When it comes to the end of the year, it's essential to have the right money tips to finish strong financially. It's easy to fall off track, but with a few key strategies, you can quickly get back on course. Here are some money tips you can implement right now. Plus, find out how an online title pawn can help you in case of an emergency.

5 Money Tips To Start Your New Year On The Right Foot

1. Set SMART Financial Goals

Having a generic goal like buying a house, remodeling a room, or buying a car in mind is a great place to start when it comes to having decent money tips. However, you need to develop it correctly to give you the best chance of success.

It's easy to develop these kinds of goals with the "SMART" model. You can even apply this one of our money tips to all sorts of aims and aspirations! See for yourself how easy you can really flesh out your financial goals below:

• Specific — Your goals need to state exactly what you wish to achieve. For example, "I want to save $5,000 to remodel my kitchen."
• Measurable — In other words, your goals should be trackable so you can record your progress. For instance, "I will save $500 every month for the next ten months to save $5,000."
• Achievable — To make sure you realize your goal, you need to define steps that get you closer to attaining it. For example, "I can save $500 per month by cutting down on bills, working overtime, and starting a side hustle."
• Realistic — Make sure the goal is realistic based on aspects of your life like time, income, and abilities. For instance, "I will cancel my Netflix subscription, negotiate on my water bills, and eat out less frequently."
• Time-based — Set a specific duration for you to achieve your goal. For example, "I want to remodel my kitchen in a year."

2. Start A Side Hustle

Finding "start a side hustle" on a list of money tips isn't an uncommon tip. And there's a good reason for that — hard work pays off. With our world becoming more and more digital by the second, side gigs have evolved beyond the traditional dog walking, cleaning, and babysitting ideas. These days, you have a plethora of potentially highly profitable options, including:

• Blogging — While it takes time to establish an audience, you can make a consistent income from blogging. And there is no shortage of topics you can choose to base your blog on.
• Print on Demand stores — If you have an eye for art, you could run a POD store to sell your drawings on products like phone cases, mugs, t-shirts, and bags.
• Selling photography — Whether you sell your photos to local newspapers and magazines or upload them to stock sites for people to pay for, it can be a very rewarding side hustle.

3. Plan For Retirement

Retirement can seem like a long way off. But life goes quickly, and suddenly you don't have a pension. So, number three on our money tips list is to start saving for your twilight years — even if it's just a little bit. It is never too early to start saving for your retirement.

4. Revisit Your Budget

Your budget changes all the time. At least any good budgeter knows that your budget should change and improve as time goes on. As the new year rolls around, we suggest looking at ways you can cut your monthly outgoings and maximize your income.

 

 

5. Know Where To Look For Emergency Cash

One of your most prevalent goals for the new year should be acquiring an emergency fund or further establishing your current pot. But if disaster strikes before it has the chance to grow, an Alabama title pawn online is an option if you have a lien-free title to use as collateral.

Our title pawns allow you to borrow up to $15,000 from Alabama Title Loans, Inc., depending on the value of your vehicle. The process takes roughly half an hour from the time you meet with us, and you'll receive the cash you qualify for on the same day! And you can qualify even if you have poor credit. Here's how to get a title pawn online from us at Alabama Title Loans, Inc.:

1. Complete the inquiry form on this website and submit your information to your nearest title pawn store in Alabama. One of our expert loan agents will give you a call to discuss the process and answer your questions. You can also decide whether you want to meet at the store or have us come to you.
2. Regardless of where you meet, go to the location with your driver's license or state-issued photo ID, your vehicle, and your lien-free vehicle title. Sit down with a loan representative for a quick inspection of your vehicle to establish the amount of cash you qualify for.
3. The loan representative will also determine if you qualify for approval. If you are eligible, you complete some simple forms with the help of the loan associate and receive the money you need on the same day or the next bank business day!

Get On The Right Path With These Money Tips

With these top money tips in mind, you’ll be well on your way to reaching your financial goals. If an emergency arises and you need cash fast, an online title pawn is a great option. Learn more about how a title pawn works or apply online today!

Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.