Alabama State Treasurer John McMillan

The beginning of a new calendar year is the perfect opportunity to recommit to one’s financial goals and refine the steps needed to accomplish them. To help jumpstart your resolutions, we’ve provided our top recommendations that are achievable and simple to keep going all year long. Read on to learn more!

Resolution #1: Set and achieve a realistic savings goal

There is some logic behind setting a pie-in-the-sky savings goal; it can encourage you to work hard and give savings your all. However, if your goal is not realistic, it often becomes easier to lose motivation a few months in, or even give up on the savings journey altogether.

For 2021, evaluate your needs and income, and create a savings goal that with effort you will be able to accomplish. Once you have a plan in place, the knowledge that every month brings you closer to achieving that goal will help you stick with the resolution all year long.

Resolution #2: Never miss an opportunity to save

Life gets busy, and it can be easy to forget about the resolutions we made at the beginning of the year. But this year can be different when it comes to your savings – with the help of the Automatic Investment Plan (AIP). Simply set the amount and frequency of your contributions, and AIP will help ensure that you stick to the plan, by automatically initiating them.

In addition to automating your savings, consider directing any extra funds or cash gifts you receive throughout the year towards your Enable Alabama account. Every time you take advantage of an opportunity to save, you get that much closer to achieving your goal!

Resolution #3: Embrace community support

Our close networks are our number one source of support and encouragement. Your friends and family members want to see you thrive and achieve greatness, financial wellness included. For birthdays and holidays this year, make a resolution to add your community to your savings team through gift contributions.

With Ugift, your Enable Alabama account is assigned a unique code that loved ones can use to quickly and easily make contributions using a check or electronic transfer. Unlike many other gifting programs, gift givers do not have to join, register or pay a service fee, and they don’t need any additional information about your account. With a gift certificate contribution, loved ones can fill out and mail a contribution coupon to Enable Alabama, and download and print a card from our website to give for the occasion.

Today and every day we are thrilled to spotlight these incredible individuals and community disability organizations. Wishing all a happy and healthy New Year!

If you have any additional questions regarding your account or the tax benefits of the Enable Savings Plan Alabama, please reach out to us via email at or at 1-866-833-7949.