While we are still in the first quarter of the year we can look for better ways to work less and making more this year. How do you prioritize this on your entrepreneur journey? Here are a few tips on making that shift from few hours to greater income.
Who wouldn’t be? You’re starting a new adventure together with your life partner and will be building your future as a family.
As newlyweds, there will surely be a lot of adjustments. One of which is that the things that you once did on your own before, moving forward you now have to consider your partner as well. This goes with finances as well.
If you can splurge on items before that you like and shop whenever you want, now you have to consider your spending, especially if you have agreed to combine your finances.
What do you see?
Are there old receipts, bills, coins, photos, credit cards, discount cards, IDs, etc?
A fat and a bulky wallet is not always a sign that you have a lot of money. It’s most likely a sign that you are disorganized.
Sudden hospital visits, accidents, house repairs, major car fix, typhoons, disasters, or and unemployment.
Do you have money to spare if any of these things happen?
In case your answer is none, think again.
If you’ll be using your credit card, take out a loan or borrow money from other people is your solution, you might find yourself drowning in debt later on.
Do you still remember your new year’s financial resolution?
How did it fare?
Are your financial goals closer to reality?
Or do you think you failed?
It is never too late. It’s time to perform a financial review.
What went right and what went wrong? What are the strong points to retain and what to work on?
Your finances can still be fixed if you are still willing to start all over again.
How to make it right before the year ends?
And maybe you had these lofty goals and aspirations like:
Want to be debt-free.
Save for retirement.
Get out of old habits and finally achieve financial freedom.
Do you still remember how inspired you were when you initially made your financial goals? How focused you were to change for the better?
Is the excitement still there? Can you still feel the burning desire to succeed?
If yes, congratulations! Keep it up!
If no, that’s normal. But don’t give up and let’s get you back on track!
So, how to stay motivated in keeping your financial goals? Here are some tips to help you never lose your motivation.
Do you work a lot trying to save for your retirement?
When was the last time you took a vacation or treated yourself with a simple weekend getaway?
Because of our responsibilities, sometimes we forget to live. We can be so busy planning for the future that we take the present for granted.
“I need to save for my emergency fund.”
“I need to secure an insurance.”
“I need to prepare for my retirement.”
These are great goals to have but make sure while you’re preparing your way to financial freedom, you’re still enjoying life.
Yes, you can have financial freedom without being stingy. We don’t have to deprive ourselves of the good things in life for fear of losing money. We just need to be smart in handling our finances.
So how can we save and at the same time enjoy?
Try these simple tips.
This is how soon to be parents describe their feelings as they wait for the arrival of their newborn.
There are a lot of things a new parent should be prepared of. But aside from changing nappies and sleepless nights, new parents should get ready for the financial responsibilities of parenthood.
Here are some financial tips you might consider as you wait for the coming of your bundle of joy.