Money Management for 2022
For many this is a year for financial growth. Here are some of our Do's and Don'ts
2022
Money Management
Finacial Growth is important! Here are some of our favorite ways to getting ahead.
Without proper money management, your future will suffer. It's easy to get off track when we get a large amount of money in our hands. We see everything we WANT, but not what we NEED. Below are my favorite tools/ways to help with building your financial profile.
Savings! Is it hard to save? It can be for some, and almost impossible for others. Saving $5-$10 every paycheck is a huge start to saving if you like doing things manually. If you have a debit card, you most likely have the option to turn on your "Keep the change" which is a GREAT saving tool. After every purchase, your bank rounds up to the nearest dollar. That amount is put directly into your savings account. Over time you'll have $20 or more saved without having to do anything but SHOP!
Credit Building! Are you having trouble building your credit even after paying off loans and debt? SELF has a way to help anyone! SELF is a credit building company that offers a wide range of options for everyone. The benefits are amazing! No credit check and no deposit to apply. How does it work? You start by opening a Credit Builder Account. You select the amount for which you'd like to pay each month.
I know that sounds weird, why do I have to pay to build my credit? The answer? When you apply for a "Credit Card" your credit score is almost ALWAYS affected. To build your credit with one, you have to show that you're paying off the debt you have on your card. With SELF, you're paying this money into a savings account that you will soon get back. For example, you decide on $25 a month. You pay that on time every month and it's reported to all 3 credit companies that make up our credit score. Over 6 months, it shows that you're paying on time which shows them you're being responsible. If you'd like to know more about how SELF can help, visit them at www.Self.inc
Bank Accounts! Over the last several years we've all had our fair share of issues with large corporate banks. The ones who charge us crazy fees every month for no valid reason. After doing some research of my own, I found a bank that offers everything we all LOVE and WANT! No monthly fees, monthly offers, and you can also get your direct deposit 2 days early. That bank is VARO Bank. If you find these offers ideal, visit them at www.VaroMoney.com
Budgeting! YES! This is important! We should always have a budget when it comes to spending money. Allow yourself to buy the coffee on Saturday morning. But, limit that to only twice a month instead of 4 times a month. It allows you to save for a rainy day but also helps build self-control. The movies this weekend with friends? Rent the movie and turn Friday night into movie night at home. You get the benefits of saving money and learning to enjoy time with yourself. It's always okay to reward yourself, cut the money you spend on going out in half, and watch how your life changes.



