Experts offer money-saving resolutions
Tips and advice to help put more of your money back into your life for 2019
CALGARY— Now that we’re a week into New Year’s resolutions, it’s time for a checkup, and a check-in with those in the know.
New Year’s resolutions can help you close in on your longand short-term money goals.
Whether you’ve set some long- or short- term money goals — saving for retirement, paying off a mortgage, saving for a trip — there are lots of new habits you can get serious about.
Consider these 2019 fiscal suggestions:
“Resolve to get real with your numbers. You need to know what’s been going on and what you’ve been doing with your money. Take stock. Then decide what you’re going to do to stop adding to your debt and start to pay it down.” Leslie Gardner, financial planner, Money Coaches Canada
You should resolve to always buy your gasoline on a Sunday, preferably in the evening, because that tends to be when you will see lower prices than during the rest of the week.” Dan Mcteague, senior petroleum analyst, Gasbuddy.com.
“Resolve to save money on skiing by buying a multi-visit card that offers discounts and free ski days.
“And save money on transportation by using free or lowcost shuttles offered by some ski resorts.” Jasper Johnson, spokesman, Lake Louise Ski Resort
“If you sign up for a free trial online, look for alreadychecked boxes. That check mark may give the company the green light to continue the offer after the free trial or sign you up for more products — only this time you have to pay.” Shawna-kay Thomas, spokeswoman, Better Business Bureau of Southern Al- berta and East Kootenay
“The instant gratification of toys or clothes are certainly appreciated by children and grandchildren; however, a gift that goes toward post-secondary education will have the greatest long- term impact. Resolve to make contributions to an RESP (registered education savings plan) that allows the funds to grow on a tax- deferred basis.” James Mccreath, portfolio manager, The Mccreath Group, BMO Nesbitt Burns Private Client Division
“This winter, resolve to keep warm by dressing for the temperature. Don’t leave your car running to keep it warm ... Idling can burn one to two litres of gas per hour, while restarting your car only uses about 10 seconds worth of fuel.” Kristine D’arbelles, senior manager of public affairs, Canadian Automobile Association
Get real with your numbers, advises Leslie Gardner, a financial planner with Money Coaches Canada.