Financial New Year’s Resolutions You Can Keep

Published on December 18th, 2018

It’s easy to make resolutions, but not so easy to keep them. Sometimes you just don’t have the time or forget about them and give up by February. The key for setting any type of resolution is to set an attainable goal that will benefit you for years to come. Don’t make your resolutions too general and don’t aim too high. In order to maintain financial resolutions, we suggest working with our credit union near Elmhurst to set realistic goals.

Paying Bills

Life gets chaotic and a goal such as “Pay my bills on time” is hard to keep track of.  Instead, make your resolution to set up automatic payments so that your bills will be paid on time.  Even though your bills are being paid automatically, it is still important to track your spending to make sure you always have enough in your Checking Account to pay those bills.


Setting a resolution to save more money is too vague; instead, pick an amount that you want to set aside per month to add to your savings. Another resolution could be to reduce spending, which goes hand-in-hand with saving. Look over your spending from the past year and choose a category that can be reduced. Two popular categories for this are entertainment and dining out.


Again, “Pay off debt,” is too vague and you will never do it unless you make a plan to pay off a certain amount each month.  Based off of your income, you could try setting a yearly goal; just make sure it is attainable.

If you want help setting goals or have any questions about your account, stop by your local credit union near Elmhurst, Leyden Credit Union.


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