4 steps to save money
Want to save more money in 2025? Much like crash dieting, people generally make their money resolutions either too vague ("stop spending so much") or too difficult ("cut out all splurges"). You’re better off setting small, attainable goals to make a lasting impact. It’s more about psychology than numbers.
Here are four practical steps to get past your mental blocks and start making progress.
Look at your expenses
Financial anxiety can cause many to avoid even looking at their spending. And if you don’t know where your money is going, you can’t build good habits. The first step is to look at your expenses as they are, without judgment. Stop avoiding your own money! (Hint: The Brightfin app makes this easy. Just swipe!)
Start small
Instead of figuring out your 25-year plan, just start with this month. Decide what your priorities are right now. Are you trying to pay off debt, build wealth or just stay afloat amid inflation? Choosing a percentage-based budget like 50/30/20 can help you focus on one month at a time and understand where your money is going.
Adjust
Reflect on what worked and stick with that, or change it up if you need to. There are other percentage-based budgets like 60/30/10 if that fits your lifestyle better. Use each month as a learning experience.
Celebrate wins
Did you track all your expenses for the month? Did you hit your target budget? Celebrate your wins! You’re more likely to keep up with a habit that makes you feel good.
The best budget is the one you actually use, and every month is another opportunity to get more practice in personal finance. Good luck and keep going!
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