Home Care near Gainesville, GA – January is National Financial Awareness Month
The beginning of a new year is a great opportunity to start new goals. Some people call them resolutions. January is National Financial Wellness Month, a great time to try to get your finances healthier and more in order. Some people may resolve to cut their spending, boost their savings or be more actively involved in investing. Any way you look at it, it’s a great time to analyze all areas of your finances and see if a new plan would make some improvements to your situation.
There are 5 areas you can work on to try and achieve your financial goals.
1. Know what your expenses are.
“It is imperative to know your fixed expenses and how you are spending your money. It is the first step in determining where you could ‘trim fat’ if the circumstances required it. With dozens of bills, it’s easy to forget exactly what you’re paying for. Having a grasp on these bills and their importance or frivolousness will help you determine a baseline for daily living expenses.”
2. Put money away towards your retirement.
Some employers have programs you can contribute to, and they will match your contributions. See what’s available through your work place. It’s not a good thought to be short on finances during the last decades of your retirement. Make a plan and stick to it.
3. Create a budget you can stick to.
Your money coming in should be greater than your expenses going out. It’s important to have a budget to see what’s happening with your earning vs. spending. Having some emergency spending money is also essential.
4. Get the advice of a tax and/or financial planner
Tax rules change often and there are many revisions and adjustments to keep up on. Having a professional help you set up your financial plan is a great idea.
5. Watch out what’s happening with your credit
Paying your bills on time and checking inaccuracies in your credit rating is essential to keeping a good credit score. This could influence future borrowing, employment, and qualifying for mortgage or car loans.
This great 5-step plan is found at http://www.ino.com/blog/2014/01/january-is-national-financial-wellness-month/#.VKXufXuPZ98. You can go to that page to learn more.
Does your elderly loved one need a little extra daily help with tasks like bathing, dressing, doctor’s appointments and meal preparation? Consider hiring home care services. A trained and expert caregiver can provide loving companionship as well as daily assistance.
The caregivers at Home Care Matters are available to talk with you and your family about all of your elder care needs. Home Care Matters is a home care agency providing quality and affordable home care services near Gainesville, GA and the surrounding areas. Call (678) 828-2195 for more information.