New Year, Smart Goals: 5 Resolutions That Stick
There’s something refreshing about a new year—a clean slate, a fresh calendar, and the perfect opportunity to reset your financial goals. Whether you’re saving for a big purchase, working to eliminate debt, or simply hoping to feel more in control of your money, starting the year with clear, achievable financial resolutions can make a big difference.
Here are five smart financial goals that are simple to start—and easier to stick with throughout the year:
1. Build a Budget You Can Live With
Creating a budget doesn’t mean giving up everything fun—it means giving your money direction. Track your income, list your expenses, and set monthly spending limits that still allow room for flexibility.
2. Start or Grow Your Emergency Fund
Life happens—unexpected car repairs, medical bills, or even temporary job loss. Aim to build an emergency fund with at least 3–6 months of living expenses. Start small by setting up automatic transfers from checking to savings each payday—you won’t miss what you don’t see.
3. Tackle Debt Strategically
Make a list of your debts and create a payoff plan. Whether you use the snowball method (paying off the smallest debts first) or the avalanche method (starting with the highest interest), reducing debt brings long-term peace of mind and frees up future income.
4. Monitor Your Credit Health
Your credit score plays a huge role in your financial future. Make it a habit to check your score regularly and review your credit report for errors. Willamette Valley Bank offers free credit score tools through our digital banking platform to help you stay on top of it.
5. Bank with Purpose
Choosing a community-focused bank like Willamette Valley Bank means your money stays local. We reinvest in neighborhoods, small businesses, and people just like you. Whether you’re opening a savings account or applying for a mortgage, we’re here to help you succeed.
Let this be the year you take control of your finances with small steps that lead to big results. And remember, you don’t have to do it alone—your team at Willamette Valley Bank is always here to support your journey. Let’s make this your smartest financial year yet!