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10 Simple Tips To Eliminate Financial Stress The best antidote to relieving financial stress is to make some strategic changes in your spending habits and then act to make it happen. I used to always think that I didn’t make enough money and hence the reason I was in debt. Come to find out years later that the more money I made, the bigger my debt became.
Pay Yourself First Spend less than you make (Budgeting) Avoid paying unnecessary fees such as overdraft fees Eliminate the habit of eating out Use Cash Only instead of Credit Cards Be practical when shopping Maintain your health by eating healthy and exercising Maintain Proper Insurance Pay off your credit card with the lowest balance Make the most of your credit score Take action on these 10 Personal Financial Management Tips and you’ll be on your way to a stress-free life.
• Payment History • Ratio of balances to your credit limit • Length of credit history • Types of credit • Avoid too many inquiries There are five different areas with different weightings that you can collectively work on to improve your Credit score.