Get Control of Spending to Ensure Financial Stability
Posted on April 16, 2012 at 14:42 PM EDT
BMO Harris Bank is using Financial Literacy Month to provide consumers a fiscal education lesson each week. This week's tip is how you can take control of your spending.
CHICAGO, April 16, 2012 /PRNewswire/ -- Everyone has had a similar experience, where what should be a short, inexpensive shopping trip somehow balloons and leaves the shopper wondering what they bought and why. Shopping trips like these can be the downfall of a financial plan, and illustrate how easily those plans can be derailed.
"BMO Harris is here to help Illinoisans be financially fit and educated," said Julie Curran, Regional President, BMO Harris Bank. "We know that reining in spending can be the trickiest part of a financial plan, which is why we've developed a variety of educational resources."
Taking control of spending is an essential ingredient to any financial plan, but it's easier said than done. M&I offers a few tips on how consumers can get control of their spending.
BMO Financial Group has created informational websites for financial education. Helpful Steps®, www.bmoharris.com/helpfulsteps, helps consumers better manage their money and learn ways to improve their financial well-being. There's also a version for parents, http://community.bmoharris.com/helpful-steps-for-parents, with great ideas on raising financially smart kids.
Financial Literacy Month Weekly Tip:
Week #1 – Don't put all your financial eggs in one basket
About BMO Harris Bank
Based in Chicago, BMO Harris Bank N.A. provides a broad range of personal banking products and solutions through over 650 branches and approximately 1,350 ATMs in Illinois, Wisconsin, Indiana, Kansas, Missouri, Minnesota, Nevada, Arizona and Florida. BMO Harris Bank's commercial banking team provides a combination of sector expertise, local knowledge and mid-market focus throughout the U.S. Deposit and loan products and services provided by BMO Harris Bank N.A. Member FDIC. BMO Harris Bank(SM) is a trade name used by BMO Harris Bank N.A. BMO Harris Bank is part of BMO Financial Group, a North American financial organization with 1,600 branches, and a retail deposit base of approximately $180 billion.
SOURCE BMO Harris Bank
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