What does that mean exactly? Well it means that I have more than enough money to do what I want, with whom I want, wherever I want, whenever I want.
It means I have savings, I have enough to pay all my bills and then some and I am in the black (more cash on hand than credit debt).
Ideal 1: Wipe out all credit card debt.
Ideal 2: Look at my money daily. Yes, I avoid doing this because I am afraid of seeing how dire the situation is. But just like in Confessions of a Shopaholic by Sophie Kinsella, this move only makes for internal craziness.
Ideal 3: Follow some good advice. Stop making my own steps. Clearly something is wrong on my end. Let me find someone who has some good steps and try to follow their program.
Found one! Jason Unger has written a fantastic e-book Automatic Finances that is freely available. The book promises financial freedom in 2.5 weeks. According to Jason getting a handle on your accounts is the biggest step towards my reaching my financial goals.
This week I must Organize My Financial Information.
Step 1: Gather all the information I can about the accounts I have and their balances and how often they are used
- Savings (balance: good, used: weekly)
- Checking (balance: good, used: bi-weekly)
- Credit Card 1st (balance: – -ve, used: monthly) 2nd (balance: – – -ve, used: daily)
- 401(k) (balance: good, used: weekly)
- Store credit cards (balance: 0, used: yearly)
Step 2: Close inactive accounts. Ok, done.
Step 3:Master your checking account. Ok, I can do this.
Step 4: Enroll in Online banking. Hmmmm
Step 5: Storing your Usernames and Passes. Never ever discuss your personal information with anyone, or emailed. Ok, sounds like wise advice.
Step 6: Security.
Ok, folks. I think I have a handle on this weeks tasks to be financially organized. Next time we shall deal with financially aggregating – whatever that may be.
Written by Leanne Naidoo