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In fact, you might not be totally sure where you stand with your finances right now.
If this is the case, dont panic.
Many people setfinancial goals, veer off course often many times and get back on track.
After your money date, do a dance to celebrate your upcoming financial success, she said.
Check your B.A.N.K., James said.
She described this as a simple framework with questions to ask yourself before making a purchase.
B is for bring, she said.
What does this decision bring to you?
Youre Making Impulsive Buys
Spending money without fully thinking the purchase through can get expensive fast.
If youre in the habit of making impulsive buys, its time to change course.
If youre not taking your budget into account, youre setting yourself up to fail.
There are plenty of ways to curb impulse buying.
Using it to survive is not.
He said you need a reset if you cant survive without credit.
If youve accumulated credit card debt, youre not alone.
The best way to go about paying off credit card debt is different for everyone.
You Dont Have an Emergency Fund
Life can be unpredictable.
If you dont, its time to start saving.
Saving enough money to coverthree to six monthsof living expenses might feel unattainable.
But you’re free to get on the right track right now by starting in small increments.
Putting aside even $50 or $100 per month will add up.
Plus, if you deposit the money in an interest-bearing account, youll get to your goal even faster.
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