Credit Quiz?

Take a few minutes to test
your credit knowledge.
Find out just how much
you really know!
Credit Quiz?
Back to Main


One way to help you approaching financial planning is to develop a personal budget of your finances. Creating and following a budget puts you in control of your money. To create a realistic personal budget for yourself, you need three fundamental criteria: knowledge, control and organization.

Knowledge Study every expense you have and use this knowledge to gain insight into where your money goes. Try writing down all your expenses for one month (including everything from your morning coffee to your unforeseen plumbing problems). You may be surprised to see how all the small things add up. By creating a personal budget, you'll soon learn that some expenses may be unnecessary, and once they're eliminated, you might not miss them at all.

Control This is the source of your power. Set your mind to have control over your money, so your money won't have control over you. Tell your money that you're taking charge now. Go ahead - do it!

Organization The best part of creating a personal budget is that you'll save both time and money and you'll be better able to use those resources for the things that really matter to you. Also view our article on financial planning.

This article is provided for general guidance and information. It is not intended as, nor should it be construed to be, legal, financial or other professional advice. Please consult with your attorney or financial advisor to discuss any legal or financial issues involved with credit decisions.
   ©, Inc.