It’s a new year, a time to start fresh and dream big. When it comes to setting goals for the coming months, saving money is always a popular one. We want to help you not only save money but protect the things that are important to you as well. So we’ve laid out our top 5 [financial] New Year’s resolutions to help you feel more secure in 2019.
- Set your financial goals for the new year.
Do you want to pay off debt, set up an emergency fund or college savings plan for your kids? Maybe you want to put more away for retirement. Whatever your dream is, talk with your financial rep about how you can take the first step to achieve your goals.
- Create a budget that supports your goals.
Getting an overall view of your income and expenses will help you plan a strategy for achieving your goals. Try creating a simple spreadsheet or using an online budgeting tool to get started. Check your budget often to be sure you’re staying on track.
- Look for ways to save money on insurance.
Your rep can look to see what discounts you may be eligible for (did you purchase a home security system or put on a new roof recently? Talk to your rep to see if you qualify for a discount). Your rep can also talk with you about other money-saving strategies such as bundling or changing your deductible.
Read our tips for saving money on your auto insurance.
- Talk to your insurance representative about coverage for your new expensive items.
Did you receive a new smartphone, expensive jewelry or other high-cost items for Christmas? Talk with your insurance rep about insurance protection for them.
- Prepare for the unexpected.
Use your smartphone to take a video record of all of your belongings in case you ever experience a fire, tornado or other disaster situation. It only takes a few minutes and it’s much easier than trying to remember each item in every room, drawer, closet, etc., after a loss.
Taking simple steps to protect your property and set goals can get you on the right foot in the new year.
Submitted by COUNTRY Financial
