In today’s video, I want to help you learn to manage your finances well so that you can feel strong and confident, and in control of your life. Constantly feeling financially stressed sucks, so let’s just stop that.

1. Goals- what do you even want- why do you want extra money- what will you do with it etc.
2. Write out your details, include everything so you know where you stand. Include inflows, outflows, debts with interest rates, etc. 
3. Assess what you are working with. Review details from step 2.
4. Make a plan for your money. This probably includes budgeting so you can stick to your plan.
5. Weekly follow-ups for that plan. Review what actually happened and compare that to what you wanted to happen. 

If you have no extra money at the end of the month, then you have to either cut costs, increase income, or a combination of both.

Let’s start with cutting costs. This is important because if you are at the point where you spend everything you make, then making more money will most likely mean you just spend more money.

It’s hard to let go of things that we are used to having, but know that you are making a temporary sacrifice for your long term financial success and happiness.

Increasing income is more of a long term strategy. Look at what you can do to increase the value you bring to your employer or to others. For myself, it was getting additional certifications and designations that over the course of several years got me to the point of making 6 figures.

Prior to that, I had learned to live really cheap, without feeling like I was depriving myself by focusing on spending money where I got the most joy from.