Sometimes people become so overwhelmed that they bury their head in the financial sand. Not only do they neglect paying their bills on time, they donâ€™t even open their monthly credit card statements. Such habits result in late fees, a tarnished credit report, and a lower credit score. Become financially organized by creating a cash-flow calendar where you record each payday for everyone in the home who earns money. Next, write down which bills are to be paid out of each check. Get into the habit of keeping all bills in one location so that you can easily put your hands on them, and commit to visiting your financial center at least once per week.