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· Posted on
February 21, 2024

New Year, new me: 3 easy financial resolutions for 2022 that you can actually stick to

You promise yourself you’ll learn a new language, quit sugar, run 5K every day...we’ve all been there, Flux fam.

What's the key learning?

  • If you’re tired of setting New Year’s resolutions that you can’t actually stick to, here's three achievable financial resolutions to kick 2022 off right
  • Automate your savings so you're paying yourself first
  • Start a separate savings account for your emergency fund
  • Negotiate a better savings rate with your bank.

Yup, we know how it goes, Flux fam. New Year, new me. You promise yourself you’ll learn a new language, quit sugar, run 5K every day...we’ve all been there.


But if you’re tired of setting New Year’s resolutions that you can’t actually stick to...we’ve got the answer for you.

It’s three actually achievable financial resolutions to kick 2022 off right. And remember, if Kim Kardashian can pass the baby bar exam on her fourth try...you can do anything.

1. Automate your savings

It’s simple. This process means that you’re always paying yourself first. Even before that tempting Insta ad for a ceiling projector takes your money.

Here’s what you need to do:

  • Head to your online banking app
  • Set up a savings account (if you haven’t got one already)
  • Set up a recurring payment of ~20% from your regular account (where you get paid) into your savings account. 
  • Make sure to set the recurring payment on pay-day. This means there’s no chance of falling short.

2. Start an emergency fund

An emergency fund is a separate savings account that helps you prepare for - you guessed it - emergencies.

Ya just never know what life will throw at you. It could be an emergency medical procedure (I know from experience - who knew an appendix could burst?!), unexpected house expenses or a buffer if you lose your job. 

The best part? It means you won’t dip into your savings if something comes up and you won’t need to apply for credit. Win.

A good target is to have enough in your emergency fund to cover three months of expenses.

3. Get a better savings rate

Savings rates are lower than Bella Hadid’s jeans these days, so it’s time to take matters into your own hands.

This year, make it a priority to:

  1. Do your research: Check out the latest savings rates out there. I doubt your current rate is the best in the market.
  2. Call up your bank: Use your research as ammunition, and ask your lender to match the best rate you’ve seen...or just to offer you something better than what you’ve got
  3. Leave (get out): Take inspo from the queen, Jojo, and just leave. If your bank can’t offer you something better, but another bank can, then don’t stick around and pay the lazy tax. Just make sure to read any terms and conditions of promotional or bonus rates and ensure you meet them.

Ready to win at money?

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