Get Financially FitThe Arnold Classic was in town last weekend, bringing thousands of
physically fit pros and fans alike to the Greater Columbus Convention Center. Held
every year in our city, this event is a competition among the world's best
professional bodybuilders. While it may remind us all to take a look at our
physical activity, let it also be a reminder to get financially fit! Here are a
few ways to take control of your financial fitness this year
1. Stick to a budget.
Take a look at where you spend your money and how much and set up a
predetermined amount of money for each category. Then, try to stick to this
budget during the month. If your "out to eat" budget runs out, cook pizza at
home instead of calling for takeout. Our free Financial
Fitness Workbook can help you assess your finances and set up a reasonable budget.2. Know your credit score.
Maintaining a good credit score is crucial to your financial future. Your
credit score can affect your ability to get a loan, rent an apartment and
sometimes secure a job. It is important to know your credit score and review
your credit reports to check for errors, fraud or discover areas for
a non-profit company that partners with Telhio to help our members and
potential members achieve their financial goals, offers tools and tips for
managing your credit score.
3. Get organized.
Keeping your finances organized is an
easy way to stay sane while on your journey to financial fitness. It will also
ensure your bills are paid on time each month. Keep your electronic bills filed
away on your computer, and set a calendar appointment each month to remind
yourself to review and pay them. Or better yet, set up automatic payments so
your bank account pays your bills for you. You can even schedule these to
correspond with your pay schedule!
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