BUDGET— Oh the dreaded words. And for folks like me who don’t really like the word I go with Dave Ramsey’s other word “Financial Plan”. Ahh there, now I can breathe a little better. So the thing I never stick to I mean Financial Plan is something I am now vowing to conquer!
Two weeks ago I attended a photography conference. One that challenged me in more ways then one. And over the next couple days I’ll be sharing some of that. The first being that my finances aren’t going to solve them self. My goal is to be completely debt free within the next 2-5years. For me debt can be enslaving and I don’t want money or people to ever be my master. Now I must admit I’m lucky to have not incurred a lot of negative debt but none the less if I would have seriously created a financial plan and followed it, I would probably be a lot further ahead with that goal! Then enters Jody Gray who totally put a pep in my step and kicked me into high gear. At the conference she talked about creating a plan and living below your means and how her and her husband became debt free in just a few years. I am more motivated then ever to take total control of my finances. So here are some quick tips I am now living by.
1. Live below your means.
2.Create specific Financial goals
3. Create a list: What do I need & What do I want
4. Create an emergency fund that is 3-6 months of living expenses
5. If you own a business, keep your business income and personal expenses separate.
6. Read total money makeover by Dave Ramsey
Something to remember is that, while its important to start taking intuitive by creating goals what is most important is executing them.
” Financial Security is 80% behavior & 20% knowledge”
Financial Resources
Download helpful tools on budgeting :http://downloads.zachandjody.com/#/downloads/
For more from Dave Ramsey :http://www.daveramsey.com/home/
Total money makeover:http://www.daveramsey.com/store/prod326.html
Thanks Jody for the Kick in the butt!~
