Don’t let that holiday shopping hangover carry over into the new year; start on the right track by upping your financial gains. Whether you are still a student, starting a new job, or participating in gig work, a brighter new year with financial empowerment is within reach! To level up your money game, explore New Year financial resolutions designed to boost savings and leverage tools for a financially secure future.

Create a Brilliant Budget

Budgeting may not be the most exciting thing to post on social media, but it is a life-changer that paves the way for financial empowerment. Utilize Remynt to stay effortlessly on top of cash flow. Budgeting is the key to financial freedom, with each saved dollar being one step closer to living your best life. Start your New Year's financial resolutions by setting a budget and unlocking a new level of financial possibilities. Check out Budgeting 101 for further details on budgeting like a pro.

Brush Up Your Financial Literacy

Familiarize oneself with essential topics such as taxes, credit scores, retirement accounts, and investing as part of your New Year's financial resolution. Remynt equips you with informative tools and shares valuable tips, ensuring you stay informed on critical aspects of your finances. If you’re part of the Remynt community, join our Discord, where you can learn from a community that shares financial goals and supports you in achieving your financial resolution. Knowledge is the key to making informed decisions about your money, and we're here to help you every step of the way.

Pay Off Your Debt

Facing the burdens of student loans, credit card balances, and car payments can be overwhelming. This year, take care of your debt once and for all. Your priority should be to pay off any lingering debt in the collections. If you have active credit accounts, consider adopting a method that best fits your financial situation. The avalanche method of taking on high-interest debt first, or the snowball method, which focuses on paying off the smallest debts first. For Remynters, we have a handy debt repayment planning tool to determine the best game plan for your finances.

Save for the Unexpected

Life has unexpected twists, such as surprise medical bills or car breakdowns. That is when your emergency fund becomes a lifesaver. Maintaining a financial cushion that covers up to six months' worth of living expenses is invaluable in unexpected situations. Consider setting up automatic transfers to a high-yield savings account, and your emergency fund will grow steadily. Having savings provides a sense of readiness for the day when life throws a curveball.

Earn Extra Cash with Gig Work

Gig work can be a savvy move to boost income. The gig economy is full of opportunities; whether freelancing, driving, or selling online, the possibilities are limitless. Align the best side hustle with your skills and schedule. You can find gig work on multiple online platforms. Upwork links you to clients who require assistance in a variety of projects. Fiverr is another platform where you can boast about your skills to find gigs. Become a driver with Uber or Lyft, both popular ride-sharing platforms. You can also join groups on Facebook where gig opportunities are shared. Whether you look to bolster your savings, pay off debt, or invest, the additional income from your gig can come in handy.

Smash Your New Year Financial Resolutions Now

Remynt is your committed financial ally, assisting you in debt repayment and credit rebuilding to fulfill your financial goals for the New Year. Take the first step towards financial empowerment by following these tips. If Remynt has contacted you, get on your path to #getremynted today.