With the dawn of a new year approaching, the chances are that you will be thinking about your new year’s resolutions. However, you don’t want those flash in a pan promises that fail by the second week in January. You might want to get fit, but you never go to the gym. You might want to shift the festive pounds, but you cannot give up the sugary snacks. After Christmas, you may find that you are struggling with your finances because you have been a little too frivolous on the gift giving front. Boosting your finances can often be an admirable aim, but you may have no idea how to go about it. Take a look at this guide to help you get back in the black in 2020.
Clear The Debt
If you have been relying on credit to get you through the festive season, the chances are that you are struggling with your debt repayments. It’s all too easy to bury your head in the sand and pretend that your dire monetary situation doesn’t exist, but do this at your peril. The debt will mount, you will become stressed and your mental health can suffer. Tackle your finances head on and clear the debt.
Consider applying for a loan to consolidate your debt. This way, one payment will be leaving your account each month, that won’t just be paying off interest and you will know exactly when your debt will be cleared. It may take you a couple of years, but the structure of repayments will never change and you can live well within your means. Alternatively, you can choose to transfer you debt onto a credit card with zero per cent on balance transfers. This means every payment you make will be paying off capital rather than just the interest meaning that you can clear the debt faster.
Get A New Job
If you are thinking about moving on professionally, a new job can be the perfect way to boost your finances. The chances are that seeking a promotion will lead to a better paid role. However, you cannot assume that a role will fall into your lap. You will need to enhance your resume by beefing up your professional development. Take a look at the jobs that you are looking to apply for and consider the person profiles and job specifications. Ensure that you hit every point of the essential criteria. If you notice a gap, take a qualification or go on a course to make yourself a more well rounded candidate.
If you struggle with an injury or ailment, don’t assume that you are stuck in the job that you currently have forever. You can seek better paid employment if you head to a specialist disability employment agency who can help you with access arrangements and will match you with suitable employers looking for candidates with your skills. Any physical disability should never affect the quality of the job that you can apply for.
