Money Managing Tips For 90’s Kids

Remember those day’s when you didn’t have to think about money and, life was all fun? The only money related tension was how to get the savings out without smashing the piggy bank. The financial goals were simple and savings were only needed for extra candy.

Over the years things changed and now all you do is obsessing over the finances. Don’t worry! There are ways to go back to the days where you don’t have to feel guilty for spending every single penny. So, are you ready to make the journey?

Keep A Watch At Your Credit

CD player was the biggest purchase you wanted to make and it was a big deal. Fast forward, now you may be planning to buy a house or a new car and you want to get the best rates. Instead of searching menacingly for the discount codes in 2019 to save some amount you need to keep tabs on the credit score.

There are websites to check your credit score for free and they can be very useful. These websites will breakdown the credit report for you in the language that can be understood by a layman. You’ll be more informed about the score and ways to address it. These websites basically nullify the need to understand those difficult terms.

Another benefit of using such websites is they send frequent emails updating you about the shift in score status as in when it goes up or down and the reason for the shift.

You Need A Bank

It is important to have a bank account if you want to get paid and pay rent on time. Sync the dates of your paycheck and rent. It will save unwanted cash handling and the money is safer in the bank then with you. By syncing the dates you won’t have to withdraw cash to pay the rent and other utilities.

Invest Wisely

You may also have invested in Beanie Babies back in 90’s when the rumors swirled that they may go out of production. Every kid back then believed that Beanie Babies would worth hundreds of Dollars each but the dream never came true.

However, now you can invest on a low scale same as investing in a Beanie Babies or may be less and get profits.The technology in general and internet especially has made things really easy for us. There are apps available where you can invest with the spare change and stack it up with the round-up feature. To make it understandable let’s assume you bought something for $10.23, the remaining 77 cents will be dropped in the apps account that you have made.

The entire investment process is carried out by the app and it is never your headache. This idea enable you to never miss a digital change and it keeps stacking up automatically.

Debt

You use to ask for $10 toy and always promised your parents that you’ll return it and it somehow never happened. Unfortunately, the debt is now way more than $10 and you have to pay it back at any cost. It doesn’t matter what kind of debt you have be it a student loan, a medical debt, or paying down credit cards it weighs heavy and gives stress. Try to be debt free through debt consolidation. The idea is to lump all the debts together. Try to get a monthly payment with low interest rate. This way you’ll have to worry about the single bill and hundreds of Dollars would be saved over time in interest.

Paying For Internet

You need internet for a lot more than AIM now and therefore, this is one of the huge bills you have to pay. Be smart and hop on websites which compares rates for loans, mortgages, and even internet.

These websites compare internet rates depending on your location and will provide you with all the options you have along with download speeds and rates. Sometimes these websites will also update you about the discount codes in 2019 offered at subscription that will make it even more cheap for you.

Wrap Up

See! you all 90’s kids out there, it is not really difficult to manage your finances. It’s time that you shed that stress and figure this mess out. These are some of the ways to get your finances back on track. Try to get organize with these tips and stay tension free.