When it comes to planning for your financial future, it’s a tough thing to comprehend. Especially when you don’t have a background in planning out your finances or even budgeting.
I’m here to tell you that it might be overwhelming, but it’s not impossible to understand. You just need to focus on creating a better life for you and your family.
If you’re spiraling out of control with managing your finances, this post is for you and I’m so thankful that you’re here. I seriously get jazzed about helping others learn about managing their finances.
The saying goes, money can’t buy happiness. Which is true. But, it sure can make life easier, can’t it?
Less stress and worry over...well, basically everything. Things like:
Being able to help family and friends out financially when they need it.
Buying a cheeseburger for that homeless man on the corner without feeling the dent it put in your pocket.
More time for having fun and doing the things you’ve always dreamed of doing.
More money means achieving those dreams that you’ve always wanted to achieve.
So, you’re ready to make all this cool stuff happen, right? But wait, how do you get there?
Well, that’s where this blog post comes in. This is the ultimate guide to your personal finances and figuring out to to afford your dreams. Because I’m ready to help you turn around your finances, are you?
These 6 steps will walk you through how to achieve your dreams and goals.
I’m going to be honest with you, it’ll take time to achieve your dreams and plan your financial future. But, you can create a timeline of when you can accomplish all of your dreams. You won’t be an overnight success (because those don't exist), but you can create a timeline of when you’ll get there.
How does that sound as a compromise?
Step One: Create a Monthly Plan for your Money
This is a big one. If the word budget makes you cringe on the inside, I’m talking to you directly. You need to reset your mindset on the word "budget". It sounds like it’s constraining and an anti fun haver word to you – but it’s the complete opposite to me! Does that blow you mind? GOOD. That’s step one to reset your mindset on budgeting. Through budgeting, I can buy what I want when I want and still have money to put towards my savings. That’s right. The only difference from to me you is I plan for it. I plan on buying a pair of new shoes or taking that vacation and I start saving up for it. So, I am still having loads of fun and buying what I want – I just plan in advance for it all.
Step Two: Know Your Financial Goals
In order to be able to stay motivated through the budgeting process, you need – and I truly do mean need – to know your financial goals. You have to know what you’re working towards long term. If you don’t have a shiny goal at the end of the tunnel, chances are you’re not going to want to get out of the tunnel.