Thursday, March 14, 2013

Financial Challenge: Sticking To Your Plan

Many weeks ago-we set a financial plan in place to pay off debt and save. Today is a stop and check day. Have you stuck to your plan? Are you paying off debt, saving money and living on cash thru-out the week? If you have detoured from your plan-stop and re-evaluate and get back to it. If you never did a plan-do it today.
1. Evaluate total debt and put them in order from least to greatest.
2. Save 15% of your take-home
3. Calculate your grocery, gas, spending money,etc. your weekly living needs-get those amounts in cash in envelopes for the week or time period that works with your pay cycle.
4. Live on these amounts

What can you cut to get you there? Do you need expense cable? To eat out 4 times a week? Be honest with yourself-don't think the government will take care of you. They can't pay their own bills. Make a stand and be different!

Today's Challenge: Make your financial plan-or evaluate where you are-stay motivated and focused. Life is to short not to enjoy retirement!  You can get there!

Challenge Issued!

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