Advice: Staying 'financially fit' in 2014 - FOX 10 News | fox10phoenix.com

Advice: Staying 'financially fit' in 2014

Posted: Updated:
ATLANTA, Ga. -

You are starting your new year with a financial plan - but then life happens. How do you stick to your plan? Scott Scredon of ClearPoint Credit Counseling shares some financial advice.

Click the vide above to learn more of Scott's advice for the new year.

• To start making changes in your financial life, make your plan simple, measurable and realistic.

• Make changes gradually. If your goal is to save, your first task is to find $20 that you can save consistently, every week or every month.

• To reduce your spending identify the easy cuts first. Look at all of your expenses and find products and services you either don't need or don't use. Do you subscribe to cable channels you never look at? Recurring costs like these eat up a budget over the course of a year.

• If you don't keep a close eye on where your money goes over the course of a month, download a budget tracker or simply put a pen to paper and write down everything you spend for 30 days.

• A good way to reinforce and reward your new spending habits is to set up a savings account devoted to reflect the "new financial you." Arrange for a scheduled automatic deposit to the savings account and pat yourself on the back as you watch the balance grow.

  • Good Day ArchiveMore>>

  • Back to School Jamboree with Hosea Feed The Hungry

    Back to School Jamboree with Hosea Feed The Hungry

    Hosea Feed the Hungry will host their annual Back to School Jamboree on Sunday, July 13, 2014 from 10:00 a.m. until 3:00 p.m. at Turner Field. Children will receive a backpack filled with school supplies.

    Hosea Feed the Hungry will host their annual Back to School Jamboree on Sunday, July 13, 2014 from 10:00 a.m. until 3:00 p.m. at Turner Field. Children will receive a backpack filled with school supplies.

  • Outlet Mall shopping secrets

    Outlet Mall shopping secrets

    Friday, August 29 2014 10:43 AM EDT2014-08-29 14:43:26 GMT
    I think this is what many of us assume about outlet mall shopping -- we get rock bottom prices on everything from clothes to housewares on brand names that are either leftovers from last year or this year's overstock. Well, it's not quite like that.
    I think this is what many of us assume about outlet mall shopping -- we get rock bottom prices on everything from clothes to housewares on brand names that are either leftovers from last year or this year's overstock. Well, it's not quite like that.
  • Good Day Atlanta

    Pike Nurseries: Labor Day entertaining and planting

    Pike Nurseries: Labor Day entertaining and planting

    Friday, August 29 2014 9:08 AM EDT2014-08-29 13:08:02 GMT
     Did you know that Pike Nurseries has a Pinterest Board that is chock-full of great entertaining ideas for the Holiday Weekend?
     Did you know that Pike Nurseries has a Pinterest Board that is chock-full of great entertaining ideas for the Holiday Weekend?
Powered by WorldNow

KSAZ-TV & KUTP
511 W. Adams St.
Phoenix, AZ 85003

Phone: (602) 257-1234
Fax: (602) 262-0177

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices