Review your finances!
Take a good look at your income, expenses, debt, and financial goals.
Build a budget!
List all your income and expenses and assign a dollar amount to each category. Be sure to incorporate savings into your budget.
Prioritize debt repayment!
Plan to get rid of your debt for good. Choose the debt with the smallest balance, or the highest interest, and maximize payments until you pay it off. Then, move on to the next debt.
Start an emergency fund!
Do you have what it takes to get through a small financial emergency? If not, start building your emergency fund this summer, aiming to save up to 3-6 months’ worth of expenses.
Broaden your financial knowledge!
Read a personal finance book, listen to a money-themed podcast, or take a course on money management at a local institution.