Personal Finance Resolutions for 2019– The Finest Ways To Stay With Them

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Let’s be sincere, 2018 was a roller-coaster trip. Among the many downs, we had many ups also– which brings the question, are we in for a similar experience

in 2019? One thing’s for sure, it is still up to us to handle our expectations properly. Always remember, setting an actionable resolution brings you one step closer to managing your long term monetary objectives!

Automating Your Financials

Make your life easier this New Year.

If you have not currently, automate your financial resources in 2019 to assist keep your financial objectives on track. Where should I start?

For starters, begin with the most basic expenses and work your method up

  1. Expenses– Automate your payments by using GIRO reductions. That method, you keep your expense payments on time while avoiding unneeded fines
  2. Cost savings -Constantly get ready for rainy days! Reserve a minimum percentage of your monthly wage to form a yearly emergency fund

Managing Your Debt

No one wants to begin their year taking a look at their debt accounts.

It is difficult, however we have actually got to get through it. That said, we can make this job simpler utilizing 2 easy, yet efficient techniques.

  1. Noting all your debts in order
  2. Adopt the Financial Obligation Snowball Method or the Debt Avalanche Method

Both methods are suggested to attain the exact same results and should function as a practical debt tracker.

Click on to find out more on these 2 techniques!

Cost Tracking

In part, it’s not hard to imagine this as one of our Brand-new Year’s resolutions.

In reality, I’m quite sure this consistently makes one of our leading resolutions every year.

For simpleness, stand out or google sheets are a great method to track your expense in an easy to access format!

We suggest keeping your sheets as minimalistic as possible, keeping information uncluttered and in a quick-read format.

23/12/18 Muji Note pad Presents Debit Card DBS Muji $19 Secret Santa Gift Exchange
24/12/18 Atlas Bar – 2 Mixed drinks Drinks Money NIL Atlas Bar $60 Christmas Eve beverages
Regular Monthly Total Cost $ X

Or if you ‘d prefer a totally automated system, mobile applications are the way to go!

Do not hesitate to give the Seedly mobile application a try ! It’s completely totally free with ZERO in-app purchases.

Upgrading your way of life

So far, we have actually spoken about minimizing, growing or managing our loan. What about exploiting our money?

All things considered, December has been a great month therefore far. Particularly, deals from major retailers do not appear to be stopping anytime soon.

Simply to name a few:

With the extension of its services island wide beginning broadStart will we, as consumers, finally experience the return of competitive pricing again?

Click on to check out our experiences therefore far!

How about the widely publicised SIM-only strategies just recently?

Click to see our contrasts across all the readily available retailers!

Already preparing your journeys for 2019’s long weekends?

Click to check out Youtrip’s mobile wallet!

Structure Your Knowledge

If you follow our community pages, you would have stumbled upon a vlog recounting a member’s “inexperience” with investment/savings understanding early on.

You can access the video here. Again, understanding is power. Despite our respective starting points, it is never far too late to start your knowing journey.

Particularly, joining social community groups or checking out online blogs are useful especially for novices.

As an introduction, take a look at a few of Seedly’s life-stages guides!.?. !! Neighborhood Interaction

Or possibly checking out possibly too labour extensive for you.

You might attempt asking concerns straight on numerous neighborhood platforms to acquire quick, honest responses or feedback without needing to always navigate and understand a myriad of details by yourself.

Here is a couple that we personally take pleasure in:

  • Quora
  • Medium

Actionable Plans

As with all personal tasks, the key to success lies with smart preparation. While impossible objectives may appear splendour at the start, understand that the key to enduring inspiration eventually also focuses on reasonable targets.

  • Set an actionable timeline
  • Lay out the specific steps needed to attain these objectives
  • Prepare for contingencies. If timelines can’t be satisfied, set a (what-if) alternative
  • Partner up (if possible!)

Kick-Start Your Journey

! With all that stated & & done, what next?

Thankfully, our individual finance journey is never ever simply one fast repair.

Keep a close eye on our neighborhood pages in addition to our blog for your day-to-day dosage of personal financing knowledge!

Most significantly, join us at our first-ever Personal Financing Festival!.?. !! Learn from industry professionals, get influenced by our peers and ultimately, walk away with a deeper resolution to grow your finances progressing!


Join the conversation, get motivation or request advice at our New Year’s Resolution thread!

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