Since we have almost 2 months left in 2015, I want to do a pulse check to see where you are. Did you set goals in January to help guide you throughout this year? If so, how did you do? If you aren’t where you want to be, then there is still time to start over and take some critical steps towards achieving a better financial future.
Step 1. Determine your why. Your why is your reason for making the decision to do something different. Making changes you life, behavior, and habits takes work. Having a strong why will help to motivate you to just keep going and to make the necessary sacrifices to have the life that you really want.
Step 2. Create your financial blueprint. Creating a financial blueprint consists of a budget and a strategy to achieve your goals. Look at your current bill structure and then determine if there are areas to cut. Also, look at monthly subscriptions and charges to see if you need them of if they can be modified. Also, identify ways that you can increase your income to achieve your goals faster.
Step 3. Understand and strategize around your blind spots. Your blind spots are areas in your spending that you don’t notice. For example, you may buy a lunch everyday without thinking twice. This is why it is so important to track everything that you spend. This will help you to identify and quantify the items that you buy out of habit. Understanding this will help you to determine what you should keep it cut to be more intentional about how you spend your money.
Step 4. Grab a friend. Similar to a gym buddy, embarking on a new journey is more fun with a friend. Remember we are more likely to break our promises to ourselves rather than other people. Let your friends know that you want their support to help to hold you accountable towards achieving your goals. Then, ask them to participate with you.
Step 5. Have fun responsibly. You don’t live to work; you work to live. There is nothing wrong with having fun; just do it responsibly. Include items in your budget that are fun and bring you happiness. If you want to have your morning latte then get it. Just make sure that it is included in your budget. Figure out the things that give you the greatest value and then make room for it in your budget without sacrificing your goals and priorities.
Now that you are equipped with simple tasks to build a better financial future, you can start now. Don’t wait until January because everyday that you wait is another day that you spend not working on creating your ideal life.
Be sure to leave a comment to let me know what you will do next.
Aisha Taylor is a single mom of twins, personal financial coach, work from home entrepreneur, and #1 Amazon Best Selling Author of the book “5+5 FNPhenomenal Ways to Save $100 This Week Without Killing Your Lifestyle.” Aisha has been featured in ESSENCE and Jet Magazine. She is also the Founder of FNPhenomenal (Frugal –n- Phenomenal), a movement designed to give you the tools that you need to totally transform your finances, enjoy your life, and stop living from paycheck-to-paycheck. It’s time for you to be Financially Phenomenal! Book your complimentary 20-minute financial clarity session with Aisha here.
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