As New Year approaches, besides the 12 a.m. fireworks, another hot topic is New Year's resolutions. It might sound cliché, but reflecting on the past year and planning improvements for the next is a valuable habit.

New Year's resolutions may vary according to people. For students, it might be boosting grades; for the health-conscious, achieving the ideal weight; and for businessman, generating more profits to company. However, an essential aspect that affects everyone is finance. So, what should be in your Financial New Year's Resolution

1. Live Below Your Mean

There's a Malay proverb, "Ukur baju di badan sendiri," which means to act according to your capabilities. In the context of personal finance, the proverb can be understood as to live within your means. While simple in theory, resisting the temptation to overspend can be challenging. Splurging on the latest sneakers or dining at a trendy, expensive eatery is fine, so long as it's affordable. However, spending beyond your means is unwise and risky. Don't worry, though. Be U's Aqil Personal Financial Management tool can help you set budgets and keep track of your expenses to prevent excessive spending.

2. Save More for the Future

Saving money is a step up in difficulty from avoiding overspending. It's tough but crucial. Saving is necessary because we can't predict future hardships like job loss, illness, and car breakdowns. It's advisable to have an emergency fund that covers at least three months of your expenses. Saving can also secure funds for other needs or life's comforts, such as vacations, weddings, or a house deposit. The Be U app's Nest feature can assist you in creating your own personalized saving goals to fulfill your financial dreams.

3. Explore Gig Opportunities

Aiming for higher income in your Financial New Year resolution makes sense, especially with rising living costs. While economic factors and inflation are beyond our control, we can increase income alongside reducing expenses. With today's technology and flexible working arrangements, opportunities to earn extra money are more accessible. For example, Be U Gigs allows you to apply for jobs according to your skills and schedule (subject to availability). Whether you're a night owl, an early riser, working full-time, or prefer gigs, the Be U Gigs platform is available whenever you are.

Be U is With You in Your Financial Journey

The Be U app is designed to make financial management more convenient. From tracking expenses and saving, to increasing your earnings - realize your financial resolutions this New Year with the Be U app. Take full advantage of it, as your financial health is important! Happy New Year!