3 Simple Money Management Tips
- Create a working budget/spending plan so you know what is coming in and what is going out.
Know your financial situation and set financial goals – vacation, new furniture, college, retirement – it helps to know what you are working towards.
- Have money automatically deducted from each paycheck and deposited into a separate account for future expenses, car repair etc. You can also have several savings accounts for different categories to help you reach your financial goal as stated above – vacation, new furniture, college and retirement.
A helpful tip – keep a record of what you spend daily – this shows you where your money goes.
- Use credit wisely. If you do charge something, pay off your balance each month so you aren’t spending unnecessarily on interest rates and other credit card fees. If you carry a balance that adds up to more than 20% of your income on your credit cards, it’s time to park those cards.
The good news is that you can consult a professional to help you develop a spending plan, handle your credit issues and work on any other financial concerns.
We can help! Call the Credit Counseling Center to set up a FREE Counseling Session if…
- You are still living paycheck to pay check and have no money saved for emergencies
- Your credit card balances are growing
- Money worries are keeping you up at night
The Credit Counseling Center is a non-profit agency with offices located throughout Bucks County. Call us at 215-348-8003 to set up a free coaching session today or visit our website www.ccc-credit.com.
In 2021, Paula was named Executive Director of Credit Counseling Center. She joined the organization in 2008 as a Credit Counselor and was quickly promoted to Director of Housing Counseling in 2009. Paula is a firm believer that each client is a representation of a family whose lives, financial challenges, and needs are important.
She developed and still leads the Center’s Foreclosure Prevention program; and has partnered with the Bucks County Court of Common Pleas Foreclosure Diversion Program. Her keen focus on making a positive impact in the community has generated numerous program collaborations with the United Way of Bucks County and a multitude of social service organizations in the region.
Previously, Paula served 21 on Active Duty in the US Air Force. Initially serving as a combat photographer and finishing the second half of her career as a recruiter, leading to the position of Flight Chief. Highly decorated, she has received awards from the Air Force and the Department of Defense.
An active leader in the Bucks County community, Paula donates her time annually as a board member for the annual Congressional Service Academy Nomination Interviews under the office of Congressman Brian Fitzpatrick. She is an active Chamber member in Lower Bucks, BucksMont, and Upper Bucks, advocates for financial literacy education opportunities at venues servicing low/moderate income consumers and senior citizen organizations.
