April is Financial Literacy Month. This month make at least one change to your spending habits to improve your financial life and reduce future financial crises. Making at least one change can: save you money, help pay down debt, and plan for your future.
Make a promise to you and your family that starting in April you will do at least one of the following.
1. Create a budget or spending plan and track spending daily, weekly or monthly
2. Pay bills on time
3. Get current on any late bills – negotiate or setup payment plans
4. Don't buy something if you don't have the cash to pay for it
5. Get overdraft protection to reduce bounced check fees
6. Don't file for bankruptcy
7. Order a copy of your credit report and dispute any errors
8. Pay off at least one credit card this year
9. Create an emergency fund/savings account
10. Reduce spending by using coupons, buying items on sale, in bulk or shopping at discount, wholesale or outlet stores
11. Verify bank statements each month
Improving your financial situation can take time but it is worth it. To educate yourself about your rights as a consumer and about various financial literacy topics visit ftc.gov.
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