It’s time to pause, take a step back, and reset your feelings and expectations when it comes to dealing with your money. This fundamental shift within you is what will make other important changes possible.
Unexpected expenses happen all the time, but if you have a cushion of savings, these unexpected expenses don’t have to derail you.
If you want to work towards your longer-term financial security, you need to free up funds to do so – but how? One suggestion: participate in the “sharing economy,” now dead simple, thanks to the Internet. By sharing, renting, or bartering, you’ll reduce your expenses and/or earn a little extra income. Before you know it, you may find yourself with extra funds to fatten your savings account or invest in the other building blocks of your financial security.
Getting so caught up in the madness of holiday gift-buying that we lose control of our spending is easy, but not inevitable. This year, if you want to avoid a raging case of post-holiday buyer’s remorse and a pile of credit card debt that you’ll be paying off for months to come, resolve to follow these simple guidelines.