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The Money Nerve College Scholarship Opportunity

The Money Nerve College Scholarship Opportunity

Money Nerve College Scholarship

Bob Wheeler, Author of The Money Nerve: Navigating the Emotions of Money, and founder of RWW CPA, is proud to offer a $500 Money Nerve College Scholarship opportunity to students majoring in Accounting. I am a proud alumni of Rhodes College, located in Memphis, TN. Although I cobbled together a variety of financial scholarships and financial aid, I loved my education experience, and have a successful career today, despite being very aware of money!

One of the core values of The Money Nerve and RWW CPA is that financial education and good money habits start at home. This Money Nerve College Scholarship opportunity is for students who are majoring in Accounting. Some of you may wish to serve your community in the future as a CPA.

Submissions will be accepted starting January 30th of each year with a winner announced August 1st.

The Money Nerve Scholarship

Being smart is no guarantee that you’ll reach your financial goals in life. In fact, many people with graduate degrees feel like they never received the financial education they needed. as a result, lots of people struggle with their money, often living “month-to-month,” because they weren’t taught to manage their money.

Good financial habits start at home, and I want to reward you and promote your family for making money management a priority. Your essay can assist you to pay for college classes or help with your expenses. As a result of your essay, you will teach Money Nerve readers and followers smarter ways to budget, invest, save and make money. I am happy to offer this Money Nerve college scholarship, and want to help with of the cost of completing college.

Check out the articles on The Money Nerve blog. Share your own financial story. My financial habits are influenced by my family, my emotional reactions to money decisions, and more than 25-years of listening to clients. As a matter of fact, many of my clients share common challenges with their money, no matter what their income is!

My passion for assisting others focuses on three concepts. First: exploring “why” people make the same financial decisions repeatedly. Second: examining “where” positive change can be made. Third: learning to set intentions – creating a “healthy relationship” with money.

This fresh perspective generates a life of proactive abundance. And anyone striving to be a CPA soon learns that the job is more than just numbers. It takes a mixture of savvy financial knowledge paired with compassion to provide assistance for people to manage their finances more efficiently.

How to Apply for The Money Nerve College Scholarship

Applicants must submit an essay (minimum 500 words- no more than 1,000 words). Share what your parents/family taught you about personal finance, and how that benefitted your life. Topics can include: budgeting, paying bills, balancing your bank statement, how to start investing, saving for big goals, making money or other financial skills that you learned. These practical tips will also help you to be a successful CPA.

• Essays must be original and not submitted to other websites.
• Applicants must be either currently enrolled in or actively applying to an undergraduate business program with a declared major in Accounting. Students at both community colleges and four-year institutions are encouraged to apply. One application per student.
• Essays can be submitted beginning January 29, 2018, and must be in my inbox by May 1st, 2018. (Word document format-not PDF)
• Mail applications to bob@themoneynerve.com, and include name, address and phone number. Please be sure to place “Scholarship” in the email subject line.
• Each applicant must state the school the student is attending or registered for, and current college level, (freshman, sophomore, junior, senior or graduate student).

The Money Nerve College Scholarship Winner

Essays to be featured February – June 2018, on The Money Nerve blog. This is a great way highlight and teach financial education to young adults. The Money Nerve College scholarship winner will be selected on Friday, July 20th, and posted on Wednesday, August 1st. Winning is determined by which submitted essay receives the most social media “buzz” – generating the most social media shares.

Best of luck and I look forward to hearing what money lessons and tips have made a difference in your life!

~Bob Wheeler

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2018 It’s The New Year Again!

The Money Nerve
A New Year Again

It’s the new year again!

It’s a new year again! And, that’s a good thing. You have the opportunity to make a fresh start and make adjustments to create a better life.

January Resolutions

This January, the media will be overflowing with a barrage of top ten lists, resolutions and blogs to show you how to be wealthier, healthier and “be perfect” … and it’s only $19.99, (with a set of knives!) Resist the temptation to overthink your goals.

You can’t do everything – all at the same time. You may not check off all the boxes this year, but you can make a difference!

Decide What is Most Important to You

Whoa! Slow down and decide what is most important to you. Not what the TV pundits, the radio talk-show hosts or the Internet marketing pros tell you, but what YOU genuinely want to see in your life. Make it the best new year ever! You alone can take steps to change. New actions that will bring about new and fresh results. Once you determine personal goals, don’t be swayed by others. Don’t compare yourself or get dragged down because it appears that everyone is doing better than you. President Theodore Roosevelt stated, “Comparison is the thief of joy.”

Choose Your Reality

Commit to choose your reality with thoughtful intentions and proactive activities. Begin by creating a space of goodwill and generosity toward yourself. No blame – Just realize that shifting some of your priorities will take a different energy. Wouldn’t it be nice to have a positive cash flow? Start looking for the destination you’d like to reach via your mental map.

It’s a New Year, Know Where You Are

The first step before beginning a journey is to know where you are. Take a notebook and jot down your schedule for the day or the whole week. Find time to set aside 15-30 minutes each day for personal time. Use this time to think, plan, and dream of where you want to be in 1 year, five years and even a decade from now. Once you know where you want to be as well as where you are beginning from, you can explore and build an action plan to get you there.

Support Your Intentions with Action

With an action plan, you can set intentions to hit your goal. As we all know, life has many bumps in the road, and things beyond our control can often cause detours or bring us to a complete stop. By having a plan for the new year, you can reroute and make changes to continue toward what’s meaningful with your life. Therefore your life doesn’t fall apart, and you create flexibility to expand your options. You are on the road to Proactive Abundance! Congrats.

If you would like for me to come speak and inspire others at your club, church or community outreach center, click HERE

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Build A Road To Financial Freedom

Road to Financial Freedom

Build A Road To Financial Freedom

Wish you were living on Easy Street, USA, with an incredible amount of money just earning interest? Here are some simple steps for you to build a road to financial freedom. Many of us long for enough money to pay the bills and then some! Unfortunately, a majority of us have more month than money and feel helpless when trying to manage our bills.

Embrace Your Story

To arrive at a new destination, you need to determine where you are today. No guilt, no accusations or remorse – just figure out where you are financially and use that as the basis for a new direction. Decide to make adjustments, making new or different choices that will empower you.

Set Simple Goals

Explore what things are most important to you. Use that information to begin building your road to financial success. Taking time to set priorities gives you the power to make smarter decisions with your money. If laziness, bad habits or emotional reactions currently drive your budget, you will be amazed how quickly proactive choices can boost your bank account!

Be Accountable

Write down your financial goals and give yourself a deadline. There are many paths to achieve your desires, and by mapping out a plan, you give yourself a higher percentage of hitting your target. When you know what bad habits or destructive emotions have sabotaged your efforts before – you can choose to try an alternate course of action. One of the benefits of having written goals is that they help you stay the course over time. This accountability is a key component for creating financial freedom.

Change Your Mindset

Using positive and powerful words to impact your actions. Stop telling yourself that you just can’t do it or that it’s too hard. Create new mental pathways with positive intentions such as, “I want to save money with each paycheck to purchase a home (car, vacation, etc.) and apply one action to that wish. You can set up an automatic deduction that routes $25 to your savings account.

Small Steps = Big Change

Making one little decision each day that leads you closer to one of your primary goals will reap enormous benefits over the course of one year! Saving $25 a week will earn you more than $1,000 within the year. And that will grow to $6,500 in just five years. One tiny step practiced consistently, can create lasting effects in your life. Check out the first chapter of The Money Nerve book ~ Make time to make a change TODAY!

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It’s Your Dream, Ask For It

Intentional Life with The Money Nerve

IT’S YOUR DREAM, ASK FOR IT

Adding a Deadline to a Dream Creates Goals

Remember as you dream that it’s your life and your goals. Dreams have the power to become goals, and effectively change a vision into reality. Remember your vision is not your mother’s list, society’s list or your child’s list. If buying something for others or driving an expensive car is at the top of your list, try to examine why. Are you making choices based on guilt or insecurity? Or is this goal motivated byaa deeply ingrained dream that you want to accomplish? If you’re not sure, ask yourself if this choice is a result of your emotionally reactive Money Nerve and explore your intentions.

Prioritizing Your Needs

Think of what’s most important to you. What do you want and why do you want it? Once you move away from the negative emotions that pinch your Money Nerve and head toward a more giving and empowering motivation, you may find that money will become a means to an end. I am not sure whether I have ever been passionate about crunching numbers; however, I am passionate about helping other people. I assist people to manage their money effectively by being the best accountant I can be, which is also financially rewarding.

Follow Your Heart

Pursuing your passion and following your dream often results in financial rewards, especially when you set thoughtful goals. When people can achieve financial stability, I love to celebrate their success. Are you ready to celebrate your success?

ASK FOR IT

You should ask for the things you want every day. Asking for help puts you in a state of mind that helps you recognize you are not alone and there is something greater than you at work. It also lets others know what is important to you. Putting yourself in that mental state allows you to be humble enough to become aware of a larger reality, and to accept help with an open heart.

Creating Small Daily Habits

Whether you get to that state by praying daily or by being inspired by Napoleon Hill’s book, Think and Grow Rich, you unleash the power of your mind. One habit – opening yourself up to reflection or meditation, allows you to create quiet space every day. This practice results in a better alignment of your thoughts and your actions

Positive Energy

You never know how you’re affecting people with the choices you make. Money is no different. You may not be able to control when or how your money decisions are perceived, used or squandered or even paid back, but you can control what you do! Somewhere in the universe, there is a karmic piggy bank with your name on it.

MAKE A PLAN

Now that you know more about yourself and can identify your Money Nerve, it’s time to create clear monetary objectives.  For more positive results when planning a lifestyle change, be sure to include short-term, mid-range, and long-term financial goals. Success with smaller steps or achieving a short-range goal will boost your confidence and make the bigger steps easier to accomplish. Keep your dreams in mind as you move forward with purpose.

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Easy Hacks For A New Financial Habit

The Money Nerve

Easy Hacks For A New Financial Habit

Today is the best day for starting a new habit. Try these easy hacks for a new financial habit. You may have decided that it is time to do “things” differently, but the thought of making lots of significant changes at the same time can be overwhelming. Let’s break it down to make it easier to stick with a new mindset.

Keep It Simple

Let’s say you have decided to start an emergency fund and your long-term goal is to save three months of salary. When thinking about such a big hairy goal, it would be so easy to admit defeat before you ever started. So, take $50 and open that savings account. Tell all your friends that you are working on saving more money. When you talk about your goals, you plant the idea more firmly in your head.

Now automate a small amount of money, how about $25, to be directed into this new account with every paycheck. You will be surprised at how quickly your account will grow, and how little you miss that small amount you may have been spending on “junk.”

Starting with small steps makes a change of financial habits easier.
One glass of water a day. One extra vegetable. Three pushups. One sentence of writing a day. Two minutes of meditation. Voila! You now have a habit that lasts.

Keep Your Focus Positive

We all know a friend or colleague that seems to be “practically perfect!” They work out every day, eat healthy, volunteer at the local shelter and blog about their good deeds. It’s easy to compare yourself to others and begin to tear apart all the good work YOU are doing.

Keep your positive attitude; you are making one small step toward a more positive outcome.
Only you can make a personal change. When seeds of doubt begin to grow, you need to squash those negative voices that pop into your head; demanding you to quit, taunting you with past failures or demoralizing you with doubt and fear. Shove those thoughts into a box and mentally throw the box out! Embrace your new habit and nurture your small wins.

Keep It Real

Every week or two, hold yourself accountable and move forward a few steps. If you didn’t do as well as you wanted, jot that down and try again with a slightly different approach. Did you spend your “emergency fund” money on a movie and popcorn? Next week, add fifty percent more, you will still be ahead.

Did a great job of saving each paycheck for the past month? Tell yourself what an awesome job you are doing. Acknowledge your good work, reward yourself, and enjoy the success. Share your success with others, it may motivate them to start a new habit too. It often takes less time to create one simple habit than it does to make excuses for your inability to change.

For insight and motivational tips to create a healthy relationship with your money, AND for easy hacks to develop a new financial habit – sign up for the monthly Money Nerve newsletter.

You can do anything for one month!

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Power Up for Positive Change

positive changePower Up for Positive Change!

Training Your Brain for a Successful Mental Shift

Each day, we are given a gift of time. You know that you have 24 hours in a day, so let’s break that down into minutes. There are 1,440 minutes each day to work, play, make a difference in your life and be the person you secretly want to be. You have ample time to power up for positive change!

In fact, it takes about the same amount of time to make an excuse for why you aren’t living the life you desire – as it does to make small positive actions that will become live-changing.

One of the best ways to begin making a mental shift is to quit fighting the old you; those emotionally charged childhood memories, unhealthy habits or self-sabotaging actions don’t serve you well. Divert your attention toward building the newer version of you; Begin to focus on WHERE you want to be and how you WANT to behave. Start right this minute.

Action changes things! Many times people find a new action creates a ripple in a different direction or portion of their life. Ride the energy toward positive change. You can train your mind to be more fit with daily decisions that will directly impact the result you want to achieve. Your goals will define your actions. Write down one goal to get started on the new you.

Here are three tools for creating a healthy mindset and mental attitude:

1) Be Grateful

Look for reasons to be grateful. Take time on a daily or weekly basis to write down why these events, people or experiences fulfilled you and made you thankful. The physical process of writing down your thoughts creates a real change in your brain.

2) Be Mindful

In essence, being mindful is to find or maintain a non-judgmental sense of attention to the present moment. Instead of becoming angry, emulating other’s negative energy or turning inward and focusing on emotions that can consume you, stop! Observe, be “in the moment” and explore all the details around you without relapsing into old habits or reliving emotional drama. When you dredge up old memories, the situation now becomes “all about you.”
Stephen Covey shared a moving story about a dad and his rowdy children on an NYC subway in his book, The Seven Habits of Highly Effective People. It is a fabulous insight into the effects of being mindful – which often results in a paradigm shift.

3) Fake it until you Become It

You can embark on a new adventure or career choice before you have achieved your vision of ultimate perfection. Don’t wait to lose ten pounds to attend a class reunion or feel you must have $500 in the bank before you look for a new job. Began to act the way you dream of being. As you make those subtle changes and actions each day, over time, you can become the person that you were dreaming of being. Just as Popeye boosted his power with spinach to be strong, you can power up for positive change and achieve your vision with intentional choices. Think about this famous Winston Churchill quote, “Continuous effort, not strength or intelligence, is the key to unlocking our potential.” Aim High! You might just make it!

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Ready To Invest: Start Today

Ready to Invest- The Money Nerve

Ready to Invest: Start Today

Before you start diving into investments,

let’s look a few ways to be smart with your money.

What is investing? Investing is actually pretty simple; you are essentially putting your money to work for you so that you don’t have to take a second job or work overtime hours to increase your earning potential. There are many different ways to make an investment, such as stocks, bonds, mutual funds or real estate, and they don’t always require a large sum of money to start.

Learn the terminology of investing

Many of the larger investment companies provide a wealth of content to teach beginners the language of investing and share information about the multiple businesses you can invest in, and the various methods to build your nest egg. TIME=MONEY Therefore, the earlier you begin saving and investing, the higher returns you will see compared investing the same amount of money 20 years later. Money creates money and your lump sum will increase exponentially – if you nurture it and let it grow over time. It is tempting to skim the profit off the initial investment, but you will significantly reduce your total gains with that choice.

I was given some sound advice when I was younger, “Don’t invest money that you can’t afford to lose.” Anytime you put your money where outside influences can create an environment where massive gains can be made; you must also be aware that it can result in substantial losses. More volatility can create huge wins, and that “lucky break syndrome” is addictive to many of us. Hence the warning: this is “extra money” that you want to grow without putting your current lifestyle in jeopardy. If a stock loss means you can’t pay your bills, you need to adjust your investment strategy!

Be smart, do some homework. I like to advise people ready to invest in the stock market to select high-value blue-chip companies that pay dividends. Invest in value and don’t treat it as a quick sale. It is a stable place to park your money, and over time the value will continue to grow, building your wealth.

Many Paths to Reach Your Goal

Another option for entering the stock market is to purchase Exchange Traded Funds, also called EFTs. Investing in EFTs is similar to buying stocks, but you are placing your money into funds that track indexes like the NASDAQ-100 Index, S&P 500, Dow Jones, etc. By purchasing a fund that has many stocks in a particular index, you are not trying to “beat the market” you are taking advantage of being “in the market” with a broader range of stocks being traded for a more consistent result. One of the benefits of ETFs is having the broad array of a diversified portfolio with the ease of buying and selling a single stock. You don’t have to wait for the market to close to make changes. As you get more savvy in following the market or electing to make bolder choices, you can purchase ETF shares on margin, short sell shares, or hold for the long term. You can make trades in the stock market as an individual or you can use a stockbroker; each has advantages and disadvantages; just explore your options.

If the stock market is too much of a gamble or too virtual for your budget, then real estate is another option for investing. It is a fact that the world’s population continues to increase, but there will never be more land. You can begin by investing in land or property. If you live in an area that is having significant growth, look for some land nearby that will grow in value as the area expands.

Building Your Tangible Assets

A rental house might be a solid choice; many people do not have the money to buy a home and need to rent. For this reason, owning property can be another option for investing in a tangible asset. If you have saved a substantial amount of money, pay cash for the house, and the monthly rent will pay for the real estate over time. Or when you are ready to invest, place a down payment on a small home and collect a rent that is higher than the mortgage.

Owning smaller property builds your equity without sizable risk because you own the property, make a small amount of profit each month, and can sell this asset if needed. Be sure to open a savings account to cover any expenses such as new appliances or repairs. It is best to keep the cash flow from real estate separate from your personal cash flow. Separate accounts make it easier to track the money flow and calculate the real return (ROI) on your money. As the the property is paid off, you can continue to receive residual income or purchase another piece of property.

Begin With A Simple Plan

There are so many options to build your wealth and these are just a few choices to ponder, once you decide you are ready to invest. Think about your ultimate goal, what you want the money to provide for you and when you might need to use your money, as you grow older. Seek out the good advice of successful financiers. One of my favorites, a brilliant investor is Warren Buffet, and he famously shares his motto, “Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.”

Explore. Experience. Achieve.

*This post was also published on http://www.mystrategicdollar.com/. It is always a pleasure to work with people who want to help others gain more traction in their journey to create financial freedom. If you are looking for ways to manage your money more effectively, check out my “tools” page and be sure to read Lance’s blogposts at the link above.

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Finding Personal Success

Finding Personal Success

Finding Personal Success

Thirty years ago, success was defined as working at one company for a lifetime and being a loyal worker. Today, finding personal success can be found in many ways. Increase your personal viability by searching for opportunities that give you the power to grow. Build your success within an existing organization or seeking new ventures beyond a routine 9-5 job. Additionally, increasing  your skill level often results in an exciting job in an emerging field. Don’t sell yourself short.

As you review any negative inner dialogue, toss away outdated opinions or self defeating ideas that no longer work for you. This helps you redefine up your concept of success. Now it’s time to plan the next steps you need to fulfill your goals. Be positive in order to set yourself up as a winner.  Map out your strategic plan with small bite-sized goals that are fairly easy to achieve. The first thing to remember in your quest to find personal success is to be prepared – there will probably be bumps along the way, along with some frustrating moments. However, you can move past these challenges by being prepared, flexible and learning to maneuver more effectively.

Take a moment to assess your talents, time and budget.

If you are unsure, you can turn around feelings of insecurity:

• Evaluate your social circle
• Surround yourself with like-minded people who support you
• Budget truthfully to know your current financial position

An honest assessment regarding your current situation results in a more successful result.

Every past decision brought you exactly where you are today.

This is where you wanted to be! Every decision you have made led you to this place. Do you like where you are? Does it fulfill the “dream life” you envisioned? If this place in life shocks you, don’t despair, because today is the opportunity to make a change. As a matter of fact, now is the best time to formulate a fresh plan.

This is my favorite part of the equation because this is where you make some Money Magic appear. How do you make this happen? It is totally up to you. YOU control the numbers. YOU define how and where you want to spend your money. YOU set intentions and YOU take action. Therefore, don’t let the media, advertisers, family or friends tell you what YOU want. Take a stand and invest in YOU! I would like to point out that stating what is most important in your life results in a personal and financial roadmap that delivers a genuine outcome.

Reaffirm strategic goals

“I am passionate about ________ and my goal is to someday _________!”

As a result of stating what is meaningful, consistent actions every day result in completing many small goals. Finding your personal success is enhanced by achieving goals consistently. Winning begets winning, and this mental strength becomes a tool for you to build a meaningful, prosperous life – even when detours pop up along the way!

Charting Your Course

Now you are charting your own course with thoughtful intention. As you know, budgets ebb and flow, but continue to invest in your long-term plans. The benefit of planting seeds of intentional, conscious choice are evident when you finally purchase your first home or take that coveted “over the top” European vacation. Living an abundant life becomes a way of life, not just a one-time destination. In fact, now is the time to harvest the rewards!

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Setting Your Financial Mindset, Five Ideas for Drastic Change

The Money nerve

Setting Your Financial Mindset

Money is a part of our lives, we all plan how to spend it, and we all plan to save it!

Today, we look at some fiscal challenges and offer tools for setting your financial mindset. Emotions and old habits can rule your decisions about money. Here are some challenges people have in managing their money and a few suggestions for shifting toward a new “money” mindset.

See if these issues sound familiar:

1. I Don’t Have Enough Money

2. I Will Never Get Ahead

3. I Don’t Plan; The World Will Bring Me Good Fortune

4. It’s Not My Fault; Nobody Taught Me

5. I Don’t Have Time to Budget

It is easy to drift on an endless journey when you have no plan, goal or destination. When you are ambiguous about the direction you want to go, cruising on autopilot will never result in the “real-life” successes you dream about.

Five ideas for making drastic change and setting your financial mindset:

Enough Money

Before you can determine whether or not you have enough money, you will need to know how much money you make. Many people will use their full salary to plan their expenses, but forget to consider taxes and social security deductions. Under-estimate the money coming in and over-estimate your spending.

Never Get Ahead

Focus on positive choices each month, and eliminate the resignation and depression that come from reacting to financial headaches. Choose how you want to delegate your dollars. Change the way you view money by thinking of money as a choice, not a dictator, in life. If you have $100, you have the power to delegate a third for saving, a third for eating lunch out 2 or 3 times and a third for bills.

The World Will Bring Me Good Fortune

Well, I am a firm believer in sending out positive vibes and seeing that energy coming back my way. However, I also know that when I have an action plan to support that attitude, I am more successful. It is no suprise that the people who plan their days and work the plan seem to luckier than everyone else! Set aside five minutes to write down the main focus for your day or your week, and set yourself up to your best advantage. No one can help you better than YOU CAN!

It’s Not My Fault

Take a good look in the mirror, you are the CEO of your life. Take a truthful look at your assets and your bad habits. Explore where you can make small changes that will move your life toward a more abundant mindset. Making intentional choices creates a feeling of independence and eliminates the need to blame others. Every choice you made in the last five years resulted in where you are today. If you are not happy with your life, snap out of the routine of non-decision-making. Begin making new choices that will give life to the dreams and goals you have.

Don’t Have Time to Budget

People are so busy, being busy, that they often mistake insignificant activity as being more valuable than a scheduled chunk of time for planning. It’s a bit of a paradox, but setting aside 30 minutes a month to review your finances and make a plan for the next month, can actually save you time and money. Just jotting down your monthly bills on an index card and slipping it your wallet, will help you stay on track. Dividing your spendable dollars into envelopes is another good idea for seeing where money flows.

We all have the opportunity to create the life we dream of, it takes a little faith, a plan and choices to make it happen. A goal is merely a dream with a deadline. Go for it!

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Imagine Where I Would Like to Be!

The Money NerveProjecting Your Success: Where would I like to be!

First of all, ask yourself “where I would like to be in one year or five years. Maybe free of credit card debt is where I would like to be? Do I want to travel the world? If I had more money in my retirement account, would I be happier and less stressed? How can I change my spending habits so that I can reach my goal of $50,000 in savings?”

Once you know where you would like to be, state your goal: A year from now, I will decrease my use of credit cards. Two years from now, I will sign up for additional training.  In five years, I want to have a zero-balance on all credit cards. In ten years, I’d like to transition to another career or own my own company.

Quiet the censor in your mind and just let your imagination travel where it likes. After allowing yourself this quiet time every day, you may be surprised to see where your imagination takes you! Take advantage of planning ahead, and then, every three months or so, sit down to adjust your budget. You can still get to where you want to go, you are just allowing yourself to keep it real and update, as needed.

Will I ever quit worrying?

Finances will always be a part of your life—not something you can ever move past. Confront your financial fears and set aside an hour per week to update your records. If you use computer software, download your bank statement and expenses. Balance your checkbook. Keeping up with your money each week for a small amount of time helps you stay on track for your bigger goals. Having a plan to work from results in a more efficient use of time and less worry.

Make an effort to spend responsibly. Make a list of all bills you get each month, and check them off your list as you pay them. That way, if you didn’t receive a bill, you still realize it has to be paid. Spreadsheets are a great way to keep track of expenditures. Once a year, list your assets and debts to get a sense of your net worth. As a result,  you now have a true road map showing where you have been and how to move more efficiently toward your current financial destination!