1. Create a Financial Calendar
To help remember to pay your quarterly taxes or pull a credit report, you should think about setting up appointment reminders for these important financial matters the same way that you would your yearly doctor’s visit.
2. Find Out Your Interest Rates
Q: Which loan do you pay off first? A: The loan that has the highest interest rate.
Q: Which savings account should I open? A: The savings account that has the best interest rate.
3. Keep Track Of Your Net Worth
What is your net worth? Your net worth is the difference between the value of things you own and the value of what you owe. These numbers can tell you where you stand financially.
4. Set a Budget
Your budget is the starting point of every financial goal in your life.
5. Consider Paying With Cash
If you overspend when using credit cards, consider only paying with cash only.
6. Read Books on Finance
Richest Man in Babylon, Rich Dad-Poor Dad
7. Put at Least 20% of Your Income Toward Financial Priorities
10% of your savings should be put away for savings
10% of your savings should be put into investment which can bring a moderate or high return.