Tip 6: Review Your Insurance

A periodic review of your insurance – car, health, life, renters or home – might save you quite a bit of money now and in the future. My husband and I had the same auto and home insurance provider for over 30 years. You would think that as long time customers...

Tip 5: Check Your Credit Score

Knowing your credit score and report are important. This one little number determines how much you will pay on many of your debts. You can always check your credit score at www.freecreditreport.com. Clear up any errors you find and identify your problem areas. It is...

Tip 4: Divide Out Your Wants and Needs

Divide what you spent last year into wants and needs. Everyone has heard this before, but many people don’t take the time to actually apply this simple concept. Sit down with your checkbook or bank statement and create two columns on a piece of paper. Actually write...

Tip 14: Learn to Use Cash Again

With the invention and proliferation of credit and debit cards, cash has become much less popular.  In fact, it is used less and less as a form of payment. If you are struggling with your credit cards, try reintroducing cash back into your life. The simple rule is if...

Tip 3: Separate the Good and Bad Debt

As I mentioned yesterday, not all debt is bad. Divide your debt between good debt and bad debt. Focus your attention on paying off the worst of your debts first. If you are paying off two cards, say an American Express and VISA card, find which one of these has the...

Tip 2: Determine Your Debt Percentage

Virtually everyone has some form of debt, and that’s not always a bad thing. But having too much debt can cause undue amounts of stress in your life and begin to spill out of control. Debt can easily build upon itself and it is important for you to know how much of...

Tip 1: Get Organized

The first step on the road to financial freedom is to get organized. Before you can begin to make changes in your financial life it is important to remember the old adage, “To know where you are going, you need to know where you’ve been.” Gather all your financial...

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