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Managing your finances as the head of a large household.
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[QUOTE="Yusra3, post: 287975, member: 31907"] Managing your finances as the head of a large household can be intimidating. It can feel like there are so many things to take care of and so little time to do it. I got you covered! Here are some tips to help you stay on top of your finances: 1. Make sure you're using credit card company statements. This will help you keep tabs on how much money is in each account, and it will help you make sure that bills are paid on time. 2. Set up automatic bill payments for recurring expenses like rent or utilities, so you don't have to worry about forgetting or letting a bill go past its due date. 3. If possible, put yourself on autopay for all recurring bills. you'll save money by not having to pay interest on the money that's already owed (and you'll get rewards!) 4. Make sure that everyone in your household is on the same page when it comes to spending habits, especially with regards to credit cards and loans. 5. Don't spend more than you make! This will help keep track of where money is going, and prevent overspending from happening in the first place. [/QUOTE]
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