Smart Guide to Successful Month-to-Month Savings

Another year has just ended and another one has started. For many who had an awful 2014, the year 2015 is an opportunity to start with a clean slate. For people who had major financial problems in the past year, this year in particular offers new hope. It's about time to develop new habits and break free from financial bondages of the past.

If you're starting from scratch, one of the first habits you need to develop and eventually master is the art of saving. Because it's a new year, you must strive to break free from wasteful and unreasonable spending. To help you kick things off right and sustain it throughout the year month after month, below is your smart guide:

After all the holiday spending, your financial situation may not be in a good spirit at the moment. You might have over charged your credit card just so you can buy everyone their gifts. Unfortunately, you still have to pay for your credit card including the high interest rate this year. To avoid getting in the same financial situation again, you can open a separate savings account dedicated for the holidays. You can put money in throughout the year thereby saving you the trouble when the holidays come around.

If you're planning for a special Valentine's Day with your loved one, it's best to plan ahead of time. Avoid buying gifts at the last minute if you want to save money. And remember that you don't really need to spend big bucks in order to make it the most unforgettable Valentines yet.

Around this time, winter coats are on sale so if you're planning to overhaul your winter outfits, the month of March is the time to buy. From coats to other winter clothes and accessories like gloves and skis, this is the time to start shopping around in order to save money on your clothing.

Tax time usually means crunch time for most people. Don't join them by preparing your tax early. At the same time, you can also help your future tax bill by opening a retirement account this month if you haven't done it yet. Doing so will let you put money into the account with income tax paid up front. When it's time to withdraw the funds, it will be tax-free.

As the weather starts to warm up, you may want to consider starting a garden to save on grocery bills. Research suggests that investing in seeds and fertilizer will pay off big time in the long run rather than if you buy produce month after month.

This is a hot time of the year but it doesn't mean you should water the lawn excessively. You'll end up with a hefty water bill otherwise. To keep water usage under control, make sure you keep track rainwater as that's usually what most lawns need.

This may be a high season for vacation and you've probably already planned where you're going but you may want to reconsider if you want to save money. Rather than go this month, it is more cost-effective if you vacation in October instead.

If you have kids, this is a good month to save money on school supplies. With the numerous coupons available this month, you have to take advantage and grab each one then use them when buying school and office supplies.

Winter is just around the corner which means you need to start preparing as early as September to save money. Think about details such as weather proofing your home. If you want to save on electricity bills, you should work on weather stripping your home so you don't have to turn on the thermostat often.

If you're planning to celebrate Halloween, you may want to rethink your decoration options. You don't have to go all out in order to have a fun time. Rather than spend big bucks on decorations, reserve it for the next expensive holiday that is coming up in just two months.

You should start shopping for holiday gifts by now if you haven't started it yet. One of the reasons why most people overspend during the Holidays is because of waiting till there's no more time to buy gifts. Avoid the rush and shop smarty around this month to save money.

You're down to the last month of the year. Don't break the habit and continue your saving ways by spending money with caution. This is the time where you take out that separate savings account dedicated for the holidays. Use the money to buy gifts and food rather than charge everything on your credit card. This way, you save money and you get to start the next year right financially.