This weeks Fake It 'Til You Make It is all about that money, money, money. Everyone has a money goal, whether its getting out of debt, investing in the stock market, or saving for a big purchase. And every one of those money goals is based on you knowing where your money is spent, how much you have, and generally having your finances in order. So whether your goal is small, large or in between, there's a pretty simple formula for getting on track.
Plan the Part
Once you've got your money goal, figure out your numbers. How much do you make? How much do you spend? Not interested in tracking every purchase in a spreadsheet?? Sign up for Mint, or another money tracking app. Subtract your spending (expenses) paycheck (revenue) to figure out how much is left over at the end of the month (we'll call this "profit" - since it fits the equation we all learned in social studies). Now you've got your numbers, so start looking the part.
Look the Part
Here are a few things to read to get you started:
- The Skimm - Being up on current events can actually play a huge roll in your money goals.
- Making Sense of Cents and DailyWorth- two great blogs about $$
- How to Save Money and How to Make Extra Money - by yours truly :D
Act the Part
Make small changes that will help you toward your goal. Like going to the grocery store less often, or unsubscribing from store emails (because you don't need a new pair of shoes every time theres a sale). Then make another small change. Don't quit spending money for fun. Just start thinking about how you're spending your money, and cut out spending that goes against your goals!
Be the Part
The best way to "Be the Part" is to talk about your success, and future money goals. I'm not suggesting that you brag, but being willing to talk about money means your comfortable with it, which is something to be proud of!
Best of luck!
- Leah