Getting Financially Fit:  What It Takes

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How would you grade yourself on your knowledge of personal finance? 40% of U.S. adults give themselves a C, D or F according to the National Foundation for Credit Counseling. What does it take to be financially knowledgeable or fit?  

We’ve all made money mistakes if we’re over 20. I’ll share a

Money Secret

with you:  When I was in my twenties my method of balancing my checkbook was to change banks and open a new account.  I’m happy to say that’s not how I operate anymore after many years of struggle I get what it takes to be financially fit.

If you ask what worries Americans most about money?

Fifty-Seven percent said a lack of savings and 43% are concerned about not having enough for an emergency

.  

The economy has been extra challenging the last few years and people are still trying to recover. One way to build financial fitness is to start saving now. Even $20.00 a month builds over time and primes the savings habit pump. Best to make it an automatic deduction and every 6 months or any time you get a raise bump it up.

To help you make the commitment to SAVE more NOW

America Saves offers a pledge program you can do by text.

America Saves, a campaign managed by the Consumer Federation of America is promoting savings with a text program

– sign up and be entered to win $500.00 Must be 18 or older promotion runs till April 30.  

www.americasaves.org/pledge 

“I, Your name, pledge to save money, reduce debt, and build wealth over time. I will encourage my family and friends to do the same. I pledge to save $(dollar amount) for (set a time frame) month/s.”  

Bad money habits can be changed one step at a time. Get started now.

How would you grade yourself on your knowledge of personal finance? 40% of U.S. adults give themselves a C, D or F according to the National Foundation for Credit Counseling. What does it take to be financially knowledgeable or fit?  

We’ve all made money mistakes if we’re over 20. I’ll share a Money Secret with you:  When I was in my twenties my method of balancing my checkbook was to change banks and open a new account.  I’m happy to say that’s not how I operate anymore after many years of struggle I get what it takes to be financially fit.

If you ask what worries Americans most about money? Fifty-Seven percent said a lack of savings and 43% are concerned about not having enough for an emergency.  The economy has been extra challenging the last few years and people are still trying to recover. One way to build financial fitness is to start saving now. Even $20.00 a month builds over time and primes the savings habit pump. Best to make it an automatic deduction and every 6 months or any time you get a raise bump it up.To help you make the commitment to SAVE more NOW America Saves offers a pledge program you can do by text.America Saves, a campaign managed by the Consumer Federation of America is promoting savings with a text program – sign up and be entered to win $500.00 Must be 18 or older promotion runs till April 30.  www.americasaves.org/pledge

“I, Your name, pledge to save money, reduce debt, and build wealth over time. I will encourage my family and friends to do the same. I pledge to save $(dollar amount) for (set a time frame) month/s.”  Bad money habits can be changed one step at a time. Get started now.