Taking charge of your Finances!

There is such an importance in your own life to be Financially Literate!

What does this mean you may ask?

----To be able to better understand your own finances and the Financial world that we ultimately live in! (Whether we like it or believe it or not, most decisions we make have to do with money, and involve your pocketbook or someone else's)

To be literate financially is almost like being literate in order to read. Which of course we learn in school, but we do not learn hardly anything about finances in school. Being Financially literate is almost like being able to read between the lines and see the truth of what is really going on and what this "new and different" money world is all about!

So today I want to Give a little 2 cents, maybe a nickel of advice on finances.

It’s important for all of us to really pay attention to our finances and take a real good look at them.

Because in case you didn’t know, we live in a consumerist world! What does that mean? AKA: Spend spend spend, oh then think about MAYBE saving.

Start with just assessing:

How much am I making, How much am I spending?

-It doesn’t matter how much you make if you spend it all!

It is crucially important for all of us to take personal responsibility for our own finances and take action to become financially educated!

We really don’t learn much about this in school as I stated, so that makes it even more important to seek it out and learn on our own and/or from a trusted adviser.

• Like I said start by simply keeping track of how much you make each month and how much you spend. But write it down and record it.

From here you can analyze it and figure out what is good and what potentially needs to be cut back on.

If you’re constantly out of money before your next pay day… some changes need to be made. This is the start to do so! Being consciously aware and alert that something needs to change is the first step.

• From here if you don’t have one already you need to create a budget (a monthly plan) on what you’re going to spend and what you’re going to save. More on this next post!

Enjoy your weekend everyone! Remember to be present and enjoy those around you! Live, laugh and love!

And don’t go blowing all your hard earned money this weekend either!

#Finances#FinancialLiteracy#TakeCharge