Has your 2016 been terrible? Can you not wait for the passing of the year and ‘Auld Lang Syne’?
There are many reasons we as humans can get down in the dumps. Our weight, goals and aspirations are chief reasons.
But what about money? Money makes the world go round and is a huge part of our lives. If our cash isn’t in order, is anything in order?
Not really. Money is so very important to our lives, that’s why it’s time to get back on track and have a stress-free 2017.
The first thing you need to consider when getting your finances in order is a budget. What do you need from your money? What does your money give to you? Write down a list of your goals and how you can achieve them with your current cash flow. Produce a list of items you can sell. Start 2017 with as much capital as possible and assess your current situation with a totally honest perspective. Can you afford your lifestyle? If not, why not?
It’s time to start budgeting. Track all of your income and spend and get it on paper, or a spreadsheet. When you convert the purchases and spend into numbers, it’s easier to get a grip and go through a total reality check. Where exactly is your money going? Only you can find out, so do so. Keep all your receipts and jot up your spend, it might be embarrassing, but you’ll have to take the plunge if you’re serious about getting your wallet in order. You need to confront your spending if it’s out of hand because this will put you into an unstable situation.
Tracking your spend is key to getting on top of your finances. Purchasing items and services is usually driven by emotion. Note every single purchase in your spreadsheet, and you can transform that emotional decision into a number. That number is a record of your spending and means more than the decision to spend does. That number will turn into patterns, and you’ll be able to curtail your spending and start saving with the excess. Saving is the next step, and it’s easy. Simply save what you were previously spending and put money away in small parts rather than large chunks.
If you’ve got a business idea, you should consider a loan to jump-start your new year with a new idea. An influx of capital can turn your life around and help you follow your dreams. Options like quick loans can start your year off on the right foot and give you a new outlook. Just make sure your plan is solid.
If your finances are in order, your life will start to fall into place. Finance is a cause of major worry, stress, and anxiety, and being in control of your money will make you feel in control of your life. Don’t let things start getting ahead of your, keep it all under control and tracked and you’ll be on top in no time at all.