One a day for five days

Think about your purpose

If money was no object, how would you spend your time? If you aren’t already doing those things, why aren’t you? Is it a matter of money? Identifying what is really important to you will help you actually get to have/do those things. If you know what you are saving for – the ability to “retire” and spend your time doing whatever you really want to do – it becomes easier to save money. The main reason most people aren’t happy is that they trade what they really want for what they want right now. Figure out what $1,000 dollars saved means for retirement. If you invested 100 dollars for 20 years and earned an average of 6% a year, it would grow to over $3,200 dollars. What could you do with that money?

Next time: Part 4 – Use budgeting software