You don’t learn everything about money at once. Most of us take a series of steps in the right direction until we finally feel in control of our finances. If you’re not sure what steps to take, Credit.com has a monthly guide to help you get started.
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In their guide, they lay out a different actionable task every month to help get your financial life in order, from boosting your debt payoff to saving for retirement to writing your will. There’s nothing new about these steps, but sometimes it helps to have an organised plan to guide you along. For example, here are their goals for the first few months:
- January: Create a SMART goal to pay off credit card debt.
- February: Increase your emergency fund.
- March: Pick a debt payoff method and start paying.
In the same spirit, we’ve relaunched our annual money challenge for 2017, so you can follow along with that, too. This month’s challenge is to save a dollar more each day, for example, and we’ll announce a new challenge every month. For more financial to-do items, though, head to Credit’s full post below.