Friday, 8 June 2018

If finances seem overwhelming, simplify. The key to controlling your financial future may be less complex than you think.

 We've polled experts to find the best steps you can take to set yourself up for success. Best of all? They're completely free!

1. Set up a basic budget

Budgeting is easily the most overlooked component of most stressed financial lives. It's amazing how having a basic written list of expenses for the month can help with planning and preventing problems down the road. Don't know where to start? There are apps that will help you get started.

2. Invest the time to go Digital

If you haven't already, set up Mobile Banking. This will ensure you know what's happening with your money no matter where you are. No more guessing. Set up mobile alerts so you're notified if you get a deposit or if your balance dips too low. It only takes a few minutes and adds so much convenience and control.

3. Make Bill Pay a part of your life

Setting up recurring payments to happen automatically isn't just a matter of convenience; it may also prevent late payments and help you stick to your budget. This may be the best thing you can do to lower ongoing stress over bills--automate them!

4. Save for a rainy day

Making small changes to spending habits can help you reduce spending and start saving. Having an emergency fund may help minimize your stress and prevent serious issues when unexpected costs arise.

5. Build your team

Find trusted experts to help tackle your money questions and help keep you on track to meeting your goals.

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