KCAL On Your Side: Improving your financial health in 2023

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Financial experts say now is the perfect time to improve your financial health. On Your Side's Kristine Lazar has some tips to improve your finances.

It's hard right now to improve your finances, between inflation and rising interest rates. But there are steps you can take to boost your bank account in 2023.Starting with tackling those credit card balances. Interest rates on credit cards are at an all-time high. The average rate is sitting around 19 percent.

So the best bet is to get a zero-interest credit card and roll those balances over. You can get up to 21 months at zero percent to pay off the debt.This is a good time to check your credit report. Make sure there isn't anything on there you don't recognize.

 

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