It’s that time of year when we start working to make good on our New Year’s resolutions — and one of the most common ones is to be better about managing our money. In fact, INC reports that one of the top five resolutions is to save more and spend less. Since January is Financial Wellness Month, it’s the perfect time to start putting those goals into practice.
Whether it’s opening a bank account for the first time, pinpointing exactly where you’re spending your money or finding easier ways to budget, getting financially “healthy” this year is within your reach.
Check out these five pointers for how to meet your financial resolutions, and you’ll be on your way to having a successful 2019:
Plan it out
The first step to improving your financial health is mapping out exactly what you want to accomplish. Whether it’s spending less on entertainment, saving more on groceries or simply organizing your budget, tools like Axiom Bank’s AxiomGO mobile app can help. The My $ Manager function lets you plug in targeted financial goals and keep track of how you’re doing. Set achievable short- and long-term benchmarks so you’ve got a plan you can stick to throughout the year.
Stay on top of your bills
Life is full of moving parts, and paying bills is no different. With multiple financial obligations, it can be tough to keep track of them all and ensure they’re paid on time. AxiomGO makes it simple to pay your bills quickly with the picture pay function, which allows users to take a photo of their bill and import it into the app for easy payment.
Learn the basics
If you’re opening an account for the first time, or have children who are preparing to graduate high school and embark on their own financial journey this year, it doesn’t have to be complicated. Get set up for success with a bank account using AxiomGO. The app makes banking easy and even provides an extra layer of protection by preventing overdraft missteps. It’s the perfect first step in learning to budget and become familiar with finance.
Go digital
In today’s fast-paced world, going digital makes sense. Whether you’re making a quick transaction or paying for your coffee at the drive-thru, going paperless is super convenient. AxiomGO allows users to complete fast transactions with the quick click of a button. The app, which recently celebrated its first anniversary, also launched a new feature that lets you sync your mobile wallets and cards with Apple Pay, Google Pay and Samsung Pay.
Give yourself a check-up
It’s important to set goals, but it’s even more crucial to track how you’re meeting them. Give yourself an annual financial check-up to see how you did and to stay accountable. Take advantage of review tools, like My $ Manager, so you can review your customized money reports on where you spent and how well you saved. By using these tools, you can determine what you need to improve moving forward.
Photo Credits: Axiom Bank
