7 Tips for Gaining Control of Your Finances in the New Year

7 Tips for Gaining Control of Your Finances in the New Year

The new year is upon us, and that means it is time to start gaining control of your money and getting yourself financially stable. If you have been struggling with getting your finances on track, the start of a fresh year is the perfect time to get focused. If you aren’t sure where to begin, take a peek at these 7 tips for gaining control of your finances in the New Year so you can enjoy the financial peace you deserve.

1. Track your spending.

It can be a difficult to face reality when it comes to your day to day spending. Coffee stops, gas, dining out, clothing purchases, and other day to day purchases can all add up quickly. The best way to face what you are spending is to track your spending. Track your spending for 10 days to see where your money is going and to get a clear picture of where you can start cutting costs.

2. Make cuts.

Once you track your spending for 10 days, start making cuts wherever you can. See which purchases can be eliminated all together, and which can be cut back. Try to identify which ones were impulse purchases, and which ones you couldn’t honestly afford. Take an honest look, and see where cuts and savings can be found.

3. Practice saving methods daily.

There are so many ways to save money: clip coupons, price match, wait for sales, buy second hand, etc. Start utilizing these practices in your day to day life. Even if you haven’t in the past, now is the time to get into the habit of these practices in all areas of spending so you can start saving money wherever possible.

4. Opt for cash only purchases.

One of the best ways to get back on track is to opt for cash only purchases. When you avoid charging items, you avoid buying items you may not be able to afford. You also avoid high interest fees as well as late fees for late payments. Instead, opt to pay cash on everything so you are only buying what is truly in your budget at the moment.

5. Bring your family on board.

Hold a family meeting to let them know about the upcoming changes. If they know you are working on a tighter budget, opting for cash purchases, and utilizing various savings methods, they can best help you meet your goals and support your efforts. If you wish, you can also find a friend or buddy to take on this challenge with you. Support always helps!

6. Go on a spending fast.

When you go on a spending fast, you refuse to buy anything for the designated length of time. It can be a day, a week, or even a month. You will be amazed at how much you can save in this time period and how much “stuff” you really don’t need! You will also be forced to get creative, which is fun and challenging.

7. Find non monetary ways to reward yourself.

We often make purchases we can’t afford because we feel like we deserve them. Well, you deserve financial peace as well. Find non monetary ways to reward yourself for your hard work. Some ideas could be a nap or sleeping in; a visit to a local park, some free music downloads, etc. Find ways to spoil yourself without spending dough.

When you keep these tips in mind, you can enter the New Year ready to save and get your finances in check! Give them your attention and see if they don’t make a difference in your life.


New Year’s Hoppin Eve Giveaway!

Get ready for 2012 by entering to win tons of prizes! The “New Year’s Hoppin’ Eve” Giveaway Event is hosted by Matter of Cents and Our Family World. More than 100 blogs have joined together to give their readers several chances to win! Swagbucks is also sponsoring a Kindle Fire as the Grand Prize! Will luck be on your side when the Winners are chosen? You can’t win if you don’t enter. Good luck!

Thanks so much to Swagbucks for sponsoring the grand prize.  Swagbucks.com is the online rewards community that works, rewarding people for all of the things they’re already doing online – search, games, watching videos, shopping, surveys and more! The Swag Bucks earned by users have helped purchase everything from diapers to video games – it’s easy, it’s rewarding, and it’s 100% free!

Enter to win the Kindle Fire Grand Prize here after you’ve entered through the form below to win a $50 Amazon Gift Card from us at Shopper Strategy!  To enter just do any or all of the things listed in the Rafflecopter widget below.  Click ‘more’ below to view the form.  It may take a few seconds for the widget to load but if you have any problems viewing it just refresh your browser.

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New Year’s Roundup Kindle Fire Giveaway

Have you heard that Google is going to be getting rid of Google Friend Connect by March of next year?  They’re replacing it with their new Google+ service so I’m trying to figure out how to use it and I’ve got together with a group of fabulous bloggers who put together this neat New Year’s Roundup Giveaway to celebrate getting started on Google+ !  Here’s what you could win:

Grand Prize:  Kindle Fire + $25 Amazon GC (US / Canada)

1st Runner Up:  $50 Paypal Cash (Worldwide)

2nd Runner Up:  $25 Paypal Cash (Worldwide)

Entering is super easy, all you have to do is add us to your Google+ Circles through the giveaway form below!  If you’re not already on Google+ then this is a good excuse to get started and you don’t even have to sign up or do anything special if you already have a Google login.  You could also ‘like’ a few Facebook pages for additional entries if you want.  This giveaway will end at midnight on January 1st.  Have fun and good luck, I can’t wait to see you in my circles!

Click ‘more’ below to view the entry form.

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News Years Goals and Resolutions

I love this time of year – I enjoy making a list of my resolutions and goals for the new year, and taking stock of how I did on last year’s.  I’ll write up a list of personal, financial, blog and business goals and keep it in the front of my calendar so it’s easily accessible, and I’ll make a point of taking the list out and reading it a few times during the year.  That way I can make sure I’m on track and hopefully see how well I’m doing on the list.

Here are a few of the highlights from my list for 2011:

  • Get more organized!  (seems like this makes the list every year)
  • Live within a household budget of $375 per month.
  • Lose 10 pounds, five before Blissdom 😉  (also on the list every year!)
  • Pay off all credit card debt.
  • Complete my masters degree (hopefully by summer).
  • I also plan to bring you all more tips and strategies, and lots of fabulous giveaways!

So what are your goals and resolutions for 2011?  Do you have a list?  Remember, if you aim at nothing you will hit it!


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