1. Create a Financial Plan and Set Goals
Set short term and long term goals to manage your money.
2. Live Within Your Budget
Always spend less than you earn and live within your means.
3. Understand Banking Basics
Use a checking and savings account to keep your money safe, secure and growing.
4. Invest Wisely
Learn how to choose the right mix of investments based on your personal financial goals.
5. Understand Your Pay Check
Know the difference between Gross and Net Pay and how mandatory and non-mandatory deductions affect each
6. Control Your Debt
Avoid using credit cards as “play money.” Don’t spend money you don’t have.
7. Plan for Big Ticket Purchases
Set realistic savings goals for big ticket purchases like a house or car.
8. Purchase Insurance
Protect yourself and your assets by purchasing insurance.