Tips for Managing Personal Finances
Whether you’ve just lost your job or have been unemployed for years, getting your personal and family finances under control can be one of the biggest obstacles to overcome. Tune in every Thursday at 9 pm et/pt to see Hayley Taylor, “The Fairy Jobmother,” help families get out of debt and back into the workplace, and read her tips for managing your finances here!
Locate your nearest job center. Job advisors may be able to steer you in the right direction and will have names of companies that you can contact or visit to help with finances.
Get in touch with your bank. Spend time with a financial associate who can give advice in regard to your personal and business accounts.
Research debt-counseling classes or seminars that may be taking place near you. There might be free lectures happening somewhere near, so keep your ears and eyes open.
Get organized and file all of your financial documents so that you can prioritize and make sure you pay the most important outstanding debts first. Make a document of your incoming and outgoing finances. If you can see where you are overspending each month, find out why, and think about how you can reduce your expenditure. Think about what you really need to spend money on each month.
Have a yard sale and get rid of items you don't need and that are cluttering the home. This can be fun, so get the kids involved! If you don't need it, then sell it. There are several online sites that enable you to sell belongings. This is a quick and easy way to make money.
Visit websites or download applications that will help you manage your money or organize your finances. Look for websites that help with debt counseling or finance budgeting, or provide ways to encourage your children to save and learn about money.
Study up with books on business or finance from your local library.