Personal Finance News Tuesday 1/1

Phil's Personal Finance Tip of the Day:

Improve Your Financial Situation in 10 Minutes or Less

Think you don't have time? Think again.

from daveramsey.com on 01 Aug 2012

Whether you’re single, married, retired or unemployed, your money is one of the most important areas in your life.

Don’t believe it? Try not paying attention to your money for a few months and see what happens to all the other areas of your life. But even though staying on top of personal finances is so important, a lot of us say we don’t have the time to get organized.

Really? You don’t have the time to plan out your future, your kids’ future? You do have the time. And to prove it, we’ve come up with a few quick, easy ways you can start getting your financial life in order. You can do each of these in 10 minutes or less.

Remember, though, this is just the start. When you’ve taken care of these things, you’re ready to really get focused and serious about your money.

 

Clean out and organize your wallet or purse.

A cluttered desk, wallet and filing cabinet can only mean one thing: a cluttered, disorganized mind. Start things off by getting out your wallet or purse and organizing your cash, debit cards, gift cards, etc. Get rid of any old stuff that you don’t need, like that 2-year-old receipt from Subway.

 

Set a goal for this month.

What’s your number-one goal you want to accomplish with your money this month? Write it down. Note the steps you will take to reach it. Put it on your desk and keep track of it all month long.


To read the entire article from daveramsey.com:
http://www.daveramsey.com/article/improve-your-financal-situation-in-10-minutes-or-less/lifeandmoney_goalsetting/

Inspirational Quotes@Inspire_Us from Twitter:
Happiness cannot come from without. It must come from within. -Helen Keller