Imagine that you are in a kind of relationship where your mate comes and goes as they please and you don’t track or inquire about where they are going. Sounds a little unimaginable, right? People tend to treat their money the same way. Money goes in and out of their bank accounts like a revolving door, and they do not take out the time to track or research where the money is going. Banking online is an excellent way to track your funds. There are so many tools that allow you to keep track of your expenses. Pie charts, budget calculators, savings, and goal trackers. Don’t be afraid of “the B word.” Treat your money like one of the most important relationships in your life. Budget! Learn to manage what you have. For entrepreneurs separating your business finances from your personal is a start. Download apps that act as a personal assistant, for example www.mint.com they take pride in effortlessly helping you manage your finances in one place and while on the go. Personal budgeting can eliminate stress, grow savings, and accelerate your financial goals.
Top three things you can do to build a better relationship with your money
1. Pay off debt
3. Set up a budget month to month
Download apps like Smartsheet and complete the monthly budget worksheet and stick to it.