Come the New Year, many of us resolve to spend less and save more. Two subjects we discuss a lot on our blog!

This year, we thought we’d shake things up a bit and give you a list of unique and ultra-specific resolutions/goals you can make for the New Year.

• Save Change
  When paying with cash, try to spend only bills – and save the change. Once you’re home, put the change in a container like a milk jug, etc. Once it gets full, bring it into WWFCU and dump all your hard-earned change into our coin machine for only a 5% fee for members (10% for non-members) or roll it and bring it to a teller (just write your account number on the rolls). The most important part? Take whatever amount you’ve collected and deposit into your WWFCU Savings Account!
• Pay Extra
  It may seem counter-intuitive – pay more now to save money later. But if you can make one extra auto loan and/or mortgage payment a year, you’ll not only shorten the length of your loan, you’ll be saving big on interest.
• Ban Shopping
  Easier said than done, right? It may not be as hard as you think to ban shopping for a short period of time, like two weeks. Try to go two weeks without spending a dollar. Groceries can be an exception but try to limit those to necessities and perishables. An experiment like this can help break bad spending habits and encourage you to add positive money habits instead.
• Sell Clutter
  You probably have unused items like sports equipment, kitchen gadgets, etc. collecting dust versus collecting extra funds for you. Sell your clutter for cash, and this includes any clothing you haven’t worn in the past year.
• Use Software
  A simple personal finance software program can help you get a clearer picture of the money coming in and going out each month. After a few months, run a few reports to see where your money actually goes and determine where you can cut back.
• Read More
  Instead of spending your time catching up with friends and cat videos on social media, spend some extra time to read a financial book each month. Take this time to learn more about subjects you may not be an expert on such as stocks, investing, retirement, etc. The more you know, the more likely you’ll be able to reach your financial goals.

Discover how WWFCU can help you reach your financial goals by stopping by our branch or calling a Member Service Representative at (734) 721-5700.