Finance Fitne$$ GetFitBit – Cash Withdrawals

CASH WITHDRAWALS CAN BE DANGEROUS! When you withdraw cash it isimages-11 much harder to track where your money is going. That is why I try to use my debit or American Express card as much as possible. This makes it easier to track your expenses. Less receipts to shred and less reliance on memory.

by Khari Wilder, Finance Fitne$$ – Founder & Coach
Moulah Monologue – Guset Blogger

Advertisements

Finance Fitne$$ GetFitBit – Small Wins

 

Remember to celebrate the “Small Wins”. Those are always more sustainable than the big wins. Did you pay off any debt this month? Did you spend less on groceries than you planned? Did you have enough money to take a great vacation without using debt? Did your emergency fund increase some?

images-10

Take it one day at a time and many “Small Wins” will eventually create an “Enormous Win”. Take baby steps before running the marathon.

by Khari Wilder, Finance Fitne$$ – Founder & Coach
Moulah Monologue – Guset Blogger

Finance Fitne$$ GetFitBit – Financial Schedule

One thing that images-9makes it difficult to stay on your financial plan is that some months are 4 weeks long and others are 5 weeks long. Instead of using 12 months for your budget, you may want to use 13 “4 week periods” for your budget. That way how much you need each month becomes a little more consistent.

 

by Khari Wilder, Finance Fitne$$ – Founder & Coach
Moulah Monologue – Guset Blogger

Finance Fitne$$ GetFitBit – Moving & Money

Moving to Minneapolis helped me truly think about what is important to me. It showed me that Family, Friends, and Work are very important to me with God and Finances being the two things that traveled through it all.

beautiful-walking-path_277325988

Having God as a rock and Finances as a vehicle is so important in all that we do. God gives us our “true north” in everything, even if you are traveling “south”.  Finances allow you to give generously, take care of your family, and see your friends wherever they reside.

by Khari Wilder, Finance Fitne$$ – Founder & Coach
Moulah Monologue – Guset Blogger

Finance Fitne$$ GetFitBit – Manage Your Resources

 

images-8Even when relocating with a company that pays your relocation fees, it is important to run the finances on your options. We recently went through this exercise to determine whether we wanted to receive a lump sum that we manage or have the company manage it for us. We decided that managing it ourselves is more advantageous for us in the long run. Learning how to manage your finances benefit you in so many ways.

Thought:  Be confident and take charge of your finances.  Do this even when it is allocated money from different sources.  Manage your resources instead of your resources managing you.

by Khari Wilder, Finance Fitne$$ – Founder & Coach
Moulah Monologue – Guset Blogger

Finance Fitne$$ GetFitBit – Monthly Check

It is a good practice to update your assets and liabilities monthly. I images-7just completed our family’s  for this month and it increased by $20K! This is the most it has ever increased in 1 month. Of course it goes up and down, but, MAKE SURE YOU ARE INTENTIONAL ABOUT REVIEWING YOURS MONTHLY!

Question:  How are you looking this month?

by Khari Wilder, Finance Fitne$$ – Founder & Coach
Moulah Monologue – Guset Blogger

Finance Fitne$$ GetFitBit – Gifts

 

images-6

Something to think about – If you require gifts on your Birthday or Christmas, is it really a gift the person is giving you or an OBLIGATION. A GIFT should be something the person wants to give you because they love you not because you expect it. STOP THE PEER PRESSURE!!   It is causing us to be broke.  And also give the gift you can afford.

Thoughts:  Be love and give love.

by Khari Wilder, Finance Fitne$$ – Founder & Coach
Moulah Monologue – Guset Blogger