Personal Finances — Tips, Tricks, Hacks
Managing your personal finances doesn’t have to be a burden, nor take a ton of time. image source - Mason Miranda A. Use technology to your advantage. There are many budgeting apps, such as Mint or Simple, that can automatically update your budget when linked to your financial accounts. Use these apps to lessen the time you take to manually update your budget. Most banks, credit unions, and credit card issuers have apps that can help you track your spending, manage where your money is, and even help you limit your spending on cards. Contactless forms of payment, such as mobile and digital wallets, can help manage the security part of your personal finances. These payment methods offer improved security that can help keep your personal finances safe from scammers. B. Use credit cards responsibly and manage your debt well. Mortgages, student loans, car loans, and credit cards are major parts of personal finances that CANNOT be overlooked. Debt can have a large impact on your...