4 Mid-Year Money Strategies

Here you will find 4 simply Mid-Year Strategies you can implement immediately that can have a profound affect on your finances and IMPACT your credit scores. 1. Save at least 10% ten percent of your income. If you don't pay yourself first, there won't be any left over at the end of the month to save.

Set up an automatic transfer to an account to make it easy.

Think about it. It makes sense. 

2. Pay at least the minimum on your credit cards, and pay off all that you can. Making at least the minimum payment ON TIME accounts for 35% of your credit score, though paying off the entire balance each month can save you hundreds in interest.

creditpie_inquiries
creditpie_inquiries

3. Contribute enough to your 401(k) to get the maximum company match. Your kids can get help to pay for college, but NO ONE will help pay for your retirement. If you're not taking advantage of a company match, you're turning down a yearly bonus from your employer.

Think about it. It makes sense. 

4. Review your insurance policies and update as needed. Review your life, health, home, auto and disability insurance policies. Make sure you have cost replacement coverage on home and auto insurance, as well as good liability coverage.

Money and spirituality
Money and spirituality

Make sure your home insurance reflects the current value of your home. This is crucial. MOST people are paying much more. Review your policy today.

 Let's make our MONEY GROW!!!