No matter how much money you have, always have a spending plan. You want to assign your dollars a job, this way you will always know where you stand every month.
Once a year check your entire credit report for irregularities and know your credit score. Know all your investments (IRAs and not). Know all your debts. With facts you will have a clear picture of your money situation and where you stand. You can request a free credit report from http://www.freecreditreport.com or the credit reporting agencies such as Experian, Equifax or TransUnion.
Be intentional to purchase fewer things. Focus on quality, versatility and even multiple uses.
Write out your long-term goals and dreams. Perhaps create a Vision Board, images are powerful. Look at your spending in terms of reaching your goals to help make day to day decisions. An overpriced multi-name coffee drink every day or first class to Italy in one year? Chao Bella!!
Treat yourself, spa day anyone! and splurge as part of your financial life. Treating them as a special indulgence once in awhile makes them more exciting. Also, by including the treat in your spending plan it doesn’t mess with your overall plans.
Learn how to cook, repair, and make things for yourself when possible. YouTube has an endless choice of videos to whatever you want to learn. Recently I learned to strip wallpaper and texture a wall with the help of YouTube.
Diversify! Always have a fully funded emergency fund and a Plan B for the curve balls life throws at us. If you’re able to have a side hustle, go for it. Extra money for savings or payoff the debt.
Ask yourself “where do I want to be in 6 months, 2 years and 10 years”? Your next question is, “what can I do today to make it happen”?
Happiness is all around you each day. Work with passion because you love what you do. Give yourself options, not more stuff.
Give yourself grace! Perhaps over a holiday weekend you spent a bit more than you should have. Or you had a surprise visit from a dear friend. Don’t give up! Adjust your numbers and keep moving towards your goals.