Money on the mind? This is the time of year when the mailbox fills with financial statements, tax forms and credit card bills. Several readers have financial resolutions.
Saving money is easier said than done. Look for the easiest ways you can find first. Once you have a few of those mastered as life habits, take on the goals that make the most sense for your life stage. Consider the easy ones first because they are fun and EASY. Examples - save spare change, give up something you regularly buy and put the money aside (cigarettes if you smoke, latte if you favor that kind of drink, use coupons and SAVE the savings, etc.). If you are ready for a weekly or monthly savings goal, the 401k or IRA is an area everyone needs to look at these days. Open a savings account or investment that will meet your particular needs. Try creating something automatically deposited from your paycheck or deducted from your checking account. David Bach talks about these strategies in his book The Automatic Millionaire: A Powerful One-Step Plan to Live and Finish Rich.
Remember that goals are attained when they are specific, time focused and rewarding to achieve. What are your financial goals in 2007?