Happy Monday and more importantly, Happy Holidays!!
This week I am switching up the topic of Motivational Monday a little. Typically I focus a majority of my Motivational Mondays on actual life moments or the emotions that come with those moments. This week I want to take a closer look and that dreaded topic we are all afraid to consider: I want to talk about money.
A few weeks ago I mentioned working on a more realistic set of resolutions to go after in 2015. One of the items that is sitting pretty high on my list, is getting out of debt and creating a goal oriented budget for myself. Whether it seems like it or not, this is a big deal for me because while I am fairly good with my money and I don’t have extremely high debt balances, I do live a very free-swipe lifestyle. What is a free-swipe lifestyle? Oh, you know what it is. It’s the land of freely swiping your debit/credit cards for things you may or may not need with backhanded regret, but really you just can’t stop. Yup – that’s my world.
I have always been one of those people who lives with the mindset that life is short and if you work hard, you should be able to reward yourself every now and again assuming your bills are paid and you don’t indulge every day. However, as I get older the reality of a minimal savings account and small retirement fund have hit me. Sure, I still want to buy that new handbag I have been eyeing up, but I also want to have a vacation fund to travel freely and to invest in a home one day. These bigger dreams are more specific to my life now than in my early twenties and I need to get a move on them.
Lucky for me, I was browsing some of my favorite sites and came across this article on getting your finances together later in life. As I read through the article I was astounded as to how relatable this situation is and how even financial advisors are aware and accepting of the “late bloomers” when it comes to living a budgeted lifestyle. The article also had great tips for developing a budget based around your goals and tips on how to manage the money you have day to day.
Make sure you check out the article to see how you can apply these great tips to your own budget goals. Also, feel free to share some of your resolutions with me!Pin It