Happy New Year, everyone! The hustle and bustle of another holiday season has come to an end, and I need a vacation! Between Christmas and New Years (and Taylor’s birthday too!), it’s a busy time of year. So it’s a relief to welcome 2014 and I can’t wait to see what the year brings.
2014 kicked off with a bang as Holly from Club Thrifty interviewed me for her staff post at Get Rich Slowly on how to get your financial life on track in 2014. This is something so many people want, yet struggle with implementing the necessary changes to make it a reality. As you follow my steps and create your own plan, I encourage you to assess where you feel any resistance to your planned actions. Address your resistance now so when life throws you some curveballs (and it will), you keep moving forward, rather than giving up.
Today I have a great infographic from Turbo Tax. As you know I’m a big fan of budgeting and developing a budget mindset is a key step towards achieving financial freedom. You don’t need to make a complicated budget (a common mistake that leads many to quit budgeting) to reach financial independence. The best budget is the one that you will follow and shows an accurate accounting of money coming in and out. Now you have the freedom to chose how you spend money. These four steps can help you becoming a budgeting pro.
Have a great weekend, everyone!
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My husband didn't understand when I said I needed a vacation after the vacation. The holidays are fun but man they're hectic! Being a dad, he doesn't get it ;).
Congratulations on your interview! I know for one your advice is right on....Holly couldn't have picked a better finance blogger to interview!
The infographic you shared is a real eye opener. I can't believe it would take 300 months to pay off $7K debt...that is scary!
That stop procrastinating is for me! I tend to put off doing my taxes because I itemize but seeing how I'm paying more, I'm going to get on it quick this year :).
And I'm part of the 41%. I know what it's like to not have money so I'm careful with expenses, to my hubby's delight, LOL :).
Interesting stats Shannon, thanks for sharing!