Are You Financially Fit?
If you don’t have a financial plan, that question may be hard to answer. To achieve financial wellness, you need to define your goals and set a time frame for reaching them. The following steps can help you take control of your finances.
Build a Budget
A good place to start would be with a budget. Tracking your expenses can help you determine how much money you have coming in each month and how much you’re paying out toward bills and other expenses.
Create an Emergency Fund
Would you be able to pay for an unexpected expense, such as a car repair, broken appliance, or medical emergency? If you don’t have an emergency fund, you might be forced to pay the bill with expensive credit card debt.
Protect Your Credit
Each year, you’re entitled to a copy of your credit report at no cost from each of the three major credit reporting companies — Experian, Equifax, and TransUnion. It’s a good idea not only to periodically check your reports for errors but also to get your credit score.
Plan for the Long Term
Saving enough for a comfortable retirement is probably one of your long-term goals. But if you have kids, you may put that goal on the back burner to save for college expenses. Remember, funding your retirement is up to you. Any “extra” money you have left can go toward college savings.
Remember to Review
Establishing a financial plan is only the first step toward achieving financial wellness. Make sure you review your plan on a regular basis to make sure you’re still on track to reaching your goals.
© 2018 DST Systems, Inc. Reproduction in whole or in part prohibited, except by permission. All rights reserved. Not responsible for any errors or omissions.
For more information, please call Householder Group at 661-297-7566.
ADVERTISE WITH US
This is the list of graduates from Canyon of the Canyons! Jessie D. AbarquesVanessa Lynn AbelGisselle Laiah Acevedo-PremoCraig AcitoHarrison AdamsMadison Kristina AdamsMalina Aliya AdamsStephanie AddaeJacob Anthony AdlerMahnoor AdnanNatalia Romina...
This is the list of graduates from Santa Clariita Christian School! Richard Bruce AmeySummer Lynn BholaTylare Robert William BlackKyjuan Elias CannadyAlicia Renee CastilloPaige Noelle ClaytonJadon Ray De RevereEmanuel Yousef ElhiluTaylor Jayden EvansSamantha Jo...
This is the list of graduates from Vasquez High School! Allison AcevesMaria Alba VillaltaWilliam AlfordAnthony AlvaradoAbigail AndreKacy ArguellesJessica BaumanJacqueline BeltranMarco Antonio BenitezAbby BluhmCheyenne BuxkemperBrady ChikatoRyan ChurginRiley...
ABOUT THE MAGAZINE
Santa Clarita Magazine has set a high standard for excellence in advertising for over 29 years. A family owned and operated business, Santa Clarita Magazine has grown with the Santa Clarita Valley since 1990 and become the #1 place to advertise locally.