In Back to the Future II, Biff discovers the time machine and uses it to his advantage by traveling back in time to place bets on the outcome of sporting events. This alters the future, because now Biff is ridiculously rich. Now obviously we can’t hop in a flying DeLorean that takes us back in time, (or acquire a hover board yet) but at some point or another, we have all wished we would have made a different decision, because the one we did make is catching up to us in a negative way. (If you have never experienced this, please discontinue reading and start your own blog, because we desperately need your advice.)
The truth is the situation you are in today is a direct result of what you did years ago. Good or bad. I am a Financial Coach, so of course I am going to bring this to your finances. I mentioned in my last post that 70% of Americans live pay check to pay check. That means the majority of us are broke. You live in a very marketed to culture that has to have the life portrayed in TV commercials. So you end up making poor choices that tie up your money and your paycheck is sent off to someone who had a better plan for your money than you did. So here you find yourself wishing you could change your past. But I am not here to talk about your past. I am here to talk about your future. And lucky for you, a flying time machine is not required to change it. The average household income in the US is $48,000 per year. That means half a million dollars will pass through your hands in the next 10 years, which is enough to alter your future. What are you going to do with it? I promise you, if you don’t have a plan for it, you will look back and wonder where it went. So have a plan. Set some goals. Don’t spend other people’s (bank, credit card company, mom and dad’s) money, on stuff you don’t need in the first place, to impress people you don’t even know.
I follow the plan that Dave Ramsey teaches – which he adopted from Grandma, because she learned it in the Bible (turns out it has a lot to say about money). The first step in this plan and into a different financial future is to save up some money for emergencies because those are the things that can put your strapped finances into a tail spin. Do this as quickly as you can. Skip the coffee shop for a month. Pack a lunch. Pick up some odd jobs. Sell some things. If you make less than $20,000 a year, your goal is $500. If you make more than $20,000 a year, your goal is $1,000. You should be able to do this in a month or two if you put your mind to it.
As I mentioned in my last post, this is not a get rich quick scheme. This is hard work and discipline. But you can do it. If you have the guts for it, come back next Wednesday for the next part of the plan.
My name is Tim Parady and I am 36 years old. I was born in Connecticut, raised in Virginia, had a brief layover in Kansas which led me to Texas where I met my wife and best friend. We just celebrated 145years of marriage.
I have the best job in the world, which is to improve peoples lives. I teach people how to win in all areas of there money, which affects all areas of their lives.
78% of Americans live paycheck to paycheck, with no money in the bank and little knowledge of how to invest for their retirement. You can have a different future. You can win with money and I can show you how.
I am an independent Dave Ramsey Financial Coach,and Insurance Agent at Alkali Insurance and I am here to serve you. My goal is to provide knowledge and tools to change your life. To schedule an appointment to address your financial needs and goals, email me at firstname.lastname@example.org