Get your finances in check for the New Year - WALB.com, South Georgia News, Weather, Sports

Get your finances in check for the New Year

December 27, 2006

Albany--  Financial planners say the New Year is a good time to get your financial future in order.

Along with other New Year's resolutions, mapping out your money should be on the list. Marilyn Hedrick with AG Edwards says the biggest step is getting rid of debt especially from credit cards.

She also says no matter how big or small your income, you should try to save some money every month. You can put it away for retirement or for emergencies.

"The emergencies are what tend to really grab us and make havoc in our life if we don't have any money set aside to take care of them," said Hedrick.

Hedrick says once you pay down your debt and tuck a good amount of money away safely, then you can look into investing. She says mutual funds are safe and easy and money market accounts also give a good rate of return.

feedback: news@walb.com?subject=FinancialAdvice

 

  • More WALB News10 HeadlinesMore News HeadlinesMore>>

  • Americus Police to hold first-ever "Coffee with a Cop" on fallen officer's birthday

    Americus Police to hold first-ever "Coffee with a Cop" on fallen officer's birthday

    Wednesday, March 29 2017 5:37 PM EDT2017-03-29 21:37:23 GMT
    (Source: WALB)(Source: WALB)

    Americus Police officers will honor their fallen brother in blue on his birthday this year. April 5 will be Officer Nick Smarr's birthday. Smarr was shot and killed in the line of duty on December 7, 2016.

    More >>

    Americus Police officers will honor their fallen brother in blue on his birthday this year. April 5 will be Officer Nick Smarr's birthday. Smarr was shot and killed in the line of duty on December 7, 2016.

    More >>
  • Deputies recover hundreds of stolen items

    Deputies recover hundreds of stolen items

    Wednesday, March 29 2017 5:08 PM EDT2017-03-29 21:08:45 GMT
    Deputies are sorting through hundreds of stolen items that were recovered at a Lowndes County home Tuesday night. (Source: WALB)Deputies are sorting through hundreds of stolen items that were recovered at a Lowndes County home Tuesday night. (Source: WALB)

    Deputies are sorting through hundreds of stolen items that were recovered at a Lowndes County home Tuesday night. According to the Lowndes County Sheriff's Office, Richard Kent II barricaded himself inside his home Tuesday night off highway 41.  http://www.walb.com/story/35017452/man-arrested-after-barricading-himself-in-lowndes-co-home Once deputies were able to get in the home they found rifles, pistols, electronics, and many other items.  Sheriff Ashley Paulk says he ...

    More >>

    Deputies are sorting through hundreds of stolen items that were recovered at a Lowndes County home Tuesday night. According to the Lowndes County Sheriff's Office, Richard Kent II barricaded himself inside his home Tuesday night off highway 41.  http://www.walb.com/story/35017452/man-arrested-after-barricading-himself-in-lowndes-co-home Once deputies were able to get in the home they found rifles, pistols, electronics, and many other items.  Sheriff Ashley Paulk says he ...

    More >>
  • Armed robbers on the loose

    Armed robbers on the loose

    Wednesday, March 29 2017 3:45 PM EDT2017-03-29 19:45:09 GMT
    (AP graphic)(AP graphic)

    A woman told police two men approached her in the 700 block of East Broad Avenue, around 3:30 Tuesday morning.

    More >>

    A woman told police two men approached her in the 700 block of East Broad Avenue, around 3:30 Tuesday morning.

    More >>
Powered by Frankly