3 Tips to Get Back on Budget for the Rest of 2018 | First Volunteer Bank

How has your year gone so far? Has it been filled with vacations, shopping sprees, eating out and other splurges?

If so, no worries! There’s still plenty of time to “right the ship” and get yourself back on a better financial track for the year.

Our team at First Volunteer Bank has a few tips to help you get there.

Go Back to Financial Basics

It can be easy to get out of the routine of following good financial habits. But it can be just as easy to reestablish those positive habits!

Get That Budget Back in Gear

Chances are that your budget went strong in January and February, but slowly went completely out the window once summer arrived. Where has that left your financial health today? If it’s all out of sorts, it’s time to get things back to where they use to be.

Start by getting back into the routine of following a budget. Make sure that you account for every expense you have and every dollar you make to ensure you are using your money wisely.

Host a Yard Sale

Did your spending this spring and summer get out of hand? Pay off debt and get some added income by hosting a yard sale, either a real one at your home or one online.

This can help you to both declutter your home and earn some extra money. That’s a win-win in our book!

Try to Stick to Cash

You also want to make sure you’re using cash more than you’re swiping your credit card. When you swipe your card for everyday purchases, it’s hard to actually see the amount of money you are spending—or overspending, in many cases.

However, if you’re using cash, you’re watching your money physically leave your wallet. And that can help keep you from overspending on your wants when you should be focusing just on your needs.

Another important step in the right financial direction? Saving money. Visit the First Volunteer Bank website today to learn about our personal savings account options.