Business Fit Magazine January 2019 Issue 1 | Page 36

Business 9 Proven Tips For Staying Out of Debt In The New Year! Alexandra Ramirez Are you ready to make big financial changes in 2019? The new year is the perfect time to evaluate and improve your finances. It is time to start making changes and set financial goals — one being staying out of debt. Your financial well-being should be one of your highest priorities, and the decisions you make today will determine how your finances will be in the new year. Here are some New Year’s resolutions for staying out of debt in 2019 and to have a prosperous year: 36 1 – Develop a Spending Plan: If you do not have a spending plan, it’s time you set one up and take control of your finances. Planning your expenses will help you start the new year on the right foot and set you up for future financial success. To spend wisely, remember to weigh your needs versus wants, and prioritise certain purchases. Start making wiser spending decisions right now and continue with the habits all year long. Stick to a budget always.