“S” is for Strategy.
It’s the 4th step in the Money M.O.R.S.E. Code framework.
During your Money time, after you Observe your money and Raise your Financial IQ, then you Strategize
plan based on what you’ve learned.
For instance, let’s say that you’ve learned that you need a 6 month Emergency Fund, but you look and
you only have 3 months set aside
So you’ll need to create a strategy to add an additional 3 months.
Maybe you strategize to do a little each month. Or maybe you strategize to do it in one lump sum with
your next bonus or sell some company stock.
Whatever plan you come up with the next step is the most important – Execute your plan.
And that’s the “E” in the Money M.O.R.S.E. Code, which we’ll end the week with tomorrow.
Hope you’re enjoying your weekend!
