– Fiscal: relating to money issues– Responsibility: it is a moral obligation to act or behave correctlyWhen we put these two words together, we develop the moral obligation to act or behave correctly relating to money issues.
1. Set Financial Goals:Financial goals are a type of goal to help you reach some milestone. Let’s say you are in credit card debt. Your goal would be to get out of this by a certain time and you would strategize to achieve this.
4. You need an Emergency FundI cannot stress this one enough. An emergency fund can really save you. It gives you peace of mind and allows you to have less stress.5. Time to get Rid of Bad DebtIt is time to get rid of this bad debt. If you truly want to be fiscally responsible you need to get rid of bad debt. Credit card debt is one of the worst ones.