Keep a list of short term goals (like paying off a credit card) and long term goals (like saving for retirement). Come back to these goals every 3-6 months to make sure you’re staying on track.
Get into the habit of dividing up your expenses into needs, wants and savings or debts. If it’s appropriate, aim to spend 50% of your income after tax on needs, 30% on wants and 20% on savings and debts each month.
Check your credit
The Consumer Financial Protection Bureau (CFPB) recommends checking your credit report at least once a year to make sure everything is correct. You don't want to be penalized for someone else's' debt being attached to your creditworthiness, so make sure all outstanding credit belongs to you.
Lower your interest rates
If you are working on paying down student loan or mortgage debt, make sure you stay up-to-date with what’s going on with rates. You may be able to consolidate your debt or refinance, saving you money on interest payments long-term.
Build your knowledge
Invest in yourself with financial education. TCF offers more than 20 free, on-demand courses that help you learn how to manage your money more effectively, make decisions that strengthen your financial future, and gain confidence in your financial knowledge.