I pray you and your families are keeping safe and well emotionally, physically and let us get right to it financially.
This latest stay at home has affected my household as well, my husband now works in the construction industry. My Budget was already set for April from the previous month so having to apply for the unemployment benefit was not expected or accounted for. The difference in income was very noticeable but I was grateful we were getting something. So, with a quickness I adjusted my spreadsheet and got on with it.
How many of you have not sat down and faced your financial position? If you have not, now is time! Because life can change very quickly, and you can find yourself in trouble.
Before we go further let me introduce myself if you missed my introduction last edition. Who is Budget Buddy? I am a Financial Coach, not a Financial advisor; I believe both are important, but you must decide what is best for you in each stage of your financial journey. This is my passion and I pride myself on helping you reach your financial goals and not just live for each paycheck but learn how to manage each paycheck.
Budget Buddy- Financial Coach provides one-on-one sessions for 3 months.
- I encourage, support, and help clients create a budget
- I provide tips to help with positive financial behaviors
- Unlimited access and open honest communication for 3 months
- Help you understand the basics of personal finance and encourage you to handle your finances responsibly
- Set a debt repayment plan
- Create healthy habits
- Help to change the mindset of stop living paycheck to paycheck but start to manage paycheck to paycheck.
- Set results once dollar at a time, baby steps
- Basic Investment tips
- Someone who helps build wealth
- Provides long term financial planning
- Manage assets
- Investment portfolio
- Retirement planning
- Estate planning, taxes
In these Covid times, life is changing daily with unexpected pay cuts managing your funds are especially important, putting aside something for a rainy day is an understatement, its our reality now! If you get paid weekly, bi-weekly, or monthly and at the end of each month your focus is when your next pay is hitting your account, its time to get serious with yourself and have full accountability and let us put all the cards on the table! Let us do the work together to get you where you need to be financially.
I will leave you with a few tips.
- Set a no spend day for each week this month
- Only buy lunch 2 or 3 days per week
- Meal plan
- Have a girls / guy’s night outdoors, be creative bring a dish or snack and share, play music, and enjoy yourselves.