Are you doing your best to save for your future?

It can be very challenging to begin a savings program. After necessities such as food, clothing and housing, there can be little left to put aside for future goals.

Unfortunately, failing to save could mean the difference between enjoying a comfortable retirement and giving up some basic needs. Often it is a matter of making the decision to begin saving now in order to buy a new home or car later.

The goals you set are important t you.

Making changes to prepare for those goals can make a difference.

For that reason, State Farm has taken a look at various ways to get a person’s savings plan on track.

We’ve come up with seven strategies that you can use today.

Don’t splurge with your tax refund

Instead of spending your refund, use it wisely by paying down debt, funding an individual retirement account or saving it for future financial goals.

Take full advantage of your employer’s retirement contributions

Your employer may match a percentage of the contributions you make to your retirement savings plan. It’s a good idea to do what it take to get the matching limit. It’s free money that can really help your bottom line during retirement.

Start small and stay steady

The first word is the most important — start. You should begin as early as possible to get the most our of your savings plan.

Pay yourself first

Think of your savings or investments as a bill you must pay on a regular basis, much the same as a car or mortgage payment. Be disciplined and make the payments according to a set schedule. For better results, establish an automatic monthly deduction from your paycheck or checking account to fund an investment or savings account.

Create separate plots of savings for upcoming life stages

Retirement may be an important goal for which to begin saving, but other goals or events need as much or more preparation. Don’t short-change other goals while concentrating on one thing. Whether it’s a home, car or child’s education, it is important to give appropriate attention to each.

If you have children, find the right education plan

You have a number of choices when it comes to saving for a child’s education. Finding the one makes sense for your situation takes planning and information. This takes us to the seventh and quite possibly, the most important point…

Work with someone you know and trust

Everyone’s needs and goals are unique. Just as you go through many changes during your lifetime, your financial goals may change. You should work with a professional who not only knows about various plans and strategies, but knows you and will stay with you thorough the long haul. Most people feel the best guidance they receive comes from a financial professional they know and trust.

In the end, it all boils down to making a plan getting started and staying the course. When you make the decision the finally start, contact a financial professional who knows you and understands your needs.

Stuart Heflin is a Natchez-based insurance agent with State Farm Insurance. He can be reached by calling 601-442-9138.