My finances are doing okay but I see a few areas I can improve on. My biggest hurdle is getting a consistent savings program in place. For so long I’ve lived from paycheck to paycheck that it’s more challenging than I thought to save. I believe in it 100%, but the implementation is proving more difficult than I thought.
I have an ING Direct account that I can set up to automatically pull money from my main account. Again it’s about setting it up again. So I am going to stop the excuses and give it another go.
In the meantime I’ve opened a new bank account. I don’t usually do banks but this one is actually an insurance company that is also a savings bank. It’s different from regular banks because I won’t be nickel and dimed to death. Checking is free and includes free checks for the life of the account, comes with a Mastercard debit card with rewards, online banking, free bill pay and a whole lot more. I can open accounts for my kids for savings and checking, which is a good way to teach them about economic empowerment.
Opening this account is one of the reasons I haven’t started my savings. I’m transferring everything over so it may take a couple of weeks. For sure I will put some money from my current account in and set up my new bank to take over in a couple of weeks.
It’s a start and that’s what counts. For certain, it won’t happen on it’s own so I must be proactive and create the financial destiny I want.
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