Take Control of Your Money in 2014! Step 4
Before we move straight to making the 2014 plan, now is a good time to consider the reasons why this might not work. Not to be negative but often I hear people say ‘I’ve tried this before’ or ‘It never seems to work’ so let’s get the barriers to success right onto the table. They might be:
- I don’t know where to start
- I don’t make enough money
- I don’t have time to deal with this
- I’ve got lots of time to plan for retirement or save for a house
Here are some suggestions one by one:
- Follow this series of blog posts to set a simple plan with clear action steps and take them on one at a time – before you know it, you’ll be a long way along the path!
- Next post we’ll take a look at balancing the numbers and yes, sometimes earning more money becomes one of the action steps
- Once your plan is designed, it takes about 15 minutes a month which is not a lot of time to feel good about your financial future
- Starting early gives you advantages over a delayed savings plan which can mean a lot less saving to do in the long run and don’t forget, these are big things to save for and broken down into smaller chunks makes it easier for most to manage
Step 5 is designing the action plan and smoothing out the wrinkles to make a balanced budget.
Posted: January 28th, 2014 under CEO of the House, Money & Lifestyle, Money Savvy Tips.
Tags: Budget, Cash Flow, Dear Piggy Bank, Education, Financial Planning, Money & Stress, Money Systems
