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FDIC-Insured – Backed by the full faith and credit of the U.S. Government
As 2025 begins, it’s the perfect time to step back and take charge of your financial health. After the holidays, your finances may feel stretched, but a new year presents an opportunity to realign your goals, focus on savings, and establish smarter money habits. With the right tools at your fingertips, like those offered by BankSouth, you can make this year your most financially secure yet.
Understanding where you stand financially is essential for a fresh start. Use BankSouth’s online banking tools to track all of your financial accounts and calculate your net worth by subtracting your liabilities (debts) from your assets (savings, investments, and property). This snapshot of your financial health can guide your decisions and help set achievable goals for 2025.
Need help tracking spending or categorizing expenses? BankSouth’s Money Management tool makes it simple to identify areas where you can save and improve.
Savings goals often take a backseat to day-to-day expenses, but BankSouth can help you prioritize them. Open a savings account online or with your local banker and automate your contributions to grow your funds consistently throughout the year. With life’s uncertainties, having three to six months of expenses saved can provide peace of mind. Start small and grow from there. Plus, you can automate your savings with scheduled internal transfers in online banking that can help you reach your goals faster.
Debt reduction is a crucial part of any financial reset. If credit card balances piled up over the holidays, tackle high-interest debts first. BankSouth’s online bill pay makes paying down debt easy and organized, so you never miss a payment. Want to get ahead of next year’s holiday spending? Consider opening a Christmas Club savings account.
Keep spending in check with Card Controls available in the mobile app. These allow you to set spending limits, monitor transactions, and freeze your card instantly if needed—a vital tool that puts you in control of your financial habits.
Setting and achieving financial goals doesn’t have to be overwhelming. Use BankSouth’s tools to help visualize your progress toward savings for major milestones like a home, vacation, or retirement. Whether you’re just starting to save or looking to optimize contributions to your retirement accounts, these tools ensure you stay on track.
Financial security isn’t just about saving; it’s also about safeguarding your assets. In today’s digital age, online security is vital. BankSouth prioritizes your protection with tools like transaction alerts and two-factor authentication to monitor suspicious activity and keep your accounts safe.
As you take control of your finances in 2025, remember that preparation and smart tools are key. BankSouth’s suite of banking resources is designed to empower you to manage your money confidently, securely, and efficiently.
Aside from digital tools, having a trusted local personal banker as your partner not only provides personalized financial guidance but also serves as an invaluable resource for quickly detecting and addressing potential fraud on your accounts, giving you peace of mind. If you don’t have a personal banker, we’d be more than happy to help find one who is right for you!
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