Give someone $1 million and don’t teach them how to budget, save, and invest – and I promise you they’ll be down to their last dollar before they retire.
Typically, about 6 in 10 adults keep a monthly household budget of income and expenses. You need to know what life is costing you now.
Many employers let you split that deposit between checking and saving accounts. Many will let you break it three ways. So you shunt a few bucks every week into an emergency savings account.
What most people don’t know is that your credit score is based on your credit reports. These are detailed records of everything you’ve borrowed and paid back (or haven’t paid back).