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The DOs and DON91ƵTs of saving!

So the end of January is getting closer 91Ƶ how are your 2020 financial resolutions holding up?
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So the end of January is getting closer 91Ƶ how are your 2020 financial resolutions holding up?

Despite the best intentions, the truth is, most people abandon their goals just a few weeks in. That doesn91Ƶt mean it91Ƶs a pointless exercise, but it does underscore the why resolutions don91Ƶt stick, and what you can do differently when it comes to your financial goals.

If you91Ƶre struggling to see your financial ambitions through, here91Ƶs a quick list of Dos and Don91Ƶts to support your efforts: They are worth it!

DO set realistic, achievable goals. There91Ƶs nothing more discouraging than aspiring for something that seems virtually unattainable. Instead of pledging to eliminate all your debt, for example, commit to halving your credit card debt by 2021.

DO write down your goals. Setting a goal in our heads is fine, but writing it down helps make it real. The process also lets you fine-tune the goal and underscore the benefits to yourself. By paying down those credit cards, for example, you91Ƶll relieve your debt anxiety, boost your credit score and pay less in interest, giving you more money in the long run for those things you want to do.

DO stay focused. You91Ƶre proud of yourself for taking this step and you91Ƶre excited to see the results. Maybe you should do even more, right? While multitasking is useful in some things, this isn91Ƶt one of them. When savings goals become too scattered, you risk becoming frustrated and losing focus, which brings us to our next DO91Ƶ

DO monitor your results. No matter how attainable, when you strive for a longterm goal, you need to be able to measure 91Ƶ and celebrate 91Ƶ your progress. By committing a certain amount each month to pay down your debt, you can track how far you91Ƶve come!

DON91ƵT get discouraged by setbacks. Little in life happens without hiccups, and working toward your financial security is no different. So when those unexpected expenses take a bite out of your plan one month, climb right back on track next month!

And know that when you hit a setback 91Ƶ maybe a family emergency, or unexpected trip to the mechanic 91Ƶ help is available. Resources like a short-term, online loan from can get you back on track.

91ƵThe solution is quick and simple,91Ƶ explains Sundeep Thind, manager of MyCanadaPayday91Ƶs Surrey office. 91ƵUsing the latest technology and encryption, clients feel secure and confident filling out the one-page online payday loan application. The MyCanadaPayday team does the rest, so you91Ƶre on your way with the funds you need in as few as five minutes.91Ƶ

Prefer the phone? Customer service agents are happy to help!

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My Canada Payday is a fully licensed, Canadian-owned and operated direct lender. Learn more at 604-630-4783 or email getpaid@mycanadapayday.com.



About the Author: Black Press Media Staff

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