April is Financial Literacy Month, and a great time to get your personal finances on track. Here are a few tips to help you get started.
- Create a budget. The first step toward taking control of your financial life is to find out how much money you take in and how much you spend. Use our budget worksheet to get started.
- Pay yourself first. Consider using a payroll savings plan to automatically deposit a certain amount of money into your savings account each payday.
- Keep credit card use under control. Got a credit card? Remember, incidental purchases add up. Paying only the minimum amount due each month can result in finance charges that quickly make small purchases very costly. Your credit also can take a hit. If possible, pay your full balance every month.
- Protect your personal information. Reduce your risk of identity theft. Here’s how: Ask questions before sharing your personal information and know who you’re sharing the information with; store and dispose of your personal information securely; and maintain appropriate security on your computers and other electronic devices. While you’re at it, check out the warning signs that someone might be using your personal information.
- Order your credit report from annualcreditreport.com. Make sure the information is accurate, complete, and up-to-date before you apply for a mortgage or other loan, buy insurance, or apply for a job. If you find errors, dispute them.
- Learn about your options, and what to expect at the dealership, before you lease or finance a new or used vehicle.
- Comparison shop for home loans and mortgages. A mortgage is a product, just like a car, so the price and terms may be negotiable. You’ll want to compare all the costs involved in obtaining a mortgage. Shopping, comparing, and negotiating can save you thousands of dollars.
Please share our resources with friends, family, coworkers, and neighbors. And if you have a financial tip of your own, post it in our Comments section.
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In reply to Does this site show where by Scam buster
Are you looking for a refund from an FTC case? The FTC has a list of cases that resulted in refunds. Look at the list of cases. There is a phone number you can call if you have a question about one of those cases.
In reply to Please help me out with my by castello7670
This website has articles to read and videos you can watch to help with your future. Look at the list of words on the left. If you click on Money & Credit you'll see a list of articles to help you learn about saving money and using credit. There are more articles about other topics. Click on the words Video & Media. You'll see a page with many choices of videos to watch.