April has been designated National Financial Literacy Month, a great time to learn more about managing personal finances. Money Management International (MMI), the nation’s largest nonprofit credit counseling firm, has developed a 30 step path to achieve financial wellness. Here is a quick summary:

1. Make a commitment to change
2. Assess your financial situation
3. Clear out financial clutter
4. Set yourself up for success
5. Get copies of credit reports
6. Clean up your credit report
7. Make your money count
8. Identify your starting point
9. Test your knowledge of debt
10. Set your priorities
11. Set SMART financial goals
12. Set short, mid and long-term goals
13. Pay down debt
14. Plan for the unexpected
15. Secure your financial future
16. Make a commitment
17. Save for your goals
18. Identify where the money goes
19. Document fixed monthly expenses
20. Plan for periodics
21. Document your spending
22. Identify ways to reduce spending
23. Save money on groceries
24. Share a tip for change
25. Document your desired spending
26. Protect yourself by performing financial check-ups
27. Understand the cost of credit
28. Assemble a financial team
29. Appreciate the benefits
30. Move forward

To see the full details of each of these valuable steps, go to MMI's Financial Literacy Month website.

 Have questions about financial wellness?

Email your question about Financial Wellness to pr@wict.org and we’ll post the first thirty questions received with answers from Credit Counseling expert, Kim McGrigg.

Kim McGrigg is a respected credit counseling professional with more than thirteen years of experience. She is Money Management International’s credit advice columnist who answers thousands of consumer queries each year. Read more about financial wellness at Kim's blog here.