Part 5 – Good Financial Management Habits

 Part 5 – Good Financial Management Habits

186. Track your monthly expenses/where does your money go?
187. Prepare a monthly budget.
188. Develop a savings plan.
189. Pay yourself first.
190. Appreciate the power of compounding.
191. Manage credit cards well.
192. Work on improving your credit score.
193. Review your credit report and credit score on a regular basis.
194. Develop a plan for getting out of debt.
195. Cut down on costs.
196. Pay bills on time.
197. Make a shopping list.
198. Avoid impulse spending.
199. Keep good financial records.
200. Invest and earn.
201. Live below your means.
202. Build an emergency fund.
203. Do comparison shopping.
204. Haggle/bargain when you can.
205. Read the fine print before signing contracts.
206. Buy nonperishable items in bulk.
207. Routine, regular or preventative maintenance can help save money.
208. Read about good financial management habits.
209. Learn about retirement planning.
210. Start saving early towards retirement.

Comments