Pushed aside by the brutal balancing actThe Fiscal Habits You Need To Start Cultivating Now If You’re Ever Going To Achieve Financial WellnessWhether you’re working your way through college or just plain working, taking the initiative to not only pay for your own way in life but&nb...CreativeAnthology.com of keeping everything else in your day to day in it’s neat and orderly place, it’s easy to let your finances6 Unexpected Things Every Business Woman Needs to Know About Her FinancesWhen you're balancing the twin specters of a career and a social life, the thought of fiscal responsibility and management sounds about as exciting...CreativeAnthology.com fade into the frantic background of your life as just one more tedious task that needs to be managed.
Fiscal woesHow Your Money Problems Might Be Something You Can Actually Blame on Your ParentsFor some people, money management seems to come completely naturally, effortlessly balancing their bank accounts, budgeting like its second nature,...CreativeAnthology.com are one of the most mentally taxing troubles that you can face, and once you’ve got yourself to the point where you’re spending every red centThis is The Real Reason Why You’re So BrokeThere are few feelings worse than the panicked pain of living paycheck to paycheck, and once you feel like you're caught in the stranglehold of cru...CreativeAnthology.com you’re making each month, regaining control of your finances can feel like desperately trying to grab a dangling carrot that’s just out of reach.
When life’s got your bank account balance down and your stress up, what you need to get back on fiscal track is a brand new set of smarter, savvier, more savings-oriented spending habits to fix up your finances.
This is What You Need To Start Doing Now To Get Your Fiscal Sh*t Together
1. Net-Worth – If you have access to the internet, you have no excuse for paying full price for pretty much anything you need to buy.
Couponing may seem like it’s a trick that exists just for the grocery store but if you’re looking to be a little more frugal with your hard earned cash, it’s time to stop missing out and realize that you can get deals on just about anything you could ever want, from a new set of nails to your next trip to the Bahamas.
Don’t just jump into your next purchase, if you’re looking to buy retail, spot what you’re looking for online, and double check with browser plugins like Honey to make sure you’re getting the most bang for your buck.
Even if there aren’t any coupons available, snap up that cash back through E-Bates.
Creative Tip: If you’re looking for something to do rather than something to buy, realize that just because you’re in the market for an experience doesn’t mean you need to experience market pricing. Head on over to Groupon, or Living Social and nick yourself a steal of a deal on whatever floats your boat.
2. Know Your Numbers – If you’ve found yourself lamenting your bare bank account at the end of each month, there’s a good chance that you’re not keeping track of your finances the way that you should be.
Knowing what you make is good, but knowing what you make and what you spend, is even better.
Take a little time to go through your bank statements from the last two months and see what came out of your accounts and what came in, breaking everything down into categories to see where you spent the most, and where you spent the least.
You may come to find that your morning Latte fix or that cable package with 400 channels (4 of which you actually watch) is costing you far more than you thought.
Creative Tip: Grab your financial institution’s app, and make checking your bank account a part of your daily routine. Taking the extra time to go over your financials each day will make you more monetarily mindful, and give you a chance to spot and stop fraud before it snowballs into a catastrophe.
3. A Crystal Ball – None of us can see the future, but not being able to know for certain what’s coming doesn’t make trying to plan out your bankroll in advance a futile effort.
While the best-laid plans of mice and men may go astray occasionally, laying no plan at all is inviting the kind of financial disasters that end with you in a debt-whole that you just can’t escape.
Give the future a little honest consideration, and while it may be more fun to go out for lunch with your squad, or hit the town for a night of fun now, know that the consequences when it comes time to pay your bills are going to be onerous later.
Creative Tip: If you’re having trouble keeping your hands out of the fiscal cookie jar, start keeping your cash separate. Don’t just funnel everything you make into a big bucket to spend, make use of that bone-dry savings account you’ve been ignoring, or for more long-term expenses use an online savings app like Qapital to put your funds safely out of reach.
4. Insta-Gratification– Everyone wants to be that person who fills their friends and foes with Instagram envy.
Here’s the issue though, when you’re looking to save up some serious cash, those expenses could be the reason your accounts are empty while your feed is full.
If you’ve found that after paying the bills each month you’re left with precious little to put towards your financial goals, it might be time to do a little downgrading.
Forgo the late model car you’ve been driving for something with more affordable payments, move to a smaller home in a more affordable neighborhood, and replace that vacation with a local adventure.
All of this may make your life seem less glamorous, but while getting those extra follows and likes on your account might feel good, it’s nothing compared to the feeling of starting your business, going back to school for what you’ve always wanted to do, or moving to your dream neighborhood.
Creative Tip: Social media envy is a very real, and very destructive force that can send you spiraling. Don’t let the feeling of inadequacy dissuade you from making the decisions that you need to ensure your own long-term success and kick life’s a** on your own terms, just for yourself.
PS: If you’ve already got your business up and running, but aren’t seeing the kind of results you once imagined, check out our free, stylishly frank email course Get Your Business Shit Together and start putting your brand back on track.