Recipes for Financial Fitness

I'm Ready to Own a Home!
I know the expenses of owning a home
I can meet those expenses
I know how to protect my home

I need a job!
I know how to find a job
I know how to keep a job
I know how to improve my job skills

I need to protect my money and my identity!
I know how to protect my money • I am aware of identity theft
I know how to avoid identity theft
I know what to do if my identity is stolen

I need better credit!
I know what credit is & how it works • I know how to get credit & use it
I know how to improve my credit
I know the signs of having too much debt

I need to manage my money wisely!
Set financial goals • Affirm my goals • Track how I spend money
Spending leaks • Pay myself first • Pay bills on time
Save money • Use banking services • Emergency fund

5 Ingredients of Financial Fitness

Becoming Financially Fit

5 Ingredients of Financial Fitness

So, how will all these recipes lead me to a home? It’s all in the ingredients…

One way to think about how you’re going to make this work is to consider how athletes stay fit. Their fitness comes from eating right, and so they carefully follow a strict diet of low-fat breads and cereals, adding fruits and vegetables, and then meat and dairy. By regularly maintaining such a diet they build up a level of fitness that helps them achieve success in their upcoming big event.

In a very similar way you will build up your financial fitness by practicing good money management, improving your credit, protecting your money and identity, and getting a better-paying job. Being consistent about these things will give you the strength and stamina to achieve success in the upcoming test of your financial fitness: your plan to own a home!