Four Weeks Towards A Better Bag

Today marks the 100 day of the year which means it’s time to re-evaluate how your year is going. More importantly, shall I ask how is your bag is rolling?

If it’s anything like mine, my bag has been running, dragging and annoying the sh*t out of me. With that being said I’m starting over!

Media: GIPHY

Here’s play by play on how I intend to get it done.

April marks financial literacy month meaning it’s time to get back on track! This week I intend to write out my financial goals for the rest of the year. I need to sit down and be honest with what were my past financial goals? Where did I go wrong or right? What are my current personal finance goals? How I can save weekly towards it etc. etc.  Although the first week of financial literacy month is behind us, it doesn’t mean these steps have to be postponed, these steps were curated for you to start any time. Here are four steps you can take in four weeks to work towards a better bag.

Week 1: Write out your financial and money goals. 

Find out your spending temptation. What causes you to spend impulsively vs. saving?

Week 2:  Develop alternatives to curve your impulsive spending. 

The next month is fastly approaching and hopefully so will the Spring weather. Who doesn’t want to pop out for the one time?

However, since we’re being rational it’s important to yield not to temptation. How do you do that?  For starters, if you feel tempted to shop you can develop a wishlist for the sites where you are tempted to hit the checkout button. In developing a wishlist after leaving the items there for a while you will realize dammmmn, I really don’t want you in my closet anymore. Currrrrrrrrrrrrrrrve the spend so your pockets can win!

Week 3: Rework your budget.

I learned a budget does not consistently work month to month especially if your income and plans for the month change. Great budgeting consists of consistently reworking your budget and tracking your spending habits.

Week 4: Fund your money goals.

Now that you have reworked your budget it’s time you start putting aside money for your money goals. Remember, being realistic and idealistic is key. You must be able to set up a goal you can actually obtain. For example, wanting to save $2,000 when you only have $2,000 may not be a realistic goal. However, saving $500 in increments of 4 or $200 in increments of 8 can help you reach your end goal.

Working towards a better bag or keeping more of your bag is the goal in mind.  Do you agree? If so, your week starts now. I’ll be checking in soon to share my results with you and to see how great your outcomes will be.