This year was a very different holiday season for us. Our 4th sweet baby was born on December 6th via cesarean. Out of 4 deliveries, this was my first cesarean, which meant a very different recovery than usual. Typically, we go out of town to celebrate Christmas with both of our families. This year we stayed home, and everyone came here to celebrate. I wasn’t able to do as much baking, and we missed most of the Christmas parties we usually attend. However, we also missed out on a lot of stress and as a result of a slower pace were able to concentrate more on meaningful moments with our family. Instead of feeling like we had to do everything, we literally couldn’t after major surgery, so instead, we focused on what was important to our family and the traditions that meant the most to us. An added bonus, we didn’t overspend since I had been purposeful to do most of our shopping beforehand we were able to stick to our budget without having to make last minute purchases. As I reflect, it was probably one of our most meaningful Holiday Seasons as a family.
Having so much downtime at home also helped me to focus on the New Year. By nature, I’m not a big spender. Before my husband and I make a big purchase, we weigh all of our options, shop around, and when possible save money to pay for the purchase. There are a couple of larger purchases we’d like to make this year such as new carpet for our upstairs, and upgrade my vehicle to something a little bigger, but we want to be intentional to keep our long term goal (being debt free) in mind. With credit offers everywhere we look, it’s essential for us to weigh our “wants” and even our needs against our desired destination for our financial future so that we don’t compromise our financial confidence on our journey to financial well-being. At the end of the day, we’ve got to know that a purchase is worth it long term.
2017 Financial Goals:
- Pay off hospital bill from baby #4
- Save money to recarpet upstairs bedrooms
- Sell current vehicle and pay cash for the difference for a “new to us car” that better fits our needs
- Continue to contribute to our savings account
Don’t know where to start or looking for ways to make financial planning easier? A great tool when making resolutions for the New Year and analyzing your current situation is the Suntrust onUp resource. Take advantage of the Mental Wealth Quiz for suggestions on moving forward with better financial choices. Another fabulous resource is the onUp tools and resources, which includes a budget worksheet and savings calculator to help plan your onUp goals for the year. Both are geared to help you think about ways you will take steps towards financial confidence in the New Year.
At SunTrust Bank their purpose is lighting the way to financial well-being. When you feel confident about your money, you can save for your goals and spend knowingly on what matters most to you.
The onUp movement was created to guide millions of people one step at a time towards a more financially confident life without ever losing sight of the moments that matter along the way.
Join the growing number of people transforming their stress into positive motivation to move onUp.
This is a sponsored conversation written by me on behalf of SunTrust. The opinions and text are all mine.