Discovering YOU Magazine July 2023 Issue | Page 51

MIND YOUR BUSINESS

3 Smart Tips to Help You Budget for Activities in 2023

Article from BPT Website

the purchases you make and helps you keep track of what you've spent to prevent overspending. If your banking app doesn't have a similar feature, you can download a budget worksheet and keep track of your spending and budget throughout the year. Get started planning now to save yourself financial stress throughout the year.

2. Set savings goals

A simple way to afford all your fun and celebratory expenses throughout the year is to set savings goals. By putting away money in advance, you can reduce the stress and anxiety of affording your vacations, concerts and even holiday expenses later in the year. Setting up automated savings is convenient and lets you save without thinking about it. Consider using automated savings tools, like Chase Autosave, that lets you set a goal to automatically transfer money

(BPT) - Many people resolve to be better about their finances at the beginning of the year, but following through can be challenging, especially when you want to celebrate the people you love and have fun throughout the year. You don't have to tackle your finances on your own. Check out these three tips and tools to help you plan for activities on a budget in 2023.

1. Plan ahead and set a budget

This year, take some time to look at the coming months and mark major holidays, birthdays, anniversaries, weddings, concerts and vacations in a calendar. Estimate how much you can spend on each event, so when the time comes, you won't have any surprise expenses and you can avoid going over your budget.

Consider using tools like Chase's Spending & Budgeting, that provides information on your spending based on