Your Financial Trifecta

The NBA Finals just wrapped up. Whether you were going for the Miami Heat or the San Antonio Spurs, you saw a lot of “trifectas” in the playoffs.

If you are a serious sports fan, you know what a Trifecta is… The “long ball.” “The tre.” Better known as “the 3-point shot.”

Today I want to talk about your Financial Trifecta.

Three things that you need to have in order to be financially fit:

#1: You must have a budget. Know your income, know what you are spending your money on and try to keep it under control. And make your debt payments on time.

#2: You must have an “emergency fund” to cover those unexpected financial road bumps. A minimum of 3 months living expenses is a good rule of thumb.

#3: You need to have a good credit score. Find out what’s on your credit report that could be holding you back, and fix it.

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