On The Rocks

Right now, your relationship with money might feel like a constant battle. Covering expenses is tough, and every financial decision feels like a major struggle. This page will guide you through understanding your current situation and taking the first steps towards improvement.

• Budgeting: Struggling to keep track of daily expenses and feeling lost on where your money is going.
• Saving: Finding it hard to save even a small amount, making you feel insecure about unexpected expenses.
• Debt: Feeling overwhelmed by debt and unsure of where to start with repayments.
• Credit: Unclear about your credit status and how it impacts your financial health.

Budgeting: Track your spending for a week. Use a simple app or a notebook to note every expense.

• Task: At the end of the week, review your spending and identify two unnecessary expenses you can cut.

Saving: Start an emergency fund, even if it’s just $5 a week.

• Task: Open a separate savings account and set up an automatic transfer of a small amount each payday.

Debt: List all your debts, including amounts, interest rates, and monthly payments.

• Task: Identify the debt with the highest interest rate and plan to pay a little extra towards it each month.

Credit: Get a free credit report to understand your credit status.

• Task: Check for any errors in your report and take steps to correct them.