At the start of a new year, resolutions are probably top of mind. Many fall by the wayside a month or two into the new year. One of our members has an ambitious financial goal. Here’s a look at how he plans to stick to it with the help of PenFed.
PenFed Member: Delorean Andrews
January of 2020, I decided to pay off 28,000 in debt, finished up in September of 2020.
And for 2022, my New Year resolution is to save the same amount in my PenFed Savings Account.
I will begin to decrease my spending and increase my income via overtime at work, writing in my budget book, keeping to my budget, and actually cutting out eating at work and bringing my own lunch to work.
The pandemic, this uncertainty, and the world today has really woken me up to the possibility that life is fragile, and your finances are fragile also.
So, I decided to prepare for anything that may come in 2022 and beyond.