December is the perfect time to set yourself up for success in the new year. A little planning now can make a big difference when January rolls around—especially if you’re working with a tight budget. Here are practical steps to help you start 2026 on solid financial footing:
1. Prioritize Essentials
Before spending on non-essentials, make sure your basics are covered:
- Rent, utilities, and groceries should come first.
- If your income changes from month to month, base your budget on your lowest monthly income to avoid shortfalls.
2. Tap Into Assistance Programs
You don’t have to do it alone! Milwaukee offers resources to help:
- Apply for energy assistance and rent assistance through local programs like Community Advocates.
- Call 2-1-1 for statewide resources and referrals.
3. Build a Small Emergency Fund
Even small savings add up:
- Start with $5–$10 a week.
- Keep this fund separate from your spending account so it’s there when you need it.
Free Financial Counseling in Milwaukee
If budgeting feels overwhelming, free help is available:
- Milwaukee Financial Empowerment Center (FEC)
Offers free, one-on-one financial counseling for all residents—no income requirements. Services include budgeting, credit improvement, debt management, and savings plans.
Located at Riverworks, 518 E. Concordia Ave.
Call 414-882-7430 or Schedule Online - Credit Counseling Service of Greater Milwaukee
Offers budget planning, debt management, and financial education with sliding-scale fees (often free).
888-799-2227 | creditcounselingwi.org
Tip: The sooner you start planning, the easier it is to stay on track. Small steps today can lead to big improvements in the months ahead!
