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STARTING THE JOURNEY

3x3 STarting The JourneyHere are some tools to help you determine where you are financially. Learn what your credit score is, plan how much money you want place in your savings account and start a budget for all the important things in life.

Getting ready to buy a house? While it is always important to set intentions and visualize your goal, nothing will happen until you take action and get some momentum flowing. I always wanted to play basketball but sleeping with a basketball under my pillow and wearing shorts and a jersey with a number on it, will not make me a player! To play the game, I have to learn the rules, dribble a ball and practice making a basket. These actions will get me much closer to my goal.

Keep that in mind when your goal seems to be “just out of reach.” Implementing proactive plans and following up with the best action will always take you many steps closer toward the prize!

To help you have a healthy relationship with money and to learn new habits, we have placed numerous tools on the Money Nerve website. It is my hope that these tools will help you to determine how you are spending or saving your income and assist you on your financial journey. Please see the tools page on the #MoneyNerve website for more options.

Here are just a few:
Determine your credit score: https://www.creditkarma.com/

Explore how much your monthly payments would be for a house, depending on the money you have to put down on it and the amount of time your loan is scheduled for: http://www.mortgagecalculator.org/

If you want more house than you have money, now might the perfect time to bump up your savings and plan a budget to make your dreams come true: http://www.aarp.org/money/budgeting-saving/home_budget_calculator/

How to create a balance sheet to determine how your assets and liabilities. And as you purchase a house, learn how to determine what your equity is: https://youtu.be/mxsYHiDVNlk

And last, check out this video from Alexa von Tobel, founder and CEO of LearnVest.com. She shares 5 principles to live a debt free life: