What Can You Do Today to Improve Your Financial Health - as part of the expert series by GeoBeats. Five things that you can look at doing to improve your financial health today: pretty easy, things you might have heard before, but never hurts to hear them again. First of all, if you do not have one, make a budget, and stick to it. There is a great tool, its free, online, called Mint.com, and you can tie in all your spending in there and track where your spending is going, and with that you can then create a budget, to make sure you are spending money on the things you really care about. Second, set up an online savings account. Every month, have a certain amount automatically transferred into that account. You wo not even see it, have it done right at the beginning of the month, and that account is going to grow over time. Third, if you are living somewhere with a mortgage that is at least 1% higher than current mortgage rates, you may want to consider refinancing, especially if you are planning on staying put for a while, because you can save a lot of money by locking in a lower rate. And four, if you want to keep saving and improving your financial health, go ahead and shop around for cheaper insurance. There are a lot of deals, especially if you have done a good job with your credit, you may be paying more than you need to, so take a look at what your insurance is costing you and see if you can do better. Lastly, consolidate your debt. If you have got student loans, auto loans, various kinds of debt, see if you can get a better rate, because if you do that, you will be saving a lot by paying less interest.
