As an entrepreneur, one of my goals for 2018 was having a steady income and I have to say 2018 “financially” has been pretty amazing for me. But you know, as they say, more money more problems, let’s just say adulting hit me pretty hard this year. I plan on ending this 4th quarter with a bang here’s how I’m walking into 2019 making money moves.
Now let’s dive into other ways I’m making money moves walking into 2019
Creating A Financial Budget That Supports My Goals
Right now it’s very important for me to create a budget that supports my goals. I’m getting older and it’s time to figure out what I really want out of life. I’ve always had a vision/dream of the kind of life that I would like to live but is it realistic- financially? Now more than ever it’s time for me to start making some serious financial goals by prioritizing my goals and savings. Pretty soon I’ll be buying a home or a car and I don’t want to question if I can afford it or not.
Let’s keep it real the average American household has less than a month’s worth of income in liquid savings, An emergency fund is an essential part of everyone’s financial plan especially me as an entrepreneur. This is the money you should have earmarked for unexpected events, such as a medical bill, emergency room visit or unexpected hospitalization. This past summer was truly ruff for me and I realized during the struggle that I didn’t have enough money in my emergency fund. But hey at least I had one. At the end of this 4th quarter, I plan to have a solid emergency fund at least 4-6 months ahead.
Paying Attention to My Credit Score
I soooooo wish I would have listened to my parents when they drilled me about credit or maybe even had a high school course on budgeting and credit. Let’s just say I wish my credit was better but I’m using the rest of 2018 to create a game plan on how I’m going pay off debt and get my credit score up.
This post was sponsored by Lane Bryant All opinions are my own.