A New York non-profit organization offering easy, flexible debt reduction solutions as well as debt consolidation, credit counseling and credit repair. Atlantic Credit’s debt reduction program will save you money.
A New York non-profit organization offering easy, flexible debt reduction solutions as well as debt consolidation, credit counseling and credit repair. Atlantic Credit’s debt reduction program will save you money.

7 Steps to Personal Financial Success

Make 2003 Financially Better Than 2002

Are you feeling the credit pinch? Are you already dreading the day the credit card bills carrying holiday gift costs land in your mailbox?

Perhaps you can take comfort in the fact that you are not alone. But you also need to do something! There are some steps you can take immediately to get yourself on a straighter financial course for 2003. Among them:

  • Vow that 2003 will mark the end of carrying credit card balances. That alone will help you and your family spend one-third less.
     
  • Figure out exactly how much money you have and how much you owe. Write down how much money you hope to have saved one year down the road, five years down the road and 10 years down the road.
     
  • Write down everything your family spent money on in the last month. Agree as a family what you can live without next month. Decide what changes can you make in your lifestyles to help reach your goals. Also brainstorm about ways to increase income. Can someone finagle a raise? Maybe you can temporarily rent out a room or take on second jobs.
     
  • Write down the names of your telephone, gas and electric companies; water company; homeowners insurance and car insurance companies; and banks. Designate one adult who will call each of the companies on the list. Then determine whether you can cut your cost by dealing with another highly rated company, getting on another lower-cost plan with your existing company or participating in any special programs.
     
  • As you find more money becoming available, use it to pay off your credit card bills first. Pay down the card with the highest interest rate firest.
     
  • Start a regular savings plan by building an emergency cash fund. Then invest regularly, if possible, in your IRA or 401(k) plan.
     
  • Check your insurance, durable power of attorney, wills and estate plans. Determine what needs to be updated.

Make your goals to get out of debt and get ahead financially a family-wide mission. Then maintain a positive, upbeat attitude. It will happen.  If you feel like you might need some help achieving your goals click here to apply online free of cost today for Atlantic Credit's Debt Consolidation Program.

Source: BankRate.com
 

A New York non-profit organization offering easy, flexible debt reduction solutions as well as debt consolidation, credit counseling and credit repair. Atlantic Credit’s debt reduction program will save you money.
 

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3 Glen Hill Court Dix Hills, NY 11746
 Licensed by the New York State Banking Department