Exercising and eating healthy top the Resolutions List every year.
(If you need proof, just walk into a gym over the next 6 weeks.)
But right behind health-related resolutions are financial resolutions.
Those are always some combination of getting your house in order, spending less, and saving more.
So let me share the #1 financial hack I’ve discovered to help you keep your financial resolutions…
…it’s so simple, you’re going to roll your eyes…
…but if it’s easy to do you’ll set yourself up for success because you’ll stick with it…
…and speaking from experience, the most “financially sturdy” people we work with already do this…
…Observe Your Money.
It follows the Peter Drucker principle of “That which gets measured, improves.”
You can accomplish this in just 4 steps and less than 5 minutes a month once it’s set up.
Step 1: Sign up for your favorite account aggregator website – mint.com, YNAB.com, Financial Zen
Step 2: Add all of your financial logins
Step 3: For each month, record your:
– Take-home pay
– Total Expenses
Step 4: If you had a surplus last month, transfer that amount into your savings.
To make it super easy, I’ve built a simple tool for you to use.
You can download it here.
(FZ Members – we’ll add this to your Financial Zen Workbook for you!)
Clarity breeds success.
Starting simple at 30,000 feet by measuring your take-home, spending and savings will set you up for success in 2023.
