CASH NOT FLOWING?
ARE YOU OVERWHELMED AND NOT SURE WHERE TO BEGIN?
NOT SURE YOU CAN AFFORD THE HELP YOU NEED?
DO YOU HAVE A SPECIFIC AREA OF CONCERN?
Would you like to be able to?
- Set and achieve financial goals
- Plan long range
- Look at assets and liabilities
- live within your means
- Streamline your bill pay
- Prioritize spending
- Find ways to save
Create a realistic and understandable budget?
- Identify discretionary vs mandatory spending
- Create a contingency fund for emergencies
- Plan for savings/retirement
- Plan for fun/vacation
- Review your budget monthly and adjust when things change
- If it’s better, then more to savings
- Unexpected or higher expense, make adjustment in discretionary
Eliminate credit card or other debt?
- pay more than the minimum
- communicate with creditors and ask for their patience
- pay a good faith amount until you can pay more
- if the debt is over 2 years ask if you can settle for less
- Is there an asset you can sell?
Identify ways to increase income/cash flow/savings?
- Shop insurance for health and auto, raise deductibles
- Get a better phone or TV plan
- Get on a utility budget plan
- Have money automatically go to savings each month
- Ask for a raise or seek a better paying job
- get a part time job
Make wise decisions
- Pray about your financial decisions
- Discuss with others
- Avoid impulse buying
- Decide in advance how much you will spend before you shop
- Make a list of must haves vs wants
- Stick to the plan
- Don’t get discouraged – it takes perseverance
Contact My Concierge LLC and get a complimentary assessment of your situation. Then you may want to move forward with a customized plan to meet your specific need and budget. It’s up to you. 🙂