How to get financially fit in the new year

ABC News' Rebecca Jarvis shares tips on how to improve your credit score and eliminate debt in 2019.
1:52 | 01/01/19

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Transcript for How to get financially fit in the new year
Amy and Lara? We'll take a look at how to get financially fit this new year, whether it's improving your credit score or eliminating those debts. For that, Rebecca Jarvis is here with more. Good morning and happy new year. Happy new year. Good to see you. Yeah. So we say this every year. This is going to be it. This is going to be the year I finally get my finances in order. So let's make 2019 the true year of financial freedom. Here are a few tips to get you started. Reporter: This morning, the most important things you can do to keep those new year's money resolutions. First up, know your credit score. At annualcreditreport.com, you can see it for free. Amend any errors and make sure there are no fraudulent accounts in your name open. In 2018, you can never be too careful. Next, pay down those debts. With interest rates rising, the cost of those unpaid balances with also going up. The biggest gift you can give yourself is a clean slate. It's also a great time to get automated. Set up auto-pay on everything, saving time and money by avoiding future late fees. Next, make this the year that you actually do max out that 401 K. Many employers offer a match and if you are not taking full advantage, you're leaving money on the table. Finally, set a budget and stick to it. Technology today makes it easier than ever to track with your smartphone using apps like good budget and mint. Connect your accounts and see where you can save. And here's the thing. Budgeting works. It does take some time, but it is so worth it. My husband Matt and I have been doing this for a few years now. Will be up next, but flea market flipping, that will save you money. It keeps your budget working for you. Great tips. Let's head over to Lara. Thanks for the shutout, Rebecca. Let's look at your health and what will make headlines in

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