Financial Fitness Tips

 1. This month, post an extra $10 towards the monthly payment on your highest interest credit card. Next month, increase it to $15, then $20 and more every month. You’re on your way to debt-free!

2. Carry a notebook or PDA around for one week (one month is better). Write down ALL your purchases, large and small. The act of recording, without doing anything else, will painlessly reduce your spending.

3. At the end of the week, review your list and cross off every expense that did NOT provide value. Consider the list for future purchases.

4. Increase your income: look for a side-business selling crafts, minding children, providing secretarial services. Pour additional income into debt repayment!

5. Get a first class education, all the online and books-in-print you can use, programs for the kids, free newspaper and magazine access and lots more . . . with a library card. Absolutely fundamental in your financial fitness strategy!

6. Can you rent out a room to a student, or clean out your garage or storage space or parking spot to rent to a neighbor? Optimize what you’ve already got!

7. Looking for a mortgage? Consider 15 years instead of 25 or 30. A small monthly payment will yield thousands down the line.

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