Whether you’re dealing with debt or trying to spend a little less money, it’s important to take control of your personal finances. It’s easy to develop unhealthy money habits, but those bad habits can be broken. This article will give you some great personal finance tips that will improve your relationship with money.
Taking advantage of a bank’s program to automatically make deposits into a savings account, can be a wise personal finance move. Many banks offer such programs. They take a fixed percentage of every deposit or a set monthly sum out of a customer’s checking account and deposit it in a savings account. This can help the customer build up savings without any hassle.
Don’t order your checks through your bank! Most banks charge a pretty hefty fee for printing your checks because they aren’t the actual printer. They are financial institutions but they are just a middle man when it comes to printing. Look for ads in the Sunday inserts to find a cheap check printer.
When paying down your debt avoid unnecessary expenses such as credit-monitoring services. You are able to attain a free credit report from each of the three credit reporting agencies each year. Apply the extra cash to your debt instead of paying a third party company to monitor your credit report.
If you have a credit card with a high interest rate, pay it off first. The money you save on fees can be significant. Very often credit-card debt is … Read More