It is that time of year. We are all making resolutions to be fitter, lose weight, save more money, be happier, the works.
We are all making promises to ourselves. This is great. It’s wonderful when people resolve to improve themselves. Better yet, this is the only time of year that we seek a plan. EVEN BETTER. Without a plan a goal is just an idea. If you don’t have a plan for how to get there, it is going to be difficult if not impossible.
So I’m here to help with your financial goals. You want to get out of debt, save more money, maybe get solvent in such a serious way that you can afford a new splurge. Awesome! But how do you do it? Where do you start?
I say you start from the beginning, a very good place to start. So I present to you the New Year, New Financial You blog series! I am going to post articles throughout the month of January on how to start cleaning up your finances, how to set a goal, stay on budget, save, deal with obstacles and knowing when you get to splurge and when to walk away. These are incredibly valuable skills that will take time, discipline and patience to develop — just like your weight loss and fitness resolution.
Even better, I am going to do them along with you to show you how to make them work! As it turns out, bankruptcy attorneys have budgets too! I will share savings tools, web and mobile applications I love and hate and programs I use in my home to stay on task and on budget. I will share what works, what doesn’t, and how to adjust things to make them work based on my own experience in using these tools.
We will talk a lot about timing because, to be perfectly honest, I feel that timing is everything, particularly for pre and post bankruptcy clients. For example, certain savings tools are great post bankruptcy when your goal is to save but not so great prior to a bankruptcy when the goal is different.
Currently the plan for the articles will go as follows:
Assessing the Status Quo
Setting Your Goal
Budgets, Budgets, Budgets
Tools for Saving
Dealing with Financial Obstacles
When to Spend for Fun!
Requests for additional topics are welcome, diversions from this subject will happen! I am more often than not inspired by what I hear in the courtroom, from colleagues, from clients, and things I see in social media.
So here we go. New Year, New You, Happier Savings Balance.
Happy New Year!!!!