Hello All, 
As taxes are finally done for the year, we can all breath a sigh of relief. However, maybe your are not satisfied with your current financial status. Perhaps you have debt that you are finding difficult to pay off or even get started. Or you are worried that you haven’t started saving enough money for retirement.
Well, today, I am going to show you how you can create financial goals and have 2017 be the year you get your fiances in shape.
The first step is to pan out your goals. What do you want to have with your finances? Do you want to retire early? Travel? Determining your financial goals will help you know what you need to save up for. Once you have completed this step, then it is time to budget.
With the plans of what you want to do, calculate all the expenses that you will incur including your household expenses and times that by 12 to get an idea of what you need to save up for. Now it is time to set up those savings budgets and plan out how you can save that money. Make a list of all the things that you make monthly payments and see if any of these categories can be reduced or eliminated. Next, see if there are other areas that you can reduce, say cutting your cable subscription, magazine subscriptions, you get the idea. If you really want to do the things you want in life, you need to be vigilant, determined, and frugal with how you use your money. Just as you need to create a routine to accomplish your goals, you also need to have a routine and plan for your finances as well.
Now it is time to set up your monthly budget. You can either do this the old-fashioned way with a pen and paper columnar pad, or there are some nice apps and websites that will help like Everydollar. com. I like to use a combination of both as it helps me keep on track. Once you have your budget carefully mapped out, it is time to excrituate it. Stick to your budget like glue. This might be the hardest step. But one way you can keep yourself motivated is to take or find pictures of your goals and put your financial goals on top of those pictures. That way when you are tempted to buy something you don’t really need, you can look at the pictures and your goals and feel motivated again.
Alright, that is all for now. In the next post I will show how you can save money on your groceries. Stay tuned!
Alyssa
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