We've certainly accumulated a wealth of knowledge over the years covering the subject of money, whether it's the dozens of Getting Out of Debt success stories we've submitted to the dozens of psychological studies. that we cover by linking better financial decisions. changing behavior.

We have decided there's no better time than now to pull together our Top 10 Money Tips into one juicy, super-helpful read. From the best ways to budget to how to increase your earning potential like a pro, these nuggets of financial wisdom are as fresh as the day they were released.

First things first: some financial basics

1. Create a finance calendar

If you don't trust yourself to remember to pay your quarterly taxes or check a credit report periodically, think about setting appointment reminders for these important money to-dos the same way you would for an annual medical visit or a checkup. automobile point. A good place to start? Our final finance calendar.

2. Check your interest rate

Which loan should I pay off first? A: The one with the highest interest rate. Q: What savings account should I open? A: The one with the best interest rate. Q: Why does credit card debt give us such a headache? A: Blame it on the compound interest rate. Bottom line: Paying attention to interest rates will help inform what debt or savings commitments to focus on.

3. Track Your Net Worth

Your net worth, the difference between your assets and your debts, is the general number that can tell you what your financial situation is. Keep an eye on him, and it can help keep him informed about the progress he's making toward his financial goals, or warn him if he's backsliding.

How to budget like a pro

4. Set a budget, period

This is the starting point for all the other goals in your life. Here's a checklist for creating an extraordinary personal budget.

5. Consider a cash diet

Consistently overspending will get you out of that rut. Don't believe us? The cash diet changed the lives of these people. And when this woman was all cash, she realized that it was not as scary as she thought.

6. make a minute of money every day

This comes directly from LearnVest Founder and CEO, Alexa von Tobel, who agrees to take a minute each day to verify her finance transactions. This 60-second act helps identify problems right away, track goal progress, and set your spending tone for the rest of the day.

7. Allocate at least 20% of your income to financial priorities

By priorities, we mean generating emergency savings, paying off debt, and replenishing your retirement savings. Does it seem like a large percentage? Here's why we love this issue.

8. Budget about 30% of your income for lifestyle expenses.

This includes movies, restaurants, and happy hours - basically anything that doesn't meet basic needs. By adhering to the 30% rule, you can save and spend at the same time.

How to motivate money

9. Write a financial vision meeting.

You need the inspiration to begin embracing better cash propensities and making a dream board, it can assist you with recollecting stay aware of your monetary objectives.

10. Set specific financial goals

Use numbers and dates, not just words, to describe what you want to achieve with your money. How much debt do you want to pay off and when? How much do you want to save and for what date?