21 Days. 7 Steps Forward. One Major Impact on Your Future.
Are your finances a little messy? Are you uncertain about how you’ll pay your bills or get out of debt? I know how stressful that can be. But I also know there are things you can do to create more certainty in the area of your finances:
- Do everything you can to eliminate your smallest debts first. Return, relinquish or sell expensive items you financed that you no longer use (like sports equipment, time shares, or that vintage motorcycle).
- As quickly as possible, put together an emergency fund for circumstances you would normally have to go into debt to pay for. Start small by saving just $3,000.
- Lower expenses and do side hustles to create extra cash every month. Then use that extra money: 45% toward debt elimination, 45% toward investments, and 10% for having fun.
- Regardless of your age, start investing consistently towards retirement. Living modestly to free up cash to invest is easy when you have a goal.
- Get your estate plan in order. The past two years should motivate anyone to complete their will, trust or other documents if the worst should happen. It’s just what smart people do.
These ideas are straight out of the Oola Coaching Program based on the work of personal-development experts Dr. Dave Braun and Dr. Troy Amdahl—bestselling authors of Oola: Find Balance in an Unbalanced World. I’ve joined forces with the Oola Guys to coach you through creating balance in 7 key areas (including your finances) so you can pursue your dream lifestyle and lower your stress.
Email me and we can jump on a 30-minute discovery call to talk about your goals and a game plan.