The first step toward your financial resolutions is setting goals. We are committed to help you get on the right path for financial success. The tips below will help you with your financial resolution and make your future better.

1. Pay yourself first. Put money aside every paycheck into a savings or retirement account, by setting up automatic transfers, directly from your paycheck, and splitting direct deposits. Remember to start with small amounts and increase as you are able.
   
   
2. Shop Smart. Ask yourself if this is a need or a want. When shopping use coupons, buy in bulk and watch for items to go on sale.
   
   
3. Set a budget. Use your current situation to guide you and plan for the now. Track everything going in and out of your account. This will help you create a budget and manage it. You will want to look into planning for your retirement and create a safety net for the unexpected.
   
   
4. Manage Debt. Managing your debt effectively is a great way to start out the new year. Paying your bills on time is a way to save on late fees and paying more than the minimum balance, when possible, to save on interest expenses.

Setting good financial goals will help you reach your financial resolutions. Reaching your goals will take time and remember, it’s never too late to get started.

We’re here to help! First National Bank of River Falls offers a lot of information on our website. Whether you are looking for personal loans, business loans, personal banking or personal services, we are committed to you!