There are many misconceptions about credit repair, whether it’s “too difficult” or “too time-consuming,” there are a lot of reasons your progress is stalled. Don’t allow a pattern of excuses to stand in your way this time. Millions of people have repaired their credit and lived better lives as a result. If you’re worried about the process, there are easy ways to begin. Talk to us about long-term changes and adopt the following strategies into your daily routine. These small steps can lead to great credit repair strides.
So, you think 24-hour credit repair can’t be done? Wrong! Begin here:
7:00 a.m.—Eat breakfast. Doctors and nutritionists have been touting the benefits of breakfast for years, and we’re here to tell you the financial benefits as well. Eating breakfast will help you:
- Focus on the day ahead. A clear mind will allow you to work uninterrupted until lunch, boosting your productivity and safeguarding your salary.
- Prevent mid-morning splurges. An empty stomach is bound to catch up with you before lunch, leading to a Starbucks trip or the office vending machine. In addition to wasting money, you’re also hurting your health and breaking your concentration—not exactly the resume of an Employee of the Month.
8:00 a.m.—Turn off appliances and air conditioning. Passive savings are an easy way to prioritize credit repair with little effort. Keep utility bills low by unplugging unused appliances and electronics and turning off the heating or air conditioning. Small efforts like these will pay off big by the end of the year.
8:30 a.m.—Travel smart. Not everyone has the benefit of buses and trains for transportation, but we all have coworkers. Sharing the burden of gas and vehicle wear-and-tear is a great way to cut back on monthly expenses and keep your car for a longer amount of time. Talk to your desk buddies about a carpool schedule. Who doesn’t want to save?
12:00 p.m.—Eat a brown bag lunch. It’s easy to grab lunch with coworkers without thinking. After all, we can all use a midday break. That said, don’t allow your need for socializing to compromise your wallet. Spending $15 a day on lunch will cost $3,900 a year. If you earn $25 an hour, you’ve just wasted 156 hours’ worth of wages. Don’t spend four weeks’ salary on club sandwiches; bring your lunch from home and join your coworkers without the cost.
12:30 p.m.—Check your bank accounts. Checking your bank accounts and investments during lunch is an effective way to form the habit of awareness. Participating in the process will help you:
- Invest the money you could have spent on lunch into savings
- Review transactions in order to spot identity theft
- Stay focused on your budget
6:00 p.m.—Cook at home. Drive-thru windows are everywhere, full of convenience and empty calories. They are also full of money-wasting habits. “Who cares if I order fast-food once a week?” you say. “It’s not that expensive.” True, most fast food items are relatively cheap, but they are also addictive, leading you back to the menu more often than you’re willing to admit. For example, if you visit McDonald’s three times per week and order $6.50 worth of food, you’ll spend a whopping $1,014 a year on burgers and fries! Protect your wallet by cooking at home at least five days a week. You’ll save money with leftovers to spare. You can’t lose.
7:30 p.m.—Exercise. Like credit repair, you may have to force yourself into an exercise routine. Don’t feel discouraged, though. 20-30 minutes of cardio each day will help you improve heart health, reduce stress and lose weight. As a bonus, your health insurance provider may reward with lower premiums, allowing you to reinvest your cash into debt reduction. It’s a win-win.
9:00 p.m.—Review your goals. The best thing about personal credit repair is its addictive nature. When you see the positive results that stem from savings and debt reduction, you’ll want to track your progress. Create an evening system that allows you to review your daily actions and apply them to your goals. Ask yourself, how did I do today? How much money did I save? Where will I invest my efforts next? Take a dynamic stance in your own destiny—pursue credit repair and allow its benefits to work in your favor.