7 financial New Year's resolutions for 2012
Spend less and save more
Thats the simple secret to wealth creation. Its not easy, but you have to be willing to make choices and sometimes do without. Start simple by eliminating impulse buys such as convenience store purchases, or replace expensive brands with less expensive alternatives.
Since the financial crisis of 2008 when credit became tight, consumers began chipping away at their debt. In general, consumers are using credit less and making cash purchases. Eliminating debt saves you money. When you pay off a credit card, make those monthly payments into your savings. Remember, its not what you make; it's what you keep.