Ten steps to getting your finances in order

The National Foundation for Credit Counseling this week put out a press release with these 10 tips to help consumers get their finances in order:

  1. Open bills the day they arrive.
  2. Review credit card statements thoroughly each month.
  3. Pay bills on time.
  4. Record each check and ATM withdrawal.
  5. Don’t max out credit cards.
  6. Track spending and know where money goes.
  7. Have at least a month’s income available for emergencies.
  8. Have three to six month’s income saved in case you lose your job.
  9. Review your insurance each year to make sure you’re not over- or under-insured.
  10. Have plan for tomorrow — and follow through.

finances