3 Simple Money Management Tips

  1. 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.

  1. 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.

  1. 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.