Simplifying Personal Finances

Personal  finances made simple in five steps

There are a few different ways to simplify your personal finances, depending on what you need help with. Here are a few ideas to get you started:

1. Make a budget and stick to it: This can help you keep track of your income and expenses, and make sure you're not spending more than you can afford.
2. Automate your savings: Set up automatic transfers from your checking to your savings account so you're regularly saving money without having to think about it.
3. Use personal finance tools to track every expense: There are many different tools available that can help you manage your money, including apps that track your spending and help you create a budget.
4. Consider cutting out luxuries: If you have multiple charges to debit and credit cards per month,  you may be overspending in luxuries. To save money try looking at your bank and credit card statement to categorize what is a NEED and what is LUXURY. You may be surprised that buying food may be your biggest luxury bill.
5. Talk to a  coach: If you're feeling overwhelmed by your finances, consider talking  to a person like me  who can help you come up with a plan to get your finances on track as I was able to pay-off $116,ooo of debt in 27 months using  a method I learned several years ago and it still works!

         What are your struggles with personal finance?