25 Ways You Can Improve Your Finances Now

by RJ

in Money Management

There is no way to get rich quick, but there are small actions today that can make you get rich faster.

All the below tasks to improve your finances take no longer than one hour. The majority can be done in the next ten minutes.

The goal is to get the ball rolling. You can fry the bigger fish another day.

  1. Sign up for Mint and start tracking your income and expenses
  2. List something on eBay or Craigslist
  3. Take your change to the local bank and have it deposited
  4. Open a Roth IRA
  5. Make your Roth IRA contributions automatic
  6. Review benefit package to make sure you’re taking advantage of everything that is offered
  7. Open a sub savings account and start saving for the Holiday’s now
  8. Review beneficiary information on life insurance and investments
  9. Go to the library and pick up classic personal finance books such as Your Money or Your Life, The Bogleheads Guide to Investing, and The Richest Man in Babylon
  10. Review your credit card’s term and conditions
  11. Review your credit cards rewards program
  12. Schedule a garage sale for May
  13. Rebalance your 401K if you haven’t done so in the past 12-18 months
  14. Go to freecycle.org and see if there are any big items that you plan to buy in the future
  15. Make your next meal from ingredients you already have in the house. Use a ingredient search engine like Supercook if you need help.
  16. Up percentage of 401K contributions
  17. Research residual income opportunities that interest you
  18. Set financial and career goals that excite you
  19. Call you credit card company and ask for a rate reduction
  20. Calculate your net worth and net wealth
  21. Start thinking about how you can make money doing what you love
  22. Make a list of things you will never buy again (mine include napkins, paper towels, plastic wrap, and just about anything made with plastic)
  23. Make your own cleaning solution. Vinegar and water clean just about everything.
  24. Call cable company and telling them you’re looking at other options and want to see if they can match any introductory offers from other companies
  25. Go to annualcreditreport.com and check to see if there are any errors on your credit report

As an extra bonus, writing this post made me think of the song “This Magic Moment” by Ben E. King, which of course makes me think about this clip from Sandlot (a movie that will never come off my top 5)

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JackieNo Gravatar April 26, 2010 at 11:02 am

Nice list. You’re right, getting the ball rolling is the important part. (And once it gets rolling, chances are it’ll keep right on going.)
.-= Jackie´s last blog ..How to Get Out of Debt =-.

RJNo Gravatar April 26, 2010 at 11:24 am

Thank you Jackie.

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