Falling behind in your finances can happen in the blink of an eye. One minute you’re living lavish and spending like a baller, then before you know it, funds are low and you’re counting couch change. Here are some quick ways to keep your money on track:
1. Make a budget and stick to it.
Evaluate your income and your monthly expenses. In today’s digital world, it is easy to overlook how much money you’re actually bringing in and dishing out. Making yourself familiar with how your money flows will allow you to figure where to cut back spending. Check (and check again) your bank statement often.
2. Can you pay your bills?
Paying your bills on time is an imperative factor in keeping your finances in check. Constantly missing payments can have a grave affect on your credit score. By paying your bills on time you leave little room for mistakes, or forgetfulness (we’ve all forgotten to pay a bill once or twice). Try paying your bills as they come in, if that does not work setting up a payment schedule could be useful.