Jill Russo Foster

Financial Literacy Month – Tip #16

Making A Choice

Here’s the tip from August 8 – Debt Reduction month:

Yes, everyone needs a plan. You can’t get from point A to point B without a map.

There are two schools of thought out there on paying off your debt. Option 1 is to pay off your debt starting with the smallest balance and working your way towards the bigger debts. In my experience, people who want a sense of accomplishment, who like to see things crossed off as they are completed, do well with this method. Option 2 is to pay off the debt with the highest interest rate and work your way down to the lowest interest rate. This works well for the person who is bothered by seeing their money go out the door.

The choice is yours, but you must make a choice today.

To purchase a copy of either of my books Thrive In Five: Take Charge of Your Finances in 5 Minutes a Day or 111 Ways To Save

#JillRussoFoster #30WaysToSave

Financial Literacy Month – Tip #15

Clear Picture

Here’s the tip from August 3 – Debt Reduction month:

Okay, this is the time to face reality. You need to get out all your bills today and make a list of each and every debt that you owe. I want you to list the creditors name, the amount owed, the minimum payment amount and the interest rate. See Appendix for today.

To purchase a copy of either of my books Thrive In Five: Take Charge of Your Finances in 5 Minutes a Day or 111 Ways To Save

#JillRussoFoster #30WaysToSave

My Books On Sale

Looking for something to read? My books are 10% off in April when purchased at JillRussoFoster.com. Select the book(s) and make the purchase through BookLocker (click the book picture) and use code 10FinancialMonth to receive the discount.

Financial Literacy Month – Tip #14

Mail

Here’s the tip from July 30 – Credit month:

Sounds simple enough, we use the mail all the time for legitimate purposes. But others don’t and you have to be aware and take precautions.

Don’t put your outgoing mail (especially bills) in your mailbox for someone to steal. Take it to an actual postal mailbox to mail.
Don’t bring your mail to work to be mailed. Many companies have the mail sitting on the counter for anyone to take. Again, take it to an actual postal mailbox to mail.
Don’t leave you incoming mail in the mail box all day for others to be able to grab. Talk to your Post Office about what you can do (locked mailbox, slot in your door etc). Maybe have your mail sent to a P O Box.
Look at your mail promptly. Did you get a declined credit offer when you haven’t applied for credit? It could be a sign that someone may be attempting to open a credit card in your name.

There are many ways to steal someone’s identity, don’t make it easy on them.

To purchase a copy of either of my books Thrive In Five: Take Charge of Your Finances in 5 Minutes a Day or 111 Ways To Save

#JillRussoFoster #30WaysToSave

Financial Literacy Month – Tip #13

Monitor Your Accounts

Here’s the tip from July 28-Credit month:

Something that I personally do weekly is to monitor my accounts. I go online (from my home computer) and check my accounts, both bank and credit cards. I actually look at the individual transactions to see what is posted. Is there anything that I don’t recognize? Get in the habit of this and check even if you haven’t used the account. You never know who has.

To purchase a copy of either of my books Thrive In Five: Take Charge of Your Finances in 5 Minutes a Day or 111 Ways To Save

#JillRussoFoster #30WaysToSave

Financial Literacy Month – Tip #12

Order Your Credit Report

Here’s the tip from July 1 -Credit month:

Today, I want you to order your credit report for FREE from Annual Credit Report. You can do this online and print the report right away, call to order your report or download the form and order it by mail.

www.AnnualCreditReport.com

877-322-8778

P O Box 105281, Atlanta, GA 30348-5281s

Remember this is the only FREE service to get your credit report. Don’t be fooled by others offering you free credit reports if you sign up for something that requires you to pay for something else.

If you do this online, be prepared to answer security questions about your credit history. Each credit reporting agency will ask you several questions that you must answer correctly to be able to get the report online. If you think you will not know the details of you credit, then order your report by phone or mail and you will be receiving the report in about two weeks.

You are entitled to one FREE credit report from each of the three credit reporting agencies once every twelve months. I suggest that you only order ONE credit report from one of the credit reporting agencies today. Then in four months, order another credit report from the second credit reporting agency. Then again, in another four months order the third credit reporting agency. This way you are seeing your credit report three times per year at no cost to you. Go to the Appendix for this date and mark your calendars.

To purchase a copy of either of my books Thrive In Five: Take Charge of Your Finances in 5 Minutes a Day or 111 Ways To Save

#JillRussoFoster #30WaysToSave

Financial Literacy Month – Tip #11

Trash or Treasure

Here’s the tip from June 16 -Selling or Donating month:

This is a book I highly recommend, Trash or Treasure: Guide To The Best Buyers by Tony Hyman. I bought this book years ago and it has paid for itself many times over. After cleaning out a family house, I sold a metal toy steam shovel for $500 to one of the collectors listed in the book who drove over three hours to see the toy.

To purchase a copy of either of my books Thrive In Five: Take Charge of Your Finances in 5 Minutes a Day or 111 Ways To Save

#JillRussoFoster #30WaysToSave

Financial Literacy Month – Tip #10

Collectibles

Here’s the tip from June 15 -Selling or Donating month:

If you have been collecting things for years but no longer want them, they may be very much wanted by other collectors. Check out the internet to find collectors groups in your area where you might be able to sell your collection. Or if you don’t need or want the money for your collection, consider donating your items to a local museum or some other institution that may want to include your things in their display.

To purchase a copy of either of my books Thrive In Five: Take Charge of Your Finances in 5 Minutes a Day or 111 Ways To Save

#JillRussoFoster #30WaysToSave

Financial Literacy Month – Tip #9

Selling

Here’s the tip from June 8 -Selling or Donating month:

There are many ways you can sell unwanted items. Possibilities include consignment shops, thrift stores, online selling or classified ads, tag sales and auctions. You need to determine first if you want to do all the work and have the time or is it best to delegate to someone else. Today you need to think about your situation.

To purchase a copy of either of my books Thrive In Five: Take Charge of Your Finances in 5 Minutes a Day or 111 Ways To Save

#JillRussoFoster #30WaysToSave

Experian #CreditChat Coming Up

I will be part of an online panel for another Experian #CreditChat

Experian #CreditChat on Twitter – How To Get In Shape on a Budget 4/15/2020 3pm EST

For more information visit Experian