How to Get Your Finances Under Control – Part 1

Are you living paycheck to paycheck? 

Are you having difficulty paying all your bills on time?

Are your credit cards maxed out?

If the above sounds familiar, you’re not alone. Like many other people out there, your finances could use some TLC – but you keep putting it off, and now, it’s time to do something about it.

Over the next few weeks, we will share steps you can take to start getting your finances under control. And don’t fret – with these simple steps, you’ll soon be on your way to a healthier financial future.

3 steps to get your finances under control:

1 – Open a Separate Bank Account

Having just one checking account can contribute to money management stress. So, open a separate bank account – look for one with no fees. Use one account where you automatically deposit part of your income for savings, and use the other account to cover your expenses like rent and bills.

2 – Protect Your Identity

Protect your identify and your money by keeping tabs on your accounts. You can do this by checking your credit reports and signing up for free services that alert you if someone applies for credit in your name.

3 – Relax, Get Comfortable and Check Your Credit Report

Having an error on your credit report can bring down your score, and a low score can negatively impact your life in many ways. So, relax, get comfortable and check your credit report. Only by checking your credit report can you make sure it’s free of errors, and if you have a low credit score, reviewing your credit report can help you figure out how to rebuild it.

So, with a plan and putting the rights steps in place, you can get your finances under control and have a healthier financial future.

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