First Command Offers Six Tips for Saving Money
FORT WORTH, Texas (PRWEB) June 7, 2007
Tip #1: Establish specific goals for things you really want. Saving as a matter of principle just doesn’t provide the necessary motivation for most people. You must have definite goals – things you really wish to have.
Tip #2: Set definite deadlines for reaching your goals. Be realistic about how much will be required to reach your goals. How soon will you need it?
Tip #3: Pay yourself first – fundamental to every financial plan. When you make out the checks to pay the bills, don’t put yourself last. You may never get three. Make that first check out to yourself.
Tip #4: Get your money out of sight and out of mind. Automatic bank drafts are an excellent means to this end.
Tip #5: Establish specific accounts for each separate goal. If you have two or more basic objectives, establish two or more accounts to achieve them.
Tip #6: Stick with your plan. The best plan in the world is useless if it is not activated or if it is abandoned. If your goals are meaningful to you, you must stick with your original plan.
First Command Financial Services and its affiliates, including First Command Bank and First Command Financial Planning, assist American families in their efforts to build wealth, reduce debt and pursue their lifetime financial goals and dreams–focusing on consumer behavior as the first and most powerful determinant of results. Through personalized financial plans that emphasize investments, insurance and full-service banking, First Command Financial Advisors have established lasting relationships with hundreds of thousands of client families since 1958.
For more information about First Command, visit http://www.firstcommand.com.
First Command Financial Services, Inc. is the parent company of First Command Financial Planning, Inc. (Member SIPC) and First Command Bank (Member FDIC). Insurance products and services are offered by First Command Financial Services, Inc. Financial planning services and securities products are offered by First Command Financial Planning, Inc. Banking products and services are offered by First Command Bank. Securities products are not FDIC insured, have no bank guarantee and may lose value. In certain states, First Command Financial Services, Inc. is a separately registered domestic corporation and does business in California as “First Command Insurance Services.”