Are you good at controlling emotional spending? Do you go from month to month wondering where the money in your bank account went or are you experiencing financial stress? Are you prone to “clicking your money” away with online shopping? “We can help!” We have many resources available that can help you set up a budget/personal spending and saving plan. “Parking it in the shopping cart” We are all sometimes guilty of emotional spending and online shopping makes it that much easier to “click our money away”. The practice of “Parking it in the shopping cart” involves us taking a pause before the purchase, putting it the shopping cart, walking away, and asking ourselves: What’s your Life Plan? Budgeting without having specific goals to strive toward, is like running on a treadmill. You are moving but you are not really getting anywhere. Regardless of what you are planning for, you will more easily move forward by setting specific and timely goals. The best version of this is called a “Life Plan”, which is based on your dreams and life aspirations. It helps you create a vision for your short and long-term financial future and incorporates the steps you need to take to accomplish your goals. To learn more about Life Plan creation, please attend one of our Budgeting and Life Plan/financial goal setting Money Talks or work one-on-one with a Peer Coach starting this spring.
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