My 3 Big Financial Resolutions for 2010
The New Year always is an exciting time for me. I like that it allows me to get a fresh start, a clean slate, and a new beginning. 2009 saw me taking the first steps towards getting a grip on my financial situation, and I’m really anticipating great things for 2010! However, since only 46% of us keep our resolutions past six months, I’m going to need your help along the way.
In order to accomplish BIG things, you have to dream BIG and in my case, sacrifice BIG. So here they are.
My 2010 Financial Resolutions:
1. I will not use any credit cards, and I will not get further into debt. I’m trying to come up with a creative way to physically destroy my cards. Suggestions?
2. I will not purchase any clothing, shoes or handbags for myself. I have an idea to suppress this urge, but that is for a future post.
3. I will not make any single purchase over $100. Big ticket items can be a budget buster.
What are your goals for 2010? Did you know that a Harvard study found that 95% of people who wrote down their goals achieved them?
COMMENT: Write down your goals in the comments section or share a link back to your post. We’ll check back in throughout the year and help each other out!
Related posts:
Trackbacks & Pingbacks
- “Should I Cancel My Credit Cards Or Cut Them Up?” | Republic of Austin
- 3 Simple Tricks to Help Keep New Years Financial Resolutions in Check | Republic of Austin
- 3 Money Saving Tips I’ve Learned in 2010 | Republic of Austin
- Uh-oh. Big temptation on the horizon. Will it kill my financial resolutions? | Republic of Austin
Hi Rachel,
Quick Q for you about the credit cards…I just signed up for a Southwest credit card and am ramping up more miles that way than I would just with my frequent flier number. I’m also in their dining program so get extra miles for eating at certain restaurants. Since I pay off my card each month, I feel that it is worth the $60 annual fee. Do you think it is ALWAYS a bad idea to use credit cards?
That’s a great question, Jodi! I recently read a blog post about this very subject. Right now I cannot manage credit wisely, and I have never been able to not carry a balance on my card. So, for me, using credit cards is a crutch that is not helping my financial situation and is actually worsening it. However, I think that credit cards can be used responsibly by people who can pay it off monthly or within a reasonable time period, and it sounds like that’s how you are using them, so I say go for it.