Financial experts share tips to help your accounts stay in the green in 2025 [Video]

If you want to improve your finances in 2025, financial experts believe everyone should take the same first step.

“So number one is get on a budget,” said Jade Warshaw, financial coach for Ramsey Solutions.

You have to determine your cash flow — how much money is leaving your household and how much is coming in.

“Until you understand your budget and your cash flow, it would be almost impossible to stick to a new year’s plan of getting out of debt,” said Leslie H. Tayne, financial attorney and credit and debt expert.

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Once you do that, figure out if you prefer to track your finances on paper, via spreadsheets, or through apps on your phone.

“The big step is listing the debts, prioritizing, and then you know whatever money is there, assign it a …