Happy New Year! You’re probably taking stock of finances and trying to plan for the year ahead. Need some help? Try this simple approach.

• Calculate your net earnings for the year ahead.
• Add up all the big items of expenditure — groceries, mortgage, car payments and so on. Deduct this from income. (Your insurance premiums fit in here)
• Then deduct another 20% for smaller stuff and a margin of safety.

If you have a surplus, add another 10% to 20% for savings. Then you’ll know if you’ll have something left to spend, or whether you need to make cuts.

Sticking to this simple formula could make 2018 a positive year for you.

And if you need an insurance review, just give us a call: 844-631-4901