If you’re like most people, a new year is a symbolic new start to certain parts of your life… We all make plans to go on a diet, to exercise more, to work harder, to appreciate all that we have, and so on. But, have you thought about what your financial plan is for 2021? I know, nearly everyone plans to save more money, pay off more debt, etc., but have you really thought about how you’ll achieve your financial goals for 2021? Have you actually sat down, looked at your budget, looked at your credit score, looked at your debt, and made a plan? Probably not.
The simple fact of the matter is that most of our financial resolutions quickly go the way of our other resolutions… We fail to keep them. We go off our diets, we skip the exercise, and we justify every single thing that we don’t do to keep those New Year’s resolutions. Why not make this year different? Why not make this THE YEAR that you start working on that poor credit score? Why not make this the year that you pay off those old debts? Why not make this THE YEAR you get a handle on your financial life?
Not sure where to start? Start with your credit score. Do you know all three of your credit scores? Do you know your FICO score? Do you know, in depth, what’s on your credit report? If the answer to these questions is not a resounding yes, then you have your starting point.