Seven Ways to Improve Your Finances

[Tom Barnett]

Hi Every Body,
How are you all? While having goals and resolutions is an excellent way to improve your finances, there are some basics you need to do in order to get ahead financially. Consider the top seven ways that you can improve your finances.

The first rule is often the most difficult for people. It is to be paid what you are worth and spend less than you earn. Evaluate your skills, productivity, tasks, contribution to the company and going rate for your job in order to make sure you are being paid what you are worth in the marketplace.

The biggest obstacle to your financially stable situation is credit card debt. Credit cards are easy to use and forget about until you are struggling to repay their debt. Even if you have the best of intentions to pay them off quickly you likely won't be able to. So avoid using your credit cards for all purchases unless they are emergencies.

Invest your money as much as possible. Even if you are already putting money into a savings and a retirement plan you should always consider your investment options.

Lastly, expand on your employment benefits. This includes your retirement, spending accounts, medical and dental insurance. Take full advantage of everything your employer has to offer in order to reduce your taxes and/or out-of-pocket expenses.

Good Luck!!!

[jasonnoguchi]

1. Cut up credit card
2. Pay off high interest loans
3. Buy car on CASH ONLY! Otherwise, take public transport
4. Expand your means! Achieve multiple streams of income
5. Increase your metabolism and energy... allows you to work on your multiple streams of income. Most people don't work more than their day job because they are "tired" all the time.
6. Buy quality, not cheap.
7. If you are debt free now, STAY THAT WAY!