Gain Financial Confidence in 2017
“Happy 2017! I feel so old thinking Y2K was 17 years ago…goodness. How was your Christmas? We traveled some, ate a lot, and spent so much quality time with family! This year I think my favorite moment was baking a birthday cake for Jesus with Chickadee. She has really gotten into celebrating people this year, especially around their birthday. So it was really special for her to want to go all out for Jesus’s birthday party! It’s sad to think the Christmas season is once again 11 months away. However, just because the holiday season is over doesn’t mean a season of giving cannot continue!
I am once again teaming up with SunTrust and their #onUp movement to talk about financial confidence as we raise a family on one income. I am happy to say that we stuck to our Christmas budget as we shopped for those we loved this December. As we begin a new year, finances are again on our mind as we plan out house projects, preschool, family trips, and other changes coming in 2017. III and I sat down during naptime today to talk about what we need to do to hit our savings goal for 2017. What is a reasonable about to spend on groceries? How much will preschool cost if we send both Chickadee and Sprout? Is it a reasonable decision to buy a new car? So many things to think about in the new year. Thankfully, SunTrust is again here to help.
First, take this Mental Wealth Quiz. I just completed it, and I’m feeling pretty good about the results. One suggestion SunTrust had about my mental wealth was to “step back from your financial flow and examine what matters the most to you.” I agree. Prioritizing our spending is important. They also suggested writing down a “long-term savings goal & one thing that we aren’t doing that we could to start achieving that goal.”
One goal that we have for our home is replacing the flooring downstairs with new hardwoods. We need to have an estimate done so we know exactly how much money we need to save. Then maybe we can designate a specific part of our savings to this project, making sure we don’t dip into the money we are saving for other purposes.
A few other areas we are planning to start saving for are college funds, adoption, a new car, and retirement. Financial resolutions are part of the top five of resolutions every year. Let 2017 be the year you reach those financial savings goals! Need more direction for where and how to start. Let SunTrust be your guide by using their TOOLS page. Here you can crunch some numbers and assess your money choices. Start making a difference today!
At SunTrust Bank their purpose is lighting the way to financial well-being. When you feel confident about your money, you can save for your goals and spend knowingly on what matters most to you.
The onUp movement was created to guide millions of people one step at a time towards a more financially confident life without ever losing sight of the moments that matter along the way.
Join the growing number of people transforming their stress into positive motivation to move onUp.
This is a sponsored conversation written by me on behalf of SunTrust. The opinions and text are all mine.
One thing I like to do is keep track of where every single penny of my money goes. Every few months I look and see if there is anywhere I can tighten up or cut my spending. Great information, thanks for sharing!