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Tips for Fit Finances in 2012

Informa Research Services


(12/30/2011) CALABASAS, CALIFORNIA – It’s the end of the year and resolutions for 2012 abound.  Is slimming down your expenses and shaping up your finances among your resolutions?  Do you need to pump up your savings?  Follow some of the same ideas that make weight loss successful and watch your savings grow!  Informa Research Services, a subsidiary of Informa plc (LSE: INF), offers these helpful tips to get your finances in shape for the new year
(http://www.erate.com/certificates_of_deposit_cds_options.htm).

Instead of looking at your New Year’s Resolution as a temporary stint, think of these changes as creating new healthy financial habits.  View your new spending and saving habits as permanent changes and reap the benefits over the long run.

Setting realistic goals can help motivate you to keep up your newly adopted habits.  Similar to weight loss, set intermediate goals in addition to an overall goal.  For instance, if your goal is to save $1,200 over the entire year, plan to save $100 each month.  These smaller milestones should keep you on track to your larger goal.

Additionally, find a high yield savings account that you can use solely for building your savings.  The best rates can be easily located using online rate tables such as those featured on ERATE.com.

Don’t be afraid to take advantage of scheduled transfers and automated BillPay.  Schedule a specific amount to be transferred from your paycheck or checking account to your dedicated savings account.  Putting your savings on autopilot when possible will ensure that no matter how busy your life gets, regular contributions are being made to your savings efforts.


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Permission is granted to reprint this release in part or in its entirety as long as source credit is properly listed.
About Informa Research Services, Inc. (www.informars.com)
Since 1983, Informa Research Services, Inc., has provided the financial industry's most extensive array of market research, mystery shop, and decision-support information.

 

 



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