What big plans do you have for 2015? Do they involve managing your finances just a wee bit differently than you did last year? Ours do!

There are hundreds of rules and bits of advice you can follow when it comes to your finances. That's a lot.  So we decided to boil it down to the five most important principles to think about when managing your money in 2015:

1. First and foremost, develop a budget and stick to it! If you already have one, review it and see where your finances have changed. Include a savings account to ensure that you are putting away the money you need before you have a chance to spend it. These savings are very important for any unforeseen expenses that may arise, like a burst pipe, flat tire, or medical bills. 

2. Set up reminders to pay your bills and credit cards before they are due. Yes before, not on the day they are due. Late payments will affect your credit score and setting reminders on your phone or computer is a great way to avoid being late. Trust us.

3. Create an expense report for yourself. Find out where you are spending too much money and how you can cut back. Maybe a Starbuck’s coffee every day really isn’t necessary…? You may find another place where that money would make a difference.

4. Plan now for large purchases! Start saving in advance if you know you're going to need a new refrigerator, car, washer/dryer, or any other major purchase in the near future so you’re not crunching numbers when the time comes to actually buy.

5. Set up a 401(k) plan! If your company offers this, take advantage of it right away. Pre-tax contributions give you maximum savings, and most companies will match all or part of what you contribute! You can’t tell us that’s not a good deal. If your company doesn’t offer a 401(k), you may want to set up an Individual Retirement Account (IRA).

 Well, that’s all we have for now. We hope these tips help you better manage your money in 2015...And beyond!