Do you suffer from Paraskevidekatriaphobics, the a morbid fear of Friday the 13th?
When it comes to your finances, you can avoid – or at least soften the impact of – “bad luck” by planning ahead and staying informed.
Earlier this year, we looked at some practical ways to set up a financial calendar for the entire year. This can help you to establish a budget, and save for the rainy day that might come without warning.
Whether you keep a physical calendar, update one online or keep the information in your smartphone, incorporating incoming and outgoing financial dates into your calendar is just as important as the next baseball game or concert.
A great way to keep up with your budgeting is through online banking. As we discussed in an earlier post, online banking is a fantastic tool with which you can track your monthly income and expenses; looking back at your paid bills from last year can give you a better idea of how much to plan on spending this year on utilities that might be seasonally impacted.
Also, we posted some budget resources on the blog during CRA Week last fall.
Planning ahead can ease the impact of any unfortunate – even “unlucky” – circumstances on your overall financial well-being. Take the time to plan. You’ll be glad you did!
If you haven’t yet set up online banking, now is a great time to do it! Click here to visit Popular Online Banking.
Finally, stay informed about your finances and credit scores. It’s important to know the difference between a credit score and credit history. Popular Community Bank New York Region Executive Brian Doran talks about that in the video below.