Spring Forward with Good Habits

Spring is a season of fresh starts and a perfect time to begin healthy, productive habits. Once they become part of your regular routine, they get easier, and the benefits really add up. This is especially true for managing your finances. 

Make saving for your future a priority
A simple habit to start with is contributing to your retirement plan at work. The deductions can be made automatically and help you build a cushion for future needs. Once you start setting money aside, try to increase your salary deductions by 1% every year. 

Create a budget and stick with it
Track your expected spending in advance, and then use your actual spending as a guide for the future. If certain expenses are too much for your budget, make adjustments. 

Automate your bill payments
Setting up automatic payments each month for rent or a mortgage, credit cards, car insurance and utilities can help ensure your balance is always paid on time. This, in turn, can help avoid costly late fees.

Plan your finances in a way that works best for you
There are a few things you can do to stay on track. Build reminders into the calendar on your phone, including alarms or notifications. Write entries in a datebook or wall calendar. Use free budgeting apps or a spreadsheet on your preferred device. Starting and maintaining smart habits can help give you financial security now and in the future.