Your Guide to Facing Financial Reality

In 2008, I was affected by the real estate crash. I learned many lessons about personal and business finance. I was grossly uneducated and immature. I paid for it with my possessions, my ego, my businesses, my credit score, and my confidence for a while. This is the motivation for my continued drive to always be learning about money and finances.

Nevertheless my education started when I finally accepted I was no longer a victim. My choices and lack of education were contributing factors to the situation I was in at the time. The amazing part of being responsible is you become empowered. You can turn it around and be better for it. 

The second step is getting it all out there. This is the part a lot of people have a hard time with…facing the music. 

Step 1: Get all your recurring bills in a list on paper or with the mailed copies in a pile. 

Step 2: Get a 30 day calendar. This could be a planner online, your phone, a piece of paper you draw on.

Step 3:Record on the due date of each bill the name of the expense and the least payment

Step 4: What is the total? Record it.

Step 5: Take a deep breath and walk away and sleep on it. 

Come back tomorrow and I’ll tell you the next steps. 

Leave me a like or a comment if this is helpful and I should continue.