You could make this one of your money revolutions !!! Your finances may be on top of your resolution’s list, it is for many, but like most things do we think and say certain things then do everything but ? When we do actually take control of our own finances it really is empowering…….so let’s see if you can obtain your goal.
You could start with a wish list, let yourself drift of a little, dream a little, just think of what you would do if your really could do anything you wanted, would you finish work, retire? start a new business ? take of around the world, go ahead and make your list and then work out, what this wonderful wish list could maybe cost you !! Now start thinking of how you could save, maybe you could stay in a few more nights and do something exciting at home, maybe even something that makes money……or you could give up something special to you like take aways etc.,
Did you know that by paying only a minimum on your credit card, is the expensive way of borrowing money, if you were to pay of as much as possibly can, things change……….
This is a good one , make a list of all your outgoing expenses, now that you have a dream a goal to reach it does in fact make the budget factor easier, to keep a great clear head it is good to know what goes in and what goes out….a few tips could be to control in your head, your little spread sheet, and don’t spend more than what is coming in. Know at all times your committed payments, they never change! you can work out your available cash and allocate accordingly , essentials always first…..remember to make a mental list of wants and needs, there is a difference, and it is in this area you can get carried away.
Change your mind-set, a great tip here is to let your mind work out not only the cost of the item, but how many hours it took you to make that money, it just puts a slightly different twist on it…are those fabulous shoes worth three days work in the office………..this really is a good way to change your way of viewing money. Even if you can only save 5/10 pounds/dollars/euros a week it is better than nothing, never underestimate your will power and capability, play a little game on the fact that every time you save money, write it into a piece of paper and slip it into your piggy bank !!add it together maybe six months later and you will be pleasantly surprised, and it helps to keep you going back into bad habits with money. As you know every journey is started by the first steps, whether they are big or small, the fact that you start your journey is what counts..do not be lead or be discouraged by stories of delaying this saving process, nothing is as good as now, nothing is unachievable if we put our mind to it, when you are saving it is good to incorporate a little clause of 10/20% each year more on our monthly save, whatever you can afford and stick to it, al least 6 months, it then becomes a habit . Where possible try to spend one hour on your finances each week, it can help and it keeps you encouraged.
Always remember, you can change your mind, if something isn’t working, be flexible, don’t beat yourself up and allow yourself to make changes.
Brooke Universal Life COach