Couples and Cents

Like any relationship, money requires lots of attention. It you take care of it, it will grow. If you abuse it, you will lose it. It is important to take the proper steps to cultivate your finances, you will have a long and healthy relationship. Here are some tips from Erin Burt at Kiplinger.

1. Take advantage of your money’s potential - Don’t let it sit in a low interest savings account. Put your money in a high-yield savings account and watch it grow.
2. Take care of the little things - Don’t overpay taxes, pay off credit cards each month, take advantage of credit card rewards, shop around to lower your bills.
3. Plan for the future - If your employer has a 401k, use it. If not, open a Roth IRA. Start investing as early in life as possible.

Love Your Money. It Will Love You Back.