The World According to Me

Choice 6: What do I pay off first and how much do I pay?
Look at the holders of your debts. They probably include credit card companies, banks and maybe family members. Look at the interest being charged on each loan and the relationship you have with each lender. The order suggested below is a suggested […]

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When trying to map their financial path, many people cannot reach their goal by cutting spending alone. You should have a clear picture of your income and expenses if you tracked your money as suggested in my first post.
Choice 5: Where can I earn more?
Take a look at the bottom line created when you […]

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Choice 4: Where can you cut spending? Big ticket items.
The biggest expenses most people have in their budgets are their housing and transportation costs. For many people these expenses are off limits when it comes to making a financial plan, but you should at least consider your options.
Consider moving. If you own your own […]

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Choice 3: Where can you cut spending? Clothes and Entertainment.
Spending money on clothes and entertainment is easy for a lot of people. For some, buying clothes is entertainment. Setting a monthly budget for these expenses is a great idea and shouldn’t mean you enjoy life less. When you track your spending as suggested in my […]

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Choice 2: Where can you cut spending? The little things.
You’ve all heard that if you only cut out that coffee you buy every day you would be on much more solid financial ground. Many of us have small things we buy that we don’t think impact our overall budget that much. When you track your […]

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So now you know where you are and where you want to go. The tough part is mapping out the route you are going to take to get from one to the other. Like many maps you have choices to make about the path you will take. There is almost never only one way to […]

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In my first post I talked about knowing where you are when it comes to your financial life. I gave you some tools for helping to develop a clear picture of your financial reality, otherwise known as your actual spending budget.
When making a financial plan you also have to know where you want to go. […]

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