|
Taking Control of Your Financial Life
Stacey Moore
Wouldn't it be nice to feel less stressed about
your finances? It's a goal that many people share. Money can cause
stress in a variety of ways: the hassle of cashing a paycheck, the worry
about bills being paid on time, the danger of losing a wallet full of
cash.
Taking control of your financial life can enable you to better budget
and plan ahead for life's big expenses and ultimately reduce financial
stress. Setting priorities can inspire you to take control of
unnecessary spending and set you on track to achieve your financial
goals.
Consumers have increasingly embraced payment cards-including credit,
debit and prepaid cards -to assist with money management. Bank-issued
prepaid payment cards, such as the Visa prepaid card, are the most
recent addition to the payment card family and provide convenient,
speedy, secure ways to receive a salary, make payments and track
spending-all without the need for a traditional bank account.
Money Management Tools To Empower You
Here are some tips on how you can use a prepaid card to streamline your
finances, save money and, ultimately, give you greater control of your
financial life:
• Switch to paperless payroll. Sick of wasting time waiting in line to
cash your check on payday? Ask your employer about Visa Payroll cards, a
prepaid option that lets you make everyday purchases and payments
electronically, online or over the phone, and even obtain cash at ATMs.
Alternatively, you can set up a direct deposit into a prepaid card
account or visit your local bank to load funds directly into your
account. You'll save time, avoid check-cashing fees and get faster
access to your cash.
• Build an accurate budget. Begin by tallying up fixed expenses such as
rent, utilities, transportation. Then estimate what you spend each month
on items such as food, entertainment, clothing and gifts. Not sure where
your money is going? Pay for goods and services with your prepaid card
and receive a monthly statement online or in the mail, making it easy to
track your spending.
• Cut your losses. Cash is so easy to lose. Visa Prepaid cards are
covered by Visa's Zero Liability, which means that if they are lost or
stolen, the money on the card is still yours*.
• Increase your flexibility. Unlike a check or cash, prepaid cards give
you the flexibility to make a purchase over the Internet or by phone. In
some cases, products and services such as airline tickets can be cheaper
if purchased online. By carrying a prepaid card, you have even greater
flexibility and another way to save money.
• Develop good spending habits. Prepaid card transactions, just like
checks, are drawn against the money you already have on the card. It's
not a temporary loan from the bank to be repaid later, so it's a good
reminder to live within your means and spend responsibly.
Article Directory:
www.articledashboard.com
Visit
www.practicalmoney.com www.skills.com to find more online tools and
resources to help you practice better money management for life. For
more information about where to purchase Visa prepaid cards, visit
www.visa.com. *Covers U.S.-issued cards only. Visa's Zero Liability
Policy does not apply to ATM transactions or PIN transactions not
processed by Visa. Notify your financial institution immediately of any
fraudulent use.
|
|
 
Organize Your Personal Finances In No Time
Additional Articles
|
