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10 Simple Habits to Improve Your Finances in 2025
Posted 1/14/2025 by Lisa Ohemus

Achieving financial stability doesn't have to involve drastic changes. Small, consistent actions can significantly improve your financial health over time.

Here are ten simple habits to adopt in 2025 that can help you achieve your financial goals:


1. Track Your Spending

Understanding where your money goes is the first step to managing it. Keep a record of your daily expenses using a notebook, spreadsheet, or budgeting app.

Quick Tip: Review your spending at the end of each week to identify areas where you can cut back. If you need additional help with your budget, contact Consumer Credit to talk with a certified credit counselor.


2. Automate Savings

Set up automatic transfers to your savings account each time you get paid. Even small, regular contributions add up over time.

Pro Tip: Start with 10% of your income if possible, and adjust as needed.


3. Review Subscriptions and Memberships

Cancel any subscriptions or memberships you no longer use. These small monthly fees can quickly add up and eat into your budget.

Action Step: Reevaluate this monthly to see what subscriptions you are using.


4. Create Financial Goals

Define short-term, medium-term, and long-term financial goals. Having a clear purpose for your money can motivate you to save and spend wisely.

Example: Saving for a vacation, building an emergency fund, or paying off credit card debt.


5. Pay Bills on Time

Stay on top of your finances and safeguard your credit score by setting up reminders or enabling automatic payments for recurring bills. If you're having difficulty managing your payments or need assistance creating a plan to tackle your debt, reach out to a credit counselor at Consumer Credit of Des Moines.

Helpful Hint: Align bill due dates with your paycheck schedule to simplify the process.


6. Spend Mindfully

Think before you make a purchase. Ask yourself if it aligns with your goals or if it's an impulse buy.

Mindful Practice: Use the 24-hour rule for non-essential purchases: wait a day before deciding.


7. Meal Plan and Cook at Home

Eating out can drain your budget quickly. Save money by planning meals and preparing them at home.

Bonus: Cooking at home can also be healthier and a great way to bond with family.


8. Build an Emergency Fund

Start small by saving $500 to $1,000 to cover unexpected expenses, then aim for three to six months' worth of essential expenses.

Step-by-Step: Use windfalls like tax refunds or bonuses to jumpstart your fund.


9. Negotiate Your Bills

Contact internet, phone, or insurance service providers to see if you qualify for discounts or lower rates.

Negotiation Tip: Research competitors' pricing to strengthen your case.


10. Invest in Yourself

Expand your finance knowledge by reading books, taking online courses, or attending workshops.


Implementing even a few of these simple habits can profoundly impact your finances over the course of the year. Remember, consistency is key. If you need additional support, our credit counseling service is here to guide you toward a brighter financial future.

To speak to a certified credit counselor, contact our office at 800-955-5765 or schedule an appointment on our website at www.consumercredit-dm.com.

We welcome any additional questions and are excited to assist you in your journey to improve your financial future!

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