Hello 🙂
At some point in our lives, we have all made resolutions for 2023. Now is the ideal time to make a fresh start and a promise to transform yourself this year.
There are many common resolutions, like
- Getting in shape,
- Eating better,
- Traveling more, etc.
All of these are worthwhile goals to pursue, unless your financial position is what’s preventing you from living your best life. As your financial partner, here are 3 Ways to make the best of your finances this 2023.
1: Track your Spending with a Budget
You’ve probably heard about a hundred times already about how vital it is to have a decent budget, so what does it harm to hear it one more time?
Budget, Budget, Budget 🙂
Create a budget, though, that matches your lifestyle, not just any budget! In other words, if you enjoy going out a lot, budget your trips or even gradually replace your expensive outings with free activities. Do all you can to make sticking to your budget easy.
2: Schedule Bills and Avoid late Fees
An essential part of taking charge of your financial life is making on-time payments on your bills. Knowing when your payments are due and making it a practice of paying them on time may help you feel less stressed and save money.
Making sure that payment due dates coincide with your salary or other sources of money will help you manage your finances and keep your bank account in the red
You can also Pay and Schedule your bills with the Stellas App and avoid late fees
3: Vault up your Savings
Saving just a little something is a lot better than not saving anything at all. Factoring savings into your monthly budget should become a priority, and your future self will thank you!
If you’re struggling with how to save money, not to worry, watch the video below on how to save and earn 15% of your savings annually using the Vault feature of the Stellas app.
