Consumers regret money habits since the recession

More than 50 percent of consumers said they would manage their finances differently if they could return to the time before the recession, according to a survey by TD Ameritrade.

Of the people surveyed, 65 percent said they would have avoided living beyond their limits and 71 percent would have saved more money and shopped less, reported the news source.

Many Americans would have focused on credit repair. The recession left many individuals with damaged credit, as thousands lost their jobs, leading to insurmountable debt. However, many of these individuals have altered their spending habits and focused on fiscal responsibility to help improve their credit scores.

Fifty percent of the people surveyed said they would have made more purchases in cash rather than using plastic and 60 percent said they would have made more payments on their debt.

"The key is to stay focused on your goals and continue to act on that which is still within your control," said Stuart Rubinstein, managing director of client engagement at TD Ameritrade.

Spending within your means and focusing on paying your bills in a timely manner will help get your credit back in order. Because more than 30 percent of your credit score is based on payment history, keeping your debt under control and paying it off responsibly will help fix your credit.