The best thing you can do for your financial picture in the new year is to make a budget, if you didn't have one in 2022.
It is well known that at budget helps to create financial stability. You can track expenses which makes it easier to pay bills on time, avoid late fees, and save for major expenses.
We all have those times when we need that cash for a sudden problem; a tire blows, a sudden leak in the roof, an appliance just quits. By allowing a few dollars in those categories every month, you ensure that at least some of the needed money will be there when you need it.
There are many free ones available on the internet. If you have a Windows program, you can use their free templates, that come already included.
If you need additional help, more planning ahead help, you might want to try Rocket Money. No, this isn't the mortgage company, Rocket Money can help you view all your bills and pay on time, avoiding penalties that might affect your credit rating. I like that you can see all your subscriptions in one place, and then cancel any that you no longer use.
You connect your banking and your credit cards, and they map everything out for you. I can see where my money is going, and what I am spending in any category. They compare month to month, so you can see changes.
There is a free 7-day trial which you can cancel at any time. After that it is $7, $8, or $9 dollars a month, depending on what plan you buy. They will text you the app for your phone so you can see where you are money-wise at any time.
Your dashboard shows you every transaction, your reoccurring bills, where you are spending your money, and your net worth. They even make suggestions on what bills you can lower.
They have a chat box for any questions you might. Check it out- Rocket Money
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