Jerry O’Flanagan, executive vice president for First National Bank of Omaha, offers these tips for saving this year:
Vow to save: Make a promise to improve savings habits. Having these written and referring to them often will keep you—and your wallet—on track.
Budget better: Reflect on what worked and what you wish to improve when managing finances. If eating out or weekend activities consistently pushed you over budget, alter your plans to avoid a recurring theme.
Stock up: Many major retailers drop prices storewide after holidays. Score deals on everything from household items to decorations. Remember, most deals are online as well, helping you avoid impulse buys.
Do your research: Check your phone, internet, and cable provider contracts to see when service expires. Keep those dates in mind and research more affordable options and new plans to maximize savings.
Beat the cold: Save a significant amount each month by swapping a night out on the town for a cozy weekend in. Between movie marathons and homemade treats, your wallet won’t be the only one grateful for a fun night in.
Used with permission.