Tom Coates from Consumer Credit of Iowa is handing out financial advice on how to get your finances and bank account back on track in the new year.
The first thing to do, Coates said, is to find out exactly where your money is going. Track it on your smartphone or with a pen and paper, but write down where you spend your money. You might think you only spend $50 each month on something like dining out or clothes, but you might be spending far more. Identifying the expenses is the first step, what you do about it is up to you.
For more information, visit the Consumer Credit of Iowa website here.