People often attack their New Year’s resolutions all at once instead of spreading them out over the year; this approach is likely to be overwhelming and lead to giving them up early. Try implementing one of these tips every month or so to move towards optimum financial health.

When it comes to spending, it is important to differentiate between necessities and wants. Anything other than food, transportation, housing, shelter and clothing is often not a necessary expense and may be reduced or eliminated. Try to remove 3 spending non-essentials from your budget over the following year, such as your morning coffee run, an unlimited data plan or even a second drink when dining out.

A savings account is crucial for unexpected expenses and a financial cushion. Start with any amount, even if it’s only a few dollars a month, and try to increase it over time. If your paycheck is directly deposited, you should be able to automatically divert a portion to a savings account.

Shop around for lower rates on home, life, renter’s and car insurance. You can also contact your cable, phone and Internet providers and ask for better deals to keep you from jumping ship.

Keep an eye on your credit score and credit report. Every year you may download one free credit report from the three major credit sites. You can also receive your credit score for a nominal fee. Review the reports thoroughly and address any errors directly with the reporting companies, as well as evaluate your credit score and take advantage of reputable avenues to raise it if necessary.

Start thinking about smart holiday spending as early as possible. If you have the means, consider setting up a Christmas Club account at your bank – just $50 a month put away can add up to a healthy Christmas nest egg come next December. In addition, now is the time to take advantage of post-holiday sales and stock up on wrapping paper, decorations and even gifts.

Enlist friends and family in your financial health plan. Whether your New Year’s resolution is to lose weight, quit smoking or stick to a budget, it will be easier to succeed with the support of those closest to you. Don’t be shy about letting people know that you need and expect them to support you in achieving your goals.