When I first started Family Friendly Frugality
The main complaint I hear about saving money nowadays is that it is too darn overwhelming to know where to begin. If you have $20,000 in credit card debt, is clipping a few coupons realistically going to make much of an impact to your bottom line? If you are drowning in student loans and house payments, is living within your means even possible?
The answer to all of the above is yes. While the small things you do might not add up to financial freedom, they do make a big difference. Some of them will chip away at your debt or create more wiggle room in a tight budget. Some of them will simply give you more confidence and a self esteem boost, proving to yourself that you can save money!
So I am starting a Make a Change Monday series where I will simply give you one task to work on for the week. You might already be doing it…so you get to skip that week! If not though, try it out and see if it makes a difference! I’ll keep them small manageable changes that don’t require a lot of effort or learning the drugstore game .
This week’s Make A Change Task:
Read something “financial”
Did you know that our education doesn’t end when we throw that cap in the air and walk off that graduation stage? Education is ongoing, but once we’re out of school, life just kind of gets in the way. Sure we learn when our jobs make us or when life throws us a curveball and we need to figure stuff out on the fly. Purposeful education in a non school setting is also important though.
Trust me, I’d rather read a nice beachy novel over a financial text ANYDAY. I’d rather hang out on Facebook then direct my browser to finance.yahoo.com or money.msn.com pretty much without fail. However, money and the economy are not stagnant, evergreen topics. Things are always changing and what you learned in school about money management and the economy might not hold true today. In fact, what holds true today, might not hold true tomorrow!
It’s important to keep yourself up to date and educated on what’s going on in today’s economy. Keeping up with financial current events could be as simple as spending 10 minutes every morning perusing your favorite financial website.
In addition to keeping up with the news of the financial health of the country and the world around you, it’s also important to read about personal finance. If you are currently struggling with debt and financial matters, I highly recommend the following books:
- The Total Money Makeover: A Proven Plan for Financial Fitness
- The Money Class: Learn to Create Your New American Dream
Or any of the other wonderful books out there by popular personal finance authors.
This week, just spend a few minutes reading something financial each day. The daily reminder will help you keep on track with your goals and will help keep you from being careless with your own finances.
Previous Make a Change Monday Tasks.