November 10, 2016
Using money digitally is a skill. But it can be confusing, and it can lead to debt and financial trouble if you aren’t careful. However, if you’re willing to use some tech-savvy tips and tricks, you should have no problem staying on the straight and narrow path to keep your credit footprint clean.
Some topics that you’ll want to consider include the idea of repairing credit, how to observe your personal spending habits, how to use habit-based apps on your phone, how to use online resources to learn about money, and the best way to talk to people about finances on various public forums.
If you already have credit issues, then your first technology-based step is going to be researching how to repair your credit. There are plenty of free online resources that will give you step by step plan on how to do this, though if you talk to an expert first (like someone from your bank, for example), they might be able to fast track you toward more reliable sources initially.
Observing Spending Habits
To observe your spending habits, installing a reliable budgeting app is going to be high on your priority list. That way you can see point for point where you spend your money, and you can even break it down into categories and time frames so that you get the exact numerical representations of your income and expenditure rates. The observation stage is often the most important in order to put yourself on the proper credit track.
Using Habit Apps
Sometimes the best thing that you can do when it comes to money is make sure that you constantly remind yourself of your overall financial goals. And in a tech-centric world, that means installing habit apps on your phone and using them accordingly. If you need to be reminded every hour that you want to keep on budget, then your phone will happily oblige you.
Learn About Money Using Online Resources
There are tons of resources online for just learning about money as well. You can check out YouTube channels that are all about finances, or you can see if there are any free college classes that you can take about topics like accounting or how credit ratings work. You won’t get official certifications, but you’ll at least get the knowledge base.
Talk To People On Expert Forums
There are experts that you can reach online as well that can help you with your credit and money issues. Sometimes these people are approachable through their main company websites, or something they’re just consultants that show up on online forums because they enjoy helping people find their way through the financial jungle out there.