Get your finances right with this 30-day money challenge

Thursday, February 27, 2020
30-day money challenge a good place to start to fix your finances
30-day money challenge a good place to start to fix your financesThis four-week plan can help you manage your money.

RALEIGH (WTVD) -- Regardless of your situation, you can get your money in line in 2020. It all starts with being proactive and making a plan.

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Alex Sutherland with LifePlan Group in Raleigh has a 30-day money challenge that looks at your budget, your debt, your future and any taxes you owe.

WEEK 1: BUDGET

  • What and where are you spending your money on?

WEEK 2: EXAMINE YOUR DEBT

  • Look at any company you owe money to (car, home, credit card, student loans, etc.)
  • Determine where the debt is held and the interest rate
  • Prioritize
  • Which debt can you pay off? Create a plan to do so.

WEEK 3: PLAN FOR THE FUTURE

  • Think forward. If can only save a little, do so. The longer you have to save, the more money you have to gain.

WEEK 4: DO YOUR TAXES

  • It's tax season. Better to do now.
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