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Wednesday, May 17, 2017

10 Ways to Organize Finances

10 Ways to Organize Finances

Finances are important to keep organized, whether it ia for business or personal.These are some tips I try to use.

  1. Keep your money organized in one place. Use Mint or Learnvest to look at all your banks, credit cards in one application.
  2. Set a budget. Budgets can be helpful. See how much money you make and set a daily budget and a budget for different items
  3. Pay with cash when you can. Carry cash in your wallet.
  4. It may sound silly, but keeping a nice wallet can help you stay more organized and even help you make more money. Find a wallet you love.
  5. Sign up to get statements electronically to save paper.
  6. If you prefer paper statements, make sure to save them in a file folder dedicated to finances. Backup a copy of important files electronically.
  7. Pay bills on time. Write in your calendar when a bill is due and set reminders the day before so you are not late.
  8. Pay off debt. Make a plan to pay off debt. The snowball method is a great method to use. One of my main goals this year is to get rid of all my debt. With the right plan, debt is possible to pay off.
  9. Save money. Set a seperate bank account for your savings. Use an application like Acorns to automatically save money.
  10. Ask for a raise. You deserve it! Or get an extra job to make more money.

What are are your best money saving and organization tips?

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