How to Fix your Credit: 4 Easy Steps
I didn’t have parents who were responsible enough to teach me about money or debt. We either had money or we didn’t- and when we did, we spent every penny. When we didn’t, we exhausted our credit limits.
No here I am, at 33 years old, fixing things that I should have learned at 16 (or even sooner.)
If something were to happen right now would you survive? Do you have savings? How is your credit looking these days? Are you prepared to take care of any medical, household, or business emergencies should they come your way?
As moms we have not only ourselves to consider but also our babies. We need to be responsible to teach them about money and the road to financial freedom.
Let’s fix this, mamas. Let’s do the thang! So today I am sharing with you the first steps to fixing your credit.
There are online apps that can help you with this. Just take the first step.
First steps to fix your credit:
1. Find out where you are financially.
How much you have, how much you make, how much you spend, and how much you owe.
2. Start tracking your money.
There are apps that can track every penny coming in and going out. Most banks have an app for this.
3. Edit your spending.
Take a few moments to get rid of any unnecessary expenses like subscriptions, unused memberships, and monthly fees. Use the money saved to pay the smallest debts and work your way up.
4. Set money goals.
How much do you want to make, save... and how much debt can you pay off over the next 6 months.
I’ll be checking in with y’all each month, sharing my progress, and waiting to hear your success stories.
I’ve shared just a few of the steps I’ve taken to fix my credit.; what will be your first step?