point, but this year I am getting down to the wire!
on budget for Christmas. Actually, this
is the first year Matt and I have actually sat down and done a budget for
Christmas. Usually we decide about what
we want to spend, but then we don’t stick to it. This year, this year was different.
Christmas spending. If you go overboard,
you end up starting the New Year on a sour note.
survey found that only 1/3 of Americans felt they accomplished their
financial goals in 2015.
prepare for our own financial goals is to utilize the 360 Savings at Capital One. These accounts have no fees
and no minimums, and are perfect for categorizing our spending and savings
Savings accounts – all for free – and name them all different things. This helps me to stay on task what we are saving
to use the Automatic Savings Goal tool. This allows us to automatically have money
transferred from our checking account into the different savings accounts periodically throughout the month. Having the money moved right when our check
hits the checking account helps us to stay on track financially.
2016. One that we are planning on
concentrating on is putting more money in savings.
allows users to track progress, stay motivated, and celebrate milestones along
of our savings together. To see “heating
oil” on an account, I know exactly what that account is for, and I don’t have
to worry about using it for something else. It also makes budgeting for big ticket items a lot easier. Knowing we have a fund especially for home maintenance, or new car, helps us to visualize our savings goals, and easily see the progress we are making, rather than looking at one account for everything.
What are some of your savings goals for the New Year?