Boost Your Finances
Blast past financial headwinds!
For many, spring is tax season- a perfect time to evaluate your overall financial health. Use this opportunity to refine your budget and set yourself up for financial success for the rest of the year.
89% of Americans say budgeting helped them manage or get out of debt.
What will spark momentum and power you forward?
Start Here –
- Establish short- and long- term goals
- Reduce unnecessary expenses
- Create a budget
- Explore other income streams
- Consult a qualified financial professional
Your Financial Launch Pad
Build a long-term financial strategy with steps you can take today.
:03 Assess-
- Track all monthly expenses, including scheduled payments (e.g., mortgage) and miscellaneous expenses.
Reduce Spending– Think about what you can eliminate from your budget, even if only temporarily (e.g., streaming platform services, daily coffee runs, takeout meals, etc.).
:02 Budget-
- Check out online budgeting tools like YNAB (ynab.com). Goodbudget (goodbudget.com) or Honeydue (honeydue.com).
Play the Long Game– Time goes by fast! Invest in your future by contributing to a retirement account.
:01 Commit-
- Make a promise to yourself and your family- you can do this!
Job Options– Explore gig work and temporary second jobs. Or it may finally be right time to make the leap to a new chapter!
If you have any questions, I’m here to offer clear, concise information you can trust. I can also refer you to a financial professional if you need further guidance.
For a printable copy of this newsletter, click here.
SOURCE: debt.com/research/best-way-to-budget
