Organise Your Finances in 5 Steps

Share

ORGANISE YOUR FINANCES IN

5 STEPS

If you want to make your money last, you need to get organised. Here are a few steps and tips to help you get your finances in order.

1

CHOOSE A

SYSTEM

In order to get organised, you will need to choose a system where you are going to track your financial information. Computer programs like Quicken, Buxfer and Moneydance are web-based solutions where you can track your budget, spending and set bill reminders.

2

SIMPLIFY, SIMPLIFY

SIMPLIFY

Once you have identified an organisational system, you need to consolidate your bills, bank statements, receipts and miscellaneous documents. A few ways do this are:

  • Opt out of credit card offers. Visit OptOutPrescreen.com!
  • Consolidate accounts where you can.
  • Cancel memberships or accounts you no longer use.
  • Go for automatic transactions: Direct deposit, online bill pay and automatic investments make your financial life easier.

Save money by establishing a budget and sticking to it. You can set one up using the programmes mentioned in step one or create an Excel spreadsheet or Google Doc.

Visit www.moneyadviceservice.org.uk to use their free budget planner.

3

MAKE A

BUDGET

3

MAKE A

BUDGET

Save money by establishing a budget and sticking to it. You can set one up using the programmes mentioned in step one or create an Excel spreadsheet or Google Doc.

Visit www.moneyadviceservice.org.uk to use their free budget planner.

4

INCLUDE AMUSEMENT

EXPENSES

Budgeting is essential, but don’t forget to include entertainment expenses. Having a night on the town, purchasing new clothes, and going to see live events should be considered.

Over half of the adults living in the UK are living in serious debt. Does your budget show you are spending more per month than you earn? Is most of your money going towards your amusement expenses?

If over the years you have built up debt, make it a priority to pay it off as quickly as possible. How? Work out the interest rates and pay off what is costing you the most each month.

PRIORITISE

DEBT

5

5

PRIORITISE DEBT

Over half of the adults living in the UK are living in serious debt. Does your budget show you are spending more per month than you earn? Is most of your money going towards your amusement expenses?

If over the years you have built up debt, make it a priority to pay it off as quickly as possible. How? Work out the interest rates and pay off what is costing you the most each month.

Embed This Image On Your Site (copy code below):

Avatar

About 

Jordhan Briggs is a content writer and copywriter at Enova International, Inc. dedicated to providing the most informative and useful content about living a rewarding life on a budget.

Comments

The information in this article is provided for education and informational purposes only, without any express or implied warranty of any kind, including warranties of accuracy, completeness or fitness for any particular purpose. The information in this article is not intended to be and does not constitute financial or any other advice. The information in this article is general in nature and is not specific to you the user or anyone else.