2022 Money Moves

What are you building for…

The start of a new year can be exciting. It’s an opportunity for a fresh start, challenge ourselves, and commit to new things. The top three New Year’s Resolutions usually fit into the health/wellness, spend more time with family and friends, and personal finances categories. I want to eat better and exercise more. I want to spend more quality time with family and friends. I want to pay off my debt and save some money. Pretty typical.

We can’t really help with the first two, but we’ve put together some helpful steps toward financial relief in 2022.

  1. Be intentional and realistic. Write down both your 1-year, 5-year and long-term goals. Did you know that if you contributed just $25 per week into an S&P Index fund starting at 25 years old, then you would have built a savings of over $300k by the time you are 60? Set this up as an auto-withdrawal so you don’t feel the impact.
  2. Change one behavior. Well change two to double this impact. It only takes $27.50 per day to earn an extra $10,000 per year. Which means that if you change just one behavior you could save $27.50 per day. Now you’ve made an extra $10k and saved $10k.
  3. Track your effort. Make these two things a game. Build a chart (daily, weekly, monthly). Note where you save your $25/week into your index fund and how you saved and earned just $27.50/per day.

If you need a little extra cash to feel stabilize your New Year’s financial relief plan, visit a friendly CashMax store near you. We love our clients and love meeting new customers.

  1. Get pre-approved for a cash advance up to $2,000 or title loan up to $2,250 over the phone from one of our knowledgeable associates.
  2. You can start the process of getting a cash advance or title loan online.
  3. CashMax has 38 convenient locations in Texas to serve you: