New Year’s Day offers us all a chance to take stock of our personal finances. According to a recent survey from Chase, it is the majority of the nation’s young adults—not their parents— who are determined to improve their personal finances in 2011.
The findings revealed that Americans between the ages of 18 and 34 are twice as likely as parents to want to better manage their finances this year, including efforts like saving more money, paying down debts, and developing a budget. Young adults are also more likely to believe that their personal finances are getting better than other age groups.
Motivation is not enough for these young adults; they also need the tools to help them succeed. One such example is Chase Blueprint, an innovative set of features available on many Chase credit cards that lets users create custom plans to manage spending and borrowing:
- Full Pay: Avoid paying interest on the categories you choose (like groceries and gasoline)
- Split: Pay off large purchases faster, and by doing so, save on interest
- Finish It: Set a pay-off date for your balance and pay it down faster to save on interest
- Track It: See spending trends at a glance and track your progress against your goals
Start the New Year off on the right foot with Chase Blueprint.