How is your financial status? A few tips for the residents of Arizona felt by the holiday costs – Daily Independent

Lauren Tobiasen

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By Lauren Tobiasen | America

January is, which means that many people are dealing with the post -festive blues and the consequences of the festive season on their mental, physical and financial health.

While trends like Dry January help us physically recover, our wallets also deserve a little TLC after a lot of travel costs, gifts and other festivities. It is natural then that January is a month of financial health, which now makes the perfect time focus on financial goals.

Although it is known that it is difficult to comply with New Year’s decisions, small financial changes this month can lay the basis for healthy habits that will pay off until 2025 and then.

Some simple strategies for entering the right financial space include:

1. Make it a month “without purchases”: spend only the most necessary and put in extra money into savings.
2. Remove for goodbye to the list of wishes: instead work on cultivating the “saver attitude”, paying attention to the savings opportunities.
3. Ask a friend to be a “money friend”: Get a responsible partner who can check how you progress to goals.

Financial fitness is not a universal approach and should be based on an individual lifestyle. However, applying daily habits for better money will now have a lasting impact throughout the year and will help you prepare your finances for the next holiday season.

Editor’s note: Lauren Tobiasen is the senior Vice President and CEO of the Bank of America Consumer Banking Region in Phoenix. Please send your comments to [email protected]S We are committed to posting a wide variety of readers’ opinions as long as they meet our Civilization guidelinesS