Print this page

Organize Your Finances

Consolidation LoansLearn More
Organizing your finances makes it easier to establish and maintain a good credit history and realize your financial goals. Follow these tips and sign up for Wells Fargo services that can help.
Open checking and savings accounts
By starting a relationship with a bank, you're on your way to establishing a solid credit history. Keep careful track of your deposits and withdrawals — don't take out more than you put in.
When you apply for a Wells Fargo checking account, or if you already have one, you can sign up for Overdraft Protection. You'll avoid bouncing checks by linking your checking account to your Wells Fargo credit card to cover overdrafts.
Keep track of Debit Card usage
When you open your Wells Fargo checking account, you'll get a Wells Fargo® Debit Card. This card makes it even easier to access your money, so make sure you keep your receipts and write down your withdrawals in your checkbook register.
The Debit Card differs from a credit card in that the money is deducted from the primary linked checking account. For more details on the differences between these cards, see "Knowing the Difference."
Take charge of your credit cards
A credit card is usually one of the first forms of credit you'll get. Make sure to keep careful track of when you use it, so you don't go over your credit limit or owe more than you can afford. Keep your receipts and check them against your statement each month; report any errors or unauthorized transactions immediately. Read "How to Maintain Good Credit" for more tips.
Manage your money online
Online banking makes it easy to keep track of how much money you have and how much you're spending. From wherever you have Internet access, Wells Fargo Online® lets you check your account balances and transactions, transfer funds, and make service requests like address changes.
Remember to pay your bills
  • Set up automatic payments. As well as saving you time, this might save you money. If you have your Wells Fargo Home Mortgage payments taken from your Wells Fargo AdvantageSM Homeowner's Option Checking account, for example, you avoid monthly checking fees. And you can get a discount on your Wells Fargo home equity account by setting up automatic payments.
  • Sign up for Bill Pay. Bill Pay lets you pay your bills online, and you can set up recurring payments up to a year in advance. You'll avoid late charges, and keep your credit history on track.
  • Request a change in billing cycles. If your major bills are due on different days of the month, look into changing your billing cycle. This way, you can set aside time, at the same time every month, to pay your bills. If you have a Wells Fargo credit card, you can change your payment due date online.
Organize your money
  • Consolidate your accounts. If you have accounts with just one financial service provider, it's easier to keep your finances straight. And you may save money — talk to your Wells Fargo banker about discounts.
  • Use personal financial software like Quicken® to help you keep track of expenses, account balances, and payments.
  • Set up a filing system. Keep financial documents like tax returns (for seven years), utility bills, and account statements. Set up separate file folders and keep them in a safe place.
Consolidation LoansLearn More
 
Quicken is a registered trademark of Intuit, Inc.