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Give the Gift of Time

3x3-christmas-starsThis year, Give the Gift of Time!

Choosing to make conscious choices for your money and life may have implications for many aspects of your life. Consider giving the gift of time this year. Create a mental space to listen to your thoughts. Decide how to spend the last ten days of your holiday season, using your goals to give you focus.

Visualize your “perfect” holiday. Maybe it includes parties with friends, spending time with family, or taking the time to express your gratitude. December is such a hectic time of year. Many people feel overwhelmed by obligations presented by school, work, family, and friends. Invest your time in activities that bring you the most value.

Choose which activities you will spend your time on and know that you may miss some parties or invites. Setting boundaries for a successful holiday helps you maintain your sanity, increase your sense of gratefulness and keep your “spirits bright!”

Take that one step further and give the gift of time with those closest to you this month. Listen to your spouse, best friend or family members and notice what is important to them. Investing time with people who are special in your life strengthens your bond with them, creating more meaningful relationships.

When shopping, purchase one item and plan an experience to accompany the gift – instead of buying multiple gifts for everyone. Purchasing a new sweater? Plan a date night to enjoy the new outfit. Have a friend who loves to cook? Wrap up a kitchen gadget and sign up for a cooking class together. Give a gift of time to complete the gift in a box! Many people find that spending time with others reaps greater benefits in the journey of life.

Share some of the activities that your family or circle of friends love to do — and make the holidays extra special every year.

Happy Holiday!

Bob

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Honest Assessment

Growing Your Money

More month than money? It happens to the best of us!

Our outflow of money surpasses the inflow of income.

Fortunately, there is a way to take action. To get an honest assessment of your situation, you can make a list of all the money coming in and going out. Once you know the reality of your current lifestyle, you can change it. No judgment, no self blame.

Look at your paycheck. You must create a budget based on the figure that is actually deposited in the bank. If you base your plan on $1,000 per week when your take-home pay is really $750, you aren’t being fair to yourself and will always go over your budget!

Now you have jotted down all the numbers. Surprised? Now is the time to be honest and take action.

The next step is the tricky one. Write down ALL the things you spend your money on. EVERYTHING! Don’t be bashful. If it’s embarrassing, list it as personal or give it a “code name.”

See if you are saving any money. If you have no savings plan, create a small savings habit. Set it up as an automatic draft or debit from your checking account into a savings account. This will help you create a new habit and learn to pay yourself consistently.  Explore what saving is all about. It is not a punishment or a painful experience. It is simply a gift to yourself and your future. It is exciting to see how a strong foundation of saving quickly grows into a substantial investment. Save first and then spend your extra dollars.

If you totaled up all the income you would make in your lifetime, it will easily add up to over a million dollars. Wow! Who knew? Invest in yourself – you can do it!

Bob