The most common comment, when I suggest starting on the path to financial freedom is “Save Money, I can barely pay my bills, how can I save any money!”
I then ask the following questions:
- Do you have a financial plan or goal for where you want to be next year or 5 years from now in regards to your savings, debt and overall finances?
- Do you know your net worth?
- Do you plan your spending, and know where your hard-earned money is going this month?
- Do you know what your family is spending your money on?
- Do you shop without a list or plan?
- Are you using credit cards to “get you by”?
These are just a few of the questions that help to confirm the lack of planning your finances. To be able to “Save Money” you must have a plan to “save money”. It will never just happen by accident.
So check back with us over the next few weeks as we try to get back to basics of planning, and saving.
Your life will be much less stressful, which means you will be happier, as will those around you.
And remember, if you need “Emergency Money Resuscitation” check out my new e-book at www.themillionairenurse.com. And please send your friends and co-workers to this blog and my home website so we can answer their questions about money.
Tags: saving money, savings
