Did you take the challenge? Where is your money going? Remember the goal at this point isn’t to get ammunition for beating yourself up, it’s just to know how you’re currently putting your dollars to work. Are you cool with it? Do you wish you had more money for (What?)?
On the flip side – do you wish you had more time for (what? – friends? Hobbies?)?
If you haven’t taken this challenge yet, what’s holding you back? The first step to financial happiness is knowledge. Knowledge is POWER! When you have power, you can gain control. When you gain control, you can put things in balance -tweak a thing here, tweak a thing there until, at least for the moment, things are how you like them.
The two biggest problems you’ll ever need to solve are being in control of your time and being in control of your money. Thankfully, the entire universe is in the same boat. To get things started, a great tool for tracking your money is Mint.com, it’s free and owned by Intuit – the company behind TurboTax and Quicken. Use it all the time.
Time tracking is a little trickier, but there are countless apps out there to limit your FB time wasting, etc. I use a simple timer on my phone, but there are lots of sophisticated ones out there. What do you use? Leave a comment and let me know!