New posts to Inspired Savings will be ending Jan. 1st. All posts are archived at inspiredsavings.com and Inspired Savings is available as a calendar book.
Every time you are tempted to react in the same old way,
ask if you want to be a prisoner of the past or a pioneer of the future.
As we are getting ready to bring in the new year, it’s time to challenge some of our old habits. We all develop habits because they work! They provide a short cut for our brains so we don’t have to stop and think every time we’re faced with a situation. However, as we grow and change, our habits may no longer be working for us—they need to grow and change too! Now is the time to think about those habits.
Are you in the habit of always saying “no” to yourself? Maybe now is the time to begin to catch yourself and ask if there’s really a good reason to deny yourself some pleasure. Think about it deeply. If there is no good reason, enjoy yourself!
Are you in the habit of spending money and then regretting it hours, days or weeks later? Maybe as you just look around your home you see so many things that are unused and unwanted. Is it time to explore how your buy things and ask yourself how you were feeling, who you were with, what else was happening or what was the timing when you bought without thought? Then plan how to minimize those situations so you aren’t tempted to spend impulsively.
Which habits do you want to explore and challenge in the new year?
Money Saving Tip
Today is a great day to go to www.annualcreditreport.com and order your free credit report from any or all of the three major credit bureaus. Check it at least once a year to be sure all the information is accurate. Errors can mean a lower credit score and that could mean higher interest rates and fees. Check your name (spelling, middle initial, Jr., etc.) Any mistakes may mean someone else’s information may appear on your report. Check your address–or you may have a tax lien, unpaid bills or other surprises reported on a property you no longer own. Look for any bills reported as unpaid that you can prove you paid on time. Check the hard inquiries and new accounts. If you did not initiate all of them, someone may be fraudulently using your account.
What made you smile today?
What made you proud of your money choices today?