The two most common New Year's Resolutions have to be making ourselves thinner and our bank accounts fatter.
When it comes to saving more, there are some simple strategies you can use that are really going to enhance your odds of success. For example, strategy number one: Setting a goal. Exactly how much are you going to have in that bank account on Dec 31, 2014?
"If you're not saving for something in particular, you don't have a goal, chances are you're not going to stick with it."
Strategy number two: Pay your savings first. Don't save what's left over at the end of the month: Make putting money into savings something you do at the beginning of the month, like every other bill you pay.
"If you don't pay yourself first and put that 10 percent away, you'll never start your savings."
Where will you find the money? With strategy number 3: track your expenses. It's easy with free online sites and apps.
Once you've tracked your expenses and you know where your money's going, you can find places you can save.
Your insurance bill, your groceries, your cable bill, your cell phone.
Whatever it is, there are guaranteed ways you can pay less without sacrificing your quality of life.
Let me show you what it looks like. Want to know how people go from the red to the black? They squeeze their expenses and they put that money into their savings.
"Then you'll start to see trends of where you spend your money and you may be surprised at how much you're spending without even realizing it."
And finally, strategy number four: Take yourself out of the equation by making those savings automatic: have them taken out of every paycheck.
These are the techniques professional credit counselors use to help people destroy debt, and they'll work to build your savings too, if you work em.
Now all you need is a little more information and some motivation, and you'll find both here at MoneyTalksNews.com.
Just do a search for "Resolutions 2014." For Money Talks News, I'm Stacy Johnson.