Financial advisors share money tips for 2017


BLACKSBURG (WSLS 10) – Saving more money and spending less is one of the most popular New Year’s resolutions for 2017.

There were more than 15 million Google searches on that issue heading into the new year, a 17 percent increase from last year.

Financial experts recommended first creating a budget. That way, you know exactly where your money is going. In 2015, the average American household spent more than $3,000 going out to eat.

Also, if you are looking to purchase a new vehicle this year, financial advisors suggested buying a slightly used car rather than a brand new one.

They also said a reliable way to save money each month is to have a certain amount automatically withdrawn from your checking account monthly, rather than counting on yourself to manually do this each time.

“All this is about behavior management,” said Blacksburg financial advisor Joel Williams. “It’s not about the stock market. You have to have a plan and stick to it.”

 

WSLS 10 may allow you to upload, post, transmit or otherwise provide content to WSLS 10, including, but not limited to, photos, video, audio, comments, articles, blogs, forums and any other such communication in which you provide content to the Web site ("User Content"). You agree that you are solely responsible for your communications and any content you provide. Read full terms and conditions of use by clicking here.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s