As we move into September, I’d like to propose something (a ‘tactic’) that you can use to help propel yourself towards better financial security this month and in the future; namely, creating a ‘monthly goal’ for yourself that is aimed at becoming either more financially literate, financially prepared, or financially secure in some way. Progress starts with ‘small’ steps, right? How can any of us expect to improve if we bite-off more than we can chew all at once? The same is true in Personal Finance… we must start slow and work ourselves towards financial freedom little by little!
So, this month, I’d like to propose that you start slow by doing any one of the following that you feel you can:
- Click on this link below & read the information in this article to broaden your financial literacy skills, or…
- If you have not yet done so, assemble a monthly budget that includes your expected cash inflows minus your expected cash outflows (which will = your ‘net’ cash flow) to better prepare yourself financially, or…
- Aim to save one-tenth (or 10%) of whatever your personal net income is this month, and put that amount into a personal savings account to help secure your financial future
These might seem like small things to you, but ‘small’ things, once we successfully accomplish them, add-up to ‘BIG’ things! My hope is that you can use this progressive approach to financial management as a springboard to better financial habits that you can carry forward from month to month. Give it a try, and feel free to post your comments here to tell us what you’re doing, and how it was helpful to you. We want to hear from you!
