Managing Personal Finances

We all have a duty of creating value in our lives, financially and otherwise, and when managing personal finances is our business to make thrive or drive to ruin. Not only is managing our money our business, but the secret is to treat our financial decisions as a business, the business of ourselves.
Ancient cultural wisdom has passed on this secret of success for countless generations yet many forget its lessons.

Life can be looked at in a way that will make managing your money and your finances easy with this understanding. From birth to passing, you are in business for yourself, the business of you. How you choose to run your business is up to you, but the principles of a successful business will lead to a successful life, both financially with your money and emotionally, let me explain.

A successful business is all about service to your fellow human beings, and providing value to their lives. If you seek to provide as much value to as many human beings in your life, you are sure to be a success, and customers and wealth will flock to your door. So how does this apply to managing money successfully you might ask?

When managing your cash like a business, it is with the understanding that you are in business for yourself. Your personal success business is of the utmost importance, and management will lead to additional opportunities and much success in life. Make sure that treat your financial business with the importance they deserve as proper managing of said finances will have ramifications that reverberate through all the aspects of your life.

When managing your money it is important to search for opportunities to be of greater service and value in the relationships you build. But also to do so with an eye towards avoiding decisions that would lead to bankrupting the business of your finances. Managing your monies will give you additional opportunities to help and build wealth for the people around you. It is your duty to grow your wealth building opportunities with sound decision making and investments to grow your ability to help.

A business is always looking for opportunity to expand and to grow, and this principle should be applied towards managing your money as well. Seek greater income opportunities by becoming more integral at your job, or with another company. Develop relationships with the people you meet and discover how your skills can help them. Keep a keen eye towards the growth of your finances.

Invest in yourself to develop greater skill sets, position yourself for your future. My point, is managing personal finances like a business is about seizing control of your destiny, both with your finances and your life. Imitate the great business leaders from and attack your future with vigor and enthusiasm. Managing your finances in this way, with boldness, and a belief in their importance can have astounding results. Lead your money with boldness, and like an army your wealth is sure to follow.

Personal Finance Series

When searching for personal finance advice, people never think about the impact of their own education, lifestyle, or upbringing on their search.

They look for personal finance spreadsheets, home budget worksheets, programs that offer personal finance in excel or they seek help from experts who have created a personal finance career.

Generally, people look outside themselves for answers in managing money, yet a major characteristic of the wealthy and the happy is their self awareness, a trait embedded in their childhood. They didn’t get mugged by the marshmallow!

Self Awareness: Why “Leaving The Marshmallow’ Is Important

Dr Walter Mischel conducted a famous experiment with a group of children and marshmallows. In the experiment he offered young children a choice between a marshmallow resting on the table in front of them, which they could eat now – or two marshmallows if they waited for him to come back into the room. Then he left and observed the kids.

He then tracked the success of the same children in later life and concluded that those who waited, were much more successful as a group, than those who didn’t. Those who waited and delayed their gratification had a higher level of self awareness, understanding the investment they were making by waiting, which means that in matters of personal finance budget management and financial planning, the ability to know oneself, and having self control is a core part of building wealth.

Self Awareness: Why Happy People See Success Everywhere

Happy people are self aware – they know the impact and influence they project onto others and can adjust their behaviour accordingly. Having emotional self awareness is to understand your feelings, what causes them and how they impact your thoughts and actions.

People with this competency understand how their needs impact their relationships with others, know their own values, and try to maintain a focus on what they consider to be most important. They resist the pressure to put on a false mask of success by projecting trappings of wealth as symbols of achievement.

Self Awareness: How To Negotiate Successfully In Any Situation

A critical benefit of self awareness is to anticipate your own reactions and extend a sensory acuity onto your negotiating opponent. Successful negotiation, in matters of personal finance and life in general is a matter of seeking a mutual win, rather than an outright victory so by ‘sensing’ when to agree and when to back off thus making much better decisions in the moment.

So to successfully negotiate in any situation, simply prepare in advance with the following 7 questions.

  1. How often do I change my approach to things?
  2. When was the last time I experimented with something new?
  3. How important is it for me to fit in
  4. When did I last notice something about someone else while ‘people watching’?
  5. Who do I look up to most in life?
  6. Do I think that giving in is a sign of weakness or a hidden strength?
  7. Do people think I always stay true to myself, no matter what?

Money happy people understand that all the money coming in must be given a job to do, either in enriching life or growing assets. These assets can be children, property, relationships, as well as the more conventional financial services products.

Self Awareness on its own though is limited in the power to ensure financial success and wealth, it is only one of the 6 critical wealth skills, yet when combined in a simple system of personal finance budget software online, is one of the strongest.

Personal Finance Articles Finally Show You How to Change

Many personal finance articles have been written on the issue of money. Can’t say I have been moved to action by many. First I’d like to say it is OK that you feel down about the current situation about your personal finances. I give you permission to feel your feeling for the next 24 hours and then pull yourself by your boot straps and let’s what we can do.

There exist many a definition, I want to share with you my personal finance definition:

Financial freedom is not an event, it is a skill.

I bet right now with the current economic situation you are saying to yourself, “I just wish I could the lotto!” Boy don’t we all and yet statistics and personal finance facts show that the majority of people who win the lottery, end up broke and worse off before their winnings! Imagine that. You among the many seeking wealth, riches, fame few people realize that money isn’t the solution to their problems; the way you think about money is the problem and the solution.

I can almost see you going oh yeah, give me the money and I’ll show you change in mindset! My favorite entrepreneur of all times, Henry Ford was once asked, “What if you lost everything you own?” He responded without missing a beat: “I’d have it all back and more within 5 years.”

Being a master of your own personal finance is not about what is in the bank; it’s about the ability to acquire the skill that will show you how to produce new streams of income and wealth based on your knowledge and experience.

So before we go any further on this issue let us tackle the real problem here that is impeding your personal finance for good! Why you might ask? Well without the mastery of these 5 steps, your desire for your goal for financial success and financial freedom is highly unlikely! This is why big players in any industry have coaches, Oprah has a life coach, football players and basketball players have coaches and mentors. Tiger woods after every bad game will go in for coaching and training. Why? Those who achieve great financial success do not go it alone. They always have a team. Those who achieve great poverty have the do it yourself mentality!

Why is it important to plan personal finances? As you have figured out by now, the cliche is true, when you fail to plan, you are planning to fail!

5 Personal Finance Guidelines That Will Guarantee You Become Master Your Personal Finances

1. How do you think about money? Say you come up with an idea to do something. Do you think that will never work? Are you afraid to follow through? Are you scared of losing money or do you see every dollar spent as an investment?

2. How do you manage and invest your time? The average man has at his disposal 6 discretionary hours. This is time they can do whatever they want. No work, no chores etc. Many will watch T.V., attend pricey sports events, spend money on meals at a restaurant and movies, see where I am going with this? Do you do personal finance budgeting?

3. How do you leverage the talents and life experiences you ALREADY POSSESS?
Most people see their experiences as failures. They only talk of how they tried to do something as failed. Thomas Edison failed more than I care to count, and yet he persisted to light the whole world. Many of life’s failures are people who did not realize how close they were to success when they gave up. Thomas A. Edison

4. Do you have a mentor and coach with a proven personal finance curriculum? This is the true measure of your desire for financial freedom. This is where you literally put your money where your mouth is, can’t afford a mentor you say? Well what was the last book you read? Gossip magazines do not count as literature sorry!

5. What do you think is “risky,” and what do you think is “safe and secure”? Most people never break into the realm of the 5% wealthy group who own 95% of the worlds resources because they want to play it safe. They want the money, the fame, the accolades but they feel they should not have to go through the process of creating this wealth. No wonder the internet and other places are full of scams and get rich quick opportunities. Remember this success does not happen overnight, but one night success does happen. Someone once said to me, it takes 3 years to be an overnight success!

The Success Principles of Personal

An often quoted saying about change is:

The more things change; the more they stay the same

That adage also especially applies to your personal finance. The foundational principles of personal finance has (and will always) work for anyone. You do not want to be creative with your personal finance when it comes to certain principles. Instead, you want to duplicate those success principles so that you will gain the same success others have attained before you.

Why would you want to innovate or change success? Consistency and persistency are admirable traits common to those who have attained a higher level of success.

Here are some success principles on personal finance that does not require complicated calculations or sophisticated degrees or knowledge. It requires common sense. By the way, common sense is an oxymoron these days since it is neither common nor does it make sense (or cents).

* You want to avoid credit cards or any other debt as much as possible. The borrower is always (and will always be) enslaved to the lender.
* You should never borrow from anyone especially relatives because it will change your relation to them from being a son or a brother (or a daughter or a sister) into a debtor and they will be your lender.
* You want to simplify your life by eliminating all debts.
* It is better to not owe any money than to have a zero percent loan or credit card.
* Get rid of the “stuff” fever. Stuff will accumulate and will go down in value as soon as you get that stuff.
* Never (ever) have any car payments. This includes leasing or fleecing. It is better to own a car and pay for the insurance and gas and maintenance.
* Practice the lost art of delayed gratification. Buy from a written list (e.g. grocery list, etc.) rather than your emotional impulse.
* Learn and practice to save at least 15% to 20% of your gross income by paying yourself first (before the mortgage, bills, etc.)
* The best things in life are free. Parks, walks, playgrounds, etc. are free and even more healthy than computers, video games, or movies.

* Cash is king. Credit will make you a pauper.
* Your best wealth building tool is your job or business income.
* You have to allocate your money very specifically or it will go away very generally.
* You should have at least a 24 or 48 hour moratorium on any purchase over $100. You want to let the emotions cool off before you buy.
* You should learn to give to charities. This will make you think of others rather than yourself. Giving is becoming a lost art.
* Spend all your money on paper (using a budget or expenditure plan) before you spend it.
* Never ever use credit cards again.
* Carry cash in your wallet. What is in your wallet? Cash.

Effectively Using Your Personal Finances

Once you have determined and drawn your financial plan, there things you can do to make sure the plan works. It is not enough to just draw a budget and leave it at that, you are required to act on it to achieve financial freedom.

With your long term goals and short terms financial goals in place, you need to break down the plan on how you are going to spend you cash from day to day. By these I mean you stop spending your money on expensive clothes or going out so that you can be able to save for your dream house or car. Financial planning is about how you use your money each day. Have a budget that will prevent you from impulse buying.

Life is about the choices we make thus choose to stay at home with your family rather than go out with your friends for a drinking spree. It is this kind of spending that will delay or make you fail to achieve your financial goals. Some of these things, you can make a conscious decision to do avoid them for now and do them later once you have achieved financial freedom.

Idleness is what brings about this habit of overspending therefore get involved in more constructive activities which contribute towards your financial goals. You can buy a book that shares on how to implement a business strategy or teaches on financial planning tactics. Choose to go to school and advance your career thus avoid impulsive behavior that only lead to overspending.

To achieve financial freedom and fulfill your financial plan you need to be disciplined. Make conscious decisions that positively affect your financial goals. With dedication, determination and focus you can generate wealth thus personal finance success.

The Single Most Important Personal Finance

There are many advices out there on how to deal with and succeed in your personal finance. Just like your goals in physical fitness and other areas of your life, you have to have goals in order to succeed in your personal finance. What does it mean to succeed in your personal finance? Success in personal finance means different things for different people.

If you make a lot of money but have a lot of debt, then you will still struggle with your personal finance because you are not making the most out of the money you have. You will be like a bath tub full of water coming in but most of the water is going down the drain. The end result is that you do not have enough water to take a bath.

If you do not make a lot of money (compared to the meridian family income which varies from city to city) which for the sake of argument is less than $50,000 a year but you do not have a lot of debt or other expenditures. You will notice that you do not struggle financially because your income is suffice. Over a period of time, your accumulation of income will enable you to succeed financially.

After listening to many experts and even practicing many of their advices, there is one advice that allowed and enabled people to succeed in their personal finances. Here is that advice:


What does that mean? It means that if you owe money then you are always enslaved to the company or person you owe that money to. You will never get ahead financially if you owe more than you make. Your net worth is your asset minus your liabilities. In order to have more of a net worth, then you will need to have more accumulated financial assets than financial liabilities.

Most people will argue what can be called a financial asset. With the down turn in real estate, many of the properties have become a liability when they were once an asset. But, most people including those experts would agree that credit cards and loans (especially car loans) are a liability.

We have to eliminate those liabilities such as credit cards and car loans in order to not be financially enslaved.

Money is definitely not the most important thing in life. But, it is important enough that we have to pay attention to our liabilities by eliminating those liabilities in order to succeed in our personal finances.

Personal Finance Secrets to Avoid Bad Credit

The following list of personal finance secrets to avoid bad credit are a simple yet effective means of achieving personal finance success. This disciplined approach to personal finance will help you avoid bad credit and get you on track to wealth building. Some of you might already be following this advice without realizing it, for others, life’s distractions have led them to forget these common sense guidelines.

The personal finance secret to avoid bad credit and financial ruin is to create an accurate budget monthly. Wealth building is a journey and it is vital to this journey to know where you are to understand where you need to go. Successful wealth builders keep track of their money with meticulous precision, and this focus on your monthly income and expenses helps you maintain spending discipline. If your budget is currently too painful to consider, try not to worry, and keep track anyway, there is no avoiding this vital step towards wealth creation. Bad credit and financial ruin is often caused by life’s surprises, or poor planning or projections, a budget will help you be prepared for and limit these unexpected expenses.

The next personal finance secret to avoid bad credit diligently spend less than you earn. Don’t try to make the money game harder than it really is. Your income minus your expenses per month leaves you with your spending money. Evaluate the results of your budgeting, are you leaving enough money for savings and emergencies, and how much money are you spending on luxuries and treats. Prioritize your spending with a sober eye, if you are over budget, and cut out all spending that is unnecessary until you are spending less than you earn. Avoiding bad credit and creating wealth has much to do with delaying gratification, and avoiding impulse spending that cannot truly be afforded without adding a debt burden.

The next common sense secret of personal finance to avoid bad credit is to get rid of and avoid debt at all costs. The idea is to make paying off your outstanding debt burdens a primary focus. If you are carrying the extra weight of a car bill, house payments, student loans, and other financial instruments, you are not alone. The secret is to make paying these debts off your number one priority after food and shelter. Harness your energies and start gnawing away at your debts and make living debt free a goal that once achieved is maintained with religious fervor. These debts are like anchors over your shoulders that are slowing your wealth building progress. Shed them at all costs and promise yourself never again to return to debt spending. By paying off your debts, you are well on your way to building better credit and wealth.

The final common sense personal finance secret to avoid bad credit, is to accumulate an emergency fund, and only to spend it in an emergency. Emergency savings is essential to weathering life’s little unexpected disasters. Preparedness will help you to maintain your financial obligations and avoid bad credit with on time payments while you get back on your feet. A half years income in emergency savings is usually a good standard for an emergency fund, and these monies should not be touched unless absolutely necessary.

Traditional Personal Finance Revisited

“We’re not in Kansas anymore, Toto” Dorothy said in the Wizard of Oz; which pretty much sums up my view of life in America, 2011.

So what to do?

The “new normal” means we each have an opportunity to start from where we are to create successful future outcomes from this moment on. That is, if we choose to release mainstream media’s “normalcy bias” perfected over generations to perpetuate (no matter what) the illusion of normalcy!

Central to the normalcy illusion is a consumption-based definition of success designed to override concerns in a shifting economic landscape. Yet all around us hard evidence virtually screams the naked truth of the many ways the “normal” we once knew, no longer exists.

Below are my personal-finance recommendations that dovetail but do not exactly match those of traditional advisers. Why? Traditional recommendations typically ignore the risk factor represented by how money works in context of its monetary system. Same as with health issues; without knowledge of the cause of symptoms, treatments generally lack full effectiveness.

When it come to personal-finance success, responsibility for how we earn, spend, save and invest is obviously essential. However, financial objectives can easily elude us if we lack the whole story about money. The missing piece is systemic in nature. Overlooked and under reported, impersonal monetary-system mechanics grind away to leave families vulnerable; undermining goals of stability and wealth-building.

Also known as a hidden tax. Who benefits?

Central banks worldwide (Federal Reserve for the U.S.) issue currency at the precise moment it is borrowed via an automated procedure called fractional-reserve banking. Therefore, money is actually a debt instrument (Federal Reserve Note). This private profit, interest-delivering system was designed centuries ago.

Over time debt grows per compounding interest and purchasing power diminishes with increased cost of living. The cost of living rises as businesses add their interest cost from bank loans to the cost of the goods and services we purchase.

And so grows the gap between the haves and have-nots.

That brings me to the pivotal issue of how much purchasing power $1.00 has in the marketplace today. One dollar is only worth 4.5 cents and an online inflation calculator proves my point. An item purchased for $1.00 in 1913 (when the Federal Reserve System was created) would cost $22.10 in 2010; a 2000% increase in inflation!

It’s a fact: Skilled advisers are definitely helping families lower their debt-loads and modify their budgets. That said, the “good-debt, bad-debt” conversation remains as conventional truth; leading individuals and families to believe they can tweak their budget and lifestyle here and there to make it through to better days.

Unfortunately, such household gains may not last. Without a working knowledge of money as debt, even the most sincere efforts may falter as a rising cost of living erodes hard-won forward movement. When following conventional financial wisdom, the solution to keeping up and making ends meet could well end up, once again, as participation in the vicious cycle of credit and debt. Who benefits?

More choices with the big picture.

When we add the missing-piece about money to our knowledge-base and decision-making process we also gain additional financial strategies. Those who set out to explore alternatives outside-the-traditional-personal-finance-box tend to develop a new part of their brain.They uncover a world of possibilities (perhaps previously under-valued) along with the thousands of others on the very same mission!

Here are my personal finance action-steps formulated to help individuals and families build a solid financial foundation. Savings and investments are very important but in the 2011 economy they will be most SUSTAINABLE when a solid present-day foundation has been attended to first. You’ll know you have completed the “foundation” step once you have more money coming in to your household than going out for at least four consecutive months!

  1. Write down your short-term, mid-term, and long-term financial goals and put them somewhere to easily refer back to them.
  2. Review your goals (at least) on a weekly basis.
  3. Figure out your exact financial status today. How much money a) comes in and b) goes out each month. Create a line-item and categorized itemization of money in and out. Don’t forget things like eating out and entertainment.
  4. Track your expenses and out-of-pocket spending precisely for at least one month. Save all receipts and record out-of-pocket information daily. Also determine the exact amount of money (or average) that comes in each month.
  5. Do you have more money going out than coming in? If so, exactly how much?
  6. Use your list of current itemized expenses to create an action-plan regarding how and by when you will lower or eliminate line-items that exceed the amount of money currently coming in to your household. This may mean creative downsizing.
  7. Create an action-plan about how and by when you will increase money coming in to your household. As debt becomes reduced or eliminated, this action step becomes the most important one in order to stay ahead of the cost-of-living debt curve for the long-term.
  8. As you focus on ways to increase cash flow, perhaps consider an independent trade or service that people will always need and that best suits you. For example, car mechanics, computer techs, hair stylists, barbers, clean-water suppliers, pet care-givers, delivery-service providers etc.
  9. Make debt-elimination a high-priority; the final goal being to consistently live within your means and pay as you go.
  10. Once credit-card debt is paid off, get rid of all but one credit card because credit access is actually an instant-gratification state-of-mind.
  11. Do NOT keep your one remaining credit card in your wallet. Leave it frozen in a bowel of water in your freezer. This tactic builds time into the otherwise instant-gratification decision-making mindset of a credit card in your wallet.
  12. You might even want to reallocate existing assets towards building your “more money in than going out” household-budget foundation more quickly. Since money (as debt) is worth the most today than it will be tomorrow, it’s best to put it to work today! A stable present situation will increase your well-being. Increased well-being empowers a healthy decision-making process
  13. Use cash first and foremost. Most people will pay more attention to what they spend when it comes straight out of their wallet.
  14. Stop shopping for entertainment. Shop purposefully using coupons, during sales and buy bulk whenever possible. Generally shop recycled including for cars.
  15. Include your children in the how and why of your decision-making process (should you accept this mission)and invite their imitation of your thinking and efforts.
  16. If you have savings and/or investments to preserve, keep some of YOUR money entirely out of the reach of the banking-services industry. They consider their own interests before they consider yours! More and more people are moving their bank capital into hard (tangible) assets.
  17. Specifically per 16 above, consider anything you have in savings, retirement funds or the stock market. (Remember the stock-market 2008 and FYI: The U.S. government is currently floating the idea of nationalizing 401(k)’s and IRA’s given their nearly 14-trillion-dollar deficit. In other words, individuals would lose control over their account and the government instead would ration annuity-type payments.)

Susan Boskey is an alternative financial consultant and author of The Quality Life Plan: 7 Steps to Uncommon Financial Security. Her book goes where no other personal finance book has dared to go. It not only exposes the systemic-root cause of the 2008-09 economic meltdown but perhaps more importantly, provides critical strategies for everyday people to turn the tide and build real wealth.

Five Ways To Handle Your Personal Finances

In order to live one’s life comfortably and well, it is not just necessary to earn enough money, but also have the acumen to deploy it in a manner that it yields good returns. People who are financially sound and successful are those who dedicate most of their time and energy in budgeting, managing and planning their finances on a regular basis. In order to make your money grow, you not just need to have the basic financial education and make a constant effort to enhance it. Here are five tips you can use to handle your money better.

Make a schedule and select a date in your calendar every week to manage and plan you finances.

People often dream of becoming millionaires but they don’t spend the necessary time and energy for planning their budget and finances. Make it compulsory and recurring habit to make at least one day in a week your money date. This time should be spent in figuring out what is happening to the funds you have, whether you can deploy them in better investment avenues in order to maximize your returns, whether you have any upcoming financial commitments. Make sure that you are up to speed when it comes to money matters.

Try to commit at least 30 minutes every day in reading about matters related to money.

Managing your money will not be a tall task if you have enough financial acumen. You may not have a background in finance yourself, but in order to make your money hard for you, you must make the extra effort to educate yourself financially. If you do not have enough knowledge about finances, you ca make a mistake with your investments that can cost you dearly. To avoid such pitfalls, make sure that you spend at least half hour each day, understanding the various aspects of finance. Red books, magazines, look through the internet and watch finance related programmes on television.

Talk to people you admire

Once you feel confident about finance related topics such as spending, saving, credit, debit, investing, retirement strategies, you can also try to consult with people whom you admire. These people may be mentors, entrepreneurs or just those who have found success financially. In fact a great way to do things is by joining many online forums on investments.

Make and test your own financial strategies in life

Ultimately it is all about what works for you. You may read n-number of books and garner advice from people who have achieved financial success, but none of it will work for you if you do not have the wherewithal to chalk out your financial strategies. If you are not feeling confident all at once, start investing small amounts in various places that you think will work best for you. Once you have done so, you have to wait and watch to see the results. If you see that your strategies are working, meaning your money is actually growing because of smart deployment, you can go ahead and allocate more funds in the same avenues. The golden rule of investing is not to put all your eggs in one basket.

Opting for the services a financial advisor

If all of this does not appeal to you and you neither have the time or energy reading about money matters, you can repose your faith in the service of professional financial planners. For a small fee that they will charge you, they will do all the hard work for you to see your money grow. These are people who are cued on to the latest developments in the world of finance, so you can trust them with their decision.

Powerful Tips For Personal Finance

Do you ever stop to wonder where your cash goes each month? Does it often appear as if you can not afford to do things because your monetary requirements are holding you back? If you realize that you are asking these kind of questions, maybe you need to take a quick look at your monetary situation and evaluate whether you are practicing good private finance management or not.

Poor private finance management means you pay out more money than you need to, therefore leaving less to save and invest. Planning your private finances does not always come naturally, and regardless of if you are just starting to take your fiscal matters seriously, you likely need some private finance tips. Personal money management is a habit, a habit that is essential for long term financial success and independence.

Appraise your present monetary situation. Collect correct information regarding your private monetary situation. Work out your net worth which includes the estate, saving and retirement accounts, and all the other assets. This is going to help you decide how much cash you can put aside for meeting future wishes and goals. A basic private finance tip is to make a budget. A private finance budget is info made of your earnings and costs and the more correct this info is, the likelier you are be ready to achieve your goals and realize your dreams. An individual finance budget should be made for at most one year at a time and include an inventory of your monthly costs. All costs must be included.

Private finance budgeting needs some little sacrifices. To be well placed to make good private financial choices and set concerns, you have to know where your cash is basically going. Start your financial position and achieve your goals. Get an electronic bill pay. This is a handy method to pay your debts. You pay them electronically, by direct withdrawal from your deposit account. You may even link your bill pay service to your private finance budget, so that your expenditures are immediately entered in the proper category. Private fiscal management can be easy.

Make an investment and finance plan. Now the elemental state of your private monetary security has been revealed, the time’s come for the more wealthy part of your private fiscal life. You have to make a private finance plan of what you truly want in life that money can buy. Your private finance plan can be as straightforward or as detailed as you would like it to be. Discover how to eventually begin to implement this plan and get the cash to finance it.

This journey is the most engaging and exciting part of private financing you may have toward financial liberty. When you assume control with your cash, you do not have to stress about debt taking command of you. As I mentioned above, money management is a habit, and bad habits can take time to replace with better ones. The key is a plan that you stick to religiously.