A lot of people think personal finance is similar to a part-time accounting job, but here are some small changes you can make that will move you towards financial success:
Bills: 1. Go through subscriptions and cancel what you don't need/haven't used in a while 2. Call cable/internet/cell phone companies to see about lowering your bill
Savings: 1. Set up very small automatic transfers into a savings account, monthly or bi-weekly. It's easy to slowly increase them over time and you won't miss the money if you start small enough. You can worry about increasing later, building the framework is the important part. 2. Work towards saving first, then spending what you have left
Retirement: 1. Contribute very small amount toward 401k/IRA, and slowly increase over time. Worry about increasing later, just build the framework for now if that's what you're comfortable with.
After following these steps, hopefully you've lowered your bills, have a small automatic transfer into savings that you won't miss, and a small automatic transfer into retirement that you won't miss either. Later you can work toward increasing the savings and retirement amount at a pace comfortable for you (especially when you get raises at work, etc). Hope this helps someone!
Submitted March 27, 2018 at 09:23AM by Human_abstract1234 https://ift.tt/2unHZEh
