In this article. . Take inventory of your finances. . Build a money management blueprint. . Make savings a habit. . Be persistent..Being good with money is essential to living a financially sound life. It s a requirement if you want to improve your credit or get out of debt..If you follow these four steps, you ll be able to move from financial stress to financial stability. Step Create a Budget. Step Get on a Money Management Plan..But the first principle of healthy money management is to live within your means, which means spending less than your take home pay. Start .Mapping Your Future is a nonprofit organization committed to helping students, families, and schools navigate the higher education and student loan processes .How to manage your finances. Managing your finances does not need to be overwhelming. Instead, implement these tips one at a time to take .Pay off debt. Schedule regular progress reports. Understand Your Current Financial Situation. Before you can start managing your money better, .Learn about the tools and techniques that can help simplify budgeting and help you reach your financial goals. Play videoPlay Options for people who don t like .