7 SHORT TERM FINANCIAL GOALS TO SET TODAY

1. Start your taxes early.

Waiting until the last minute is only going to cause you MORE stress!

2. Save $100/more a month than you did last year.

Increasing your savings means you could pay off your debt faster, fill up an emergency fund, go on the vacation you’ve been dreaming of or save more for retirement.

3. Do a no-spend challenge. Basically, you’re committing to not buying anything you don’t expressly need.

4. Boost your emergency fund by $1,000. The general rule of thumb is to keep three to six months worth of expenses in your emergency fund.

5. Pay off at least one debt. If you have debt, you’re not alone. Many people have debt of some sort. Whether it’s student loans, credit card debt, a mortgage — most of us have something we want to pay off.

6. Lower at least one monthly fixed expense.  Here are some examples of things you can negotiate: – internet/TV bill – car payment – insurance (car, house, etc.) – cell phone

A high-yield savings account is a place you should keep money you need to access or might need to access (like your emergency fund) quickly.

7. Open a high-yield savings account.

Whether you decide to focus on one of these, like paying your taxes early, or multiple, know that these goals are achievable when you make a plan!

You've  got this.