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>>

  • South Georgia group aims to stop underage drinking

    South Georgia group aims to stop underage drinking

    Saturday, April 21 2018 6:44 PM EDT2018-04-21 22:44:07 GMT
    South Georgia Starz working to prevent underage drinking. (Source: WALB)South Georgia Starz working to prevent underage drinking. (Source: WALB)
    The College Football National Championship game just days away and tickets are pretty pricey, but so are DUIs. (Source: WALB)The College Football National Championship game just days away and tickets are pretty pricey, but so are DUIs. (Source: WALB)

    An Albany nonprofit is working to address underage drinking.  South Georgia Starz Academy has gotten a mental block grant, through the Substance Abuse and Mental Health Administration or SAMHSA.  

    More >>

    An Albany nonprofit is working to address underage drinking.  South Georgia Starz Academy has gotten a mental block grant, through the Substance Abuse and Mental Health Administration or SAMHSA.  

    More >>
  • Art museum brings out local families

    Art museum brings out local families

    Saturday, April 21 2018 6:21 PM EDT2018-04-21 22:21:57 GMT
    Family day at the Albany Museum of Arts. (Source: WALB)Family day at the Albany Museum of Arts. (Source: WALB)

    For almost 10 years the Albany Museum of Art has encouraged families to explore their creative side.  Saturday was no different.

    More >>

    For almost 10 years the Albany Museum of Art has encouraged families to explore their creative side.  Saturday was no different.

    More >>
  • Groundbreaking for Lee Co veteran home

    Groundbreaking for Lee Co veteran home

    Saturday, April 21 2018 6:17 PM EDT2018-04-21 22:17:57 GMT
    The Flint Habitat for Humanity broke ground on a lot today in Lee County for the family of a veteran. (Source: WALB)The Flint Habitat for Humanity broke ground on a lot today in Lee County for the family of a veteran. (Source: WALB)

    A South Georgia veteran's family will soon move into a new home, thanks to the hard work of volunteers.  The Flint Habitat for Humanity broke ground on a lot today in Lee County for the family of a veteran. 

    More >>

    A South Georgia veteran's family will soon move into a new home, thanks to the hard work of volunteers.  The Flint Habitat for Humanity broke ground on a lot today in Lee County for the family of a veteran. 

    More >>
Powered by Frankly