April is National Financial Literacy month and never has financial education been needed more than it is now. But for many Americans who have never taken the time to flex their financial muscles, the thought of shaping up their finances is akin to running a marathon on a sprained ankle. But it doesn’t have to be! Financial literacy isn’t a sprint to the finish. It is a slow and steady marathon that requires you to take small but easy-to-do actionable step; Turn your fear into focus, Find new ideas, Expand your potential, and Take charge and share.
For each of the 30 days of National Financial Literacy month I’ll be sending out a tip a day to help you stretch and strengthen your financial know-how and lead a financially fit life. No matter what time of the year you apply these principles you will begin to make a difference in your life and, by sharing, the lives of those around you. Feel free to follow me on Twitter @sharonlechter and YOUTHpreneur @YOUTHpreneur.
I welcome your feedback and stories on how you are using these tips to help lead a financially fit life. I will keep the collection of each tip in this post, but look out for them each day starting April 1.
Week One - Turn Your Fear Into Focus
Day 1: Get Organized
Day 2: Determine Your Debt Percentage
Day 3: Separate the Good and Bad Debt
Day 4: Divide Out Your Wants and Needs
Day 5: Check Your Credit Score
Day 6: Review Your Insurance
Day 7: Consult a Financial Planner
Week Two - Find New Ideas
Day 8: Pay Your Family First
Day 9: Spend Time Not Money
Day 10: Save in Everyday Living
Day 11: Dine in With Friends
Day 12: Exercise the Two Minute Rule
Day 13: Look For Great Used Deals
Day 14: Learn to Use Cash Again
Week Three - Expand Your Potential
Day 15: Take An Online Assessment Test
Day 16: Turn a Hobby Into a Moneymaker
Day 17: Sell Off Items You No Longer Use
Day 18: Create a Financial Club
Day 19: Create a Spending Game
Day 20: Read What Others Are Saying
Day 21: Explore Real Estate Options
Week Four - Take Charge and Share
Day 22: Start Planning for Your Future
Day 23: Communicate With Your Representatives
Day 24: Talk to Your Children
Day 25: Do Something Positive for the Community
Day 26: Encourage Your Children to be Entrepreneurs
Day 27: Continue Paying Down Debt
