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5 things to consider when checking your financial health

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Your finances are important to you, and any adult who has to pay their own way already knows that.

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5 things to consider when checking your financial health

  1. 1. If you want a bright future, you need to manage your money well. It might seem obvious that you need to know how much money you have in savings, but having enough to get you through at least two to three months is important. Otherwise you won't be covered for rainy days, and you could be forced to borrow money. Your credit score says a lot about your ability to lease a car, buy a house and even get an apartment. ll-‘ you don't have a good credit score, you could find it difficult to get credit at all. Improve your credit score ASAP for a better financial future. If you have a 401k or Roth IRA, you need to know where they stand. Make sure you're receiving quarterly statements regarding the management and balance of these accounts. [1 Sometimes there are big penalties for pulling money out of a 401k or other type of investment plan early. If you don't have a lot of savings, you might consider an investment plan that allows easier and less expensive access to your money in case of a financial emergency. Figure out how much credit In case of an emergency, how availabilitg much available credit do you 900 have have on your credit card? You need to know this. Keeping your balances low helps secure your financial future too. Need Cash? [let it immediateth a Fast Cash Advance! Lé “—-A FMASTCASH www. faaastcash. com

Your finances are important to you, and any adult who has to pay their own way already knows that.

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