might be the right time to update that kitchen with a new remodel? Maybe your trusty ol’ car is at the end of the line, and it’s about time to replace it?

Financial Tip:

Lots of people turn to local lenders who offer products and solutions to better serve their customers’ personal needs and individual situations. Having a nearby source of financial support can help you set up a realistic payment plan tailored just for you.

Give us a call today to learn more.