No More Bad Credit | Learn Better Habits

Your credit score is one of the most important measurements you will ever have to adhere to financially. It is used as a tool to look through your past Beauvoir with money and to decide whether it is a smart idea to lend you money.

Many lenders will calculate your credit score themselves based on your credit record, so if your record isn’t good enough, it might be a good idea to get in touch with a credit repair service to clean it up so your chances of being accepted are better.

There are plenty of ways to improve your money habits and to make sure that your credit rating always stays at a safe level so that it won’t affect your ability to get a mortgage or buy a car for your family.

Budget Simple

If you hate looking at numbers (we don’t blame you) then the last thing you want to be doing is getting stressed out looking at figures and making graphs at the end of each month to assess your money matters. You can make things simple by getting your bank statement and highlighting everything you earn and everything you spend in different colours. Calculate your bills and see what money you have left over each month after paying for the essentials. You can then look to budget your food shop, stop yourself from buying a coffee every morning and generally cut down on unnecessary spending.

Save More Money

You need to create some boundaries and rules for yourself to make sure that when you are looking to spend money on a takeaway or a new shirt, you can justify spending the money. Set yourself limits of having a takeout once a month, or buying a new shirt only every two months or when you are desperate for it.

Cook at Home More Often

Cooking is one of the best ways to save yourself some money as well as save yourself putting on weight. By planning your meals out each week and making large batches of food which will last a couple of days, you can really save a ton of money and make living much easier.

Retirement Savings

You want to be saving for the future from your early twenties ideally because it will accumulate and mean that when you do finally stop working, you can live a stress-free life with the freedom to do what you have always wanted to do. Make the effort to pay out a small amount every single month for your retirement, it will save you stress in the future.

Set Up Automatic Payments

By setting up things like your rent, phone contract, food bills and mortgage on a direct debit, you will likely save yourself the stress of late payments and missing payments, but it will also mean that the money is not there in your account for you to spend on something else. By not seeing the money in the first place, you won’t feel like you are missing out.