Identifying Your Subscriptions Review Bank Statements So, let’s kick things off with going through those bank statements. I usually sit down with a cup of coffee and a notepad (or my trusty spreadsheet). Check your recent statements for any transactions that look suspicious or for services that you’ve completely forgotten about. It’s eye-opening to see […]
Identify the Expenses That Are Increasing Review Your Financial Statements Let’s be real: financial statements can feel like they’re written in another language sometimes. But taking the time to review them is crucial. I’ve found that combing through your income statement and balance sheet can reveal trends in your spending that you didn’t even know […]
Set Clear Goals for Each Week Understanding Your Financial Landscape Alright, first things first. Before diving into themed money weeks, it’s crucial to figure out where you stand financially. You need to take stock of your income, expenses, savings, and debts. This might sound boring, but trust me, it’s like getting a roadmap before a […]
Hey there! If you’re anything like me, the thought of planning an entire year’s worth of financial goals can feel a bit overwhelming. But fear not! I’m here to guide you step-by-step through the process of carving out your financial landscape for the year ahead. Define Your Financial Vision Establish Your Long-Term Objectives So, first […]
In our fast-paced lives, it’s easy to forget to stop and smell the roses—especially when it comes to our finances. I’ve realized that acknowledging and celebrating small victories in our budgeting journey can create a positive ripple effect throughout our lives. So, how can we go about this? I’ve broken it down into five essential […]
Understanding Your Unique Financial Journey Your Path is Not Their Path It’s so easy to look at someone else’s financial situation and think, “Why can’t I have that?” But let’s get real for a second. Each person has their own financial journey shaped by different experiences, upbringing, and choices. What you see on the surface […]
Hey there! Today, I want to chat about something super important: how to find that sweet spot between risk and security in our financial choices. It’s a bit of a balancing act, but trust me, it’s totally manageable with the right approach. Let’s break this down into five key areas that I’ve found to be […]
Assess Your Current Financial Situation Gather Your Financial Data Alright, the first thing I do when sitting down for my monthly finance review is to gather all my financial data in one place. This can include bank statements, credit card bills, pay stubs, and investment statements. It’s crucial to have everything ready so you can […]
Understanding Money Psychology Our Relationship with Money Let’s face it—money is more than just paper and coins. It has a deep emotional tie to our sense of security, freedom, and even self-worth. For me, understanding how my upbringing shaped my views on money was groundbreaking. Growing up, every financial decision felt like a huge weight […]
Understanding Your Cash Flow What is Cash Flow? So, let’s kick things off with the basics. Cash flow refers to the money that comes in and goes out of your business. It’s a bit like keeping track of your personal finances, but with the added twist of managing expenses, revenues, and maybe a few surprises […]