Is "Save Money" on your list of New Year's Resolutions?

In our experience of working with clients, those who have the most success when it comes to saving money have done so by setting and achieving incremental goals.

One of the reasons our money saving resolutions fail is because we try to do too much at once. We go from not saving anything at all to trying to save 10% or more of our income without a plan. Then, money feels too tight, we start dipping into our savings, get frustrated and stop altogether, claiming to the world that we’re just “not good savers”.

It isn’t that we’re bad savers. It’s just a matter of trying to do too much at once.