I over spend on………
It is usually the rough days that trip us up financially.
I’m not talking about the days the car breaks down. I am talking about the stressful days at work where every phone call is a problem that you have to fix. The days when the kids won’t listen to anything you say because they are too busy being cranky and fighting with each other over who plays with what toy.
These are the days that drive us to the edge. The days we hit the drive thru because there is no patience left for a home cooked meal.
The days the kids get ice cream not as a reward, but so you can have peace for at least 5 minutes.
It is the little hiccups in life that cause us to overspend in little areas. Theses “little” areas add up in the long run though. When we do this consistently over a long period of time, it takes up the money that we need when the big things come along. Like cars breaking down, and trips to the ER.
Stating that emergencies are going to happen in your life is not being negative. It is being positive. Emergencies are going to happen. It is part of life.
Be prepared. Grandma called it saving for a rainy day. Most financial experts will tell you that having 3-6 months worth of expenses is the first step in a financial plan. In fact, a good investor will turn you away if you don’t have this in place, because they know you are not ready. They know that if you don’t have that reserve, the first time you need money, you will come wreck your retirement because of poor planning.
Building wealth is not something that happens overnight. It requires a conscious plan carried out consistently, over time.
*As always, if you need help putting your plan together, don’t hesitate to contact me for more information.*
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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