Happy New Year: Things to remember for a great start to the year
Happy first day of the year.
First of all, let’s celebrate a happy new year.
2020 is a year which is going to be hard to forget. But before we start trying to forget, let’s remember what 2020 taught us — especially about our money.
Here are our top learnings from 2020:
Start a rainy day fund: When 2020 hit, many of us felt helpless. A rainy day fund is like an umbrella you'll need for any such storm in the future.
Old school is gold school: Write down your expenditure every day before you sleep. Once it becomes a habit, you'll know how to track it.
Spot the big spends: Identify the money-rats that bite holes through your wallet and manage them.
Start investing: Nothing screamed "investments" louder than the money crunch in 2020. Now, you know better.
Make your money work: Compounding goes a long way, quite literally. And when your back is against the wall, you'll have a cushion.
Spend time with family: 2020 makes us realize that a quality time with family is the best time you can invest in.
You deserve a treat: 2020 taught us to save for the hard days. But, you also deserve a little pick-me-up.
And lastly, take care of your money so that it can take care of you.
Let’s make 2021 a year worth remembering.