No matter what stage of life you are at, and regardless of your personal circumstances or financial position, all of us have hopes and dreams for the future. Some people have small aspirations, while some of us like to dream big. But just how do we go about making these dreams reality? One solution is to create a life road map, where you set goals to guide you over the next few decades. Research has proven that individuals who set goals and targets for themselves – whether it be in their personal or professional lives – are likely to do better than those who are content to amble along not really planning for the future at all. When you apply goal setting to your finances or your business, the results are even more profound. Through this book you’ll discover why goal setting is so important and how a little time and effort on your part to create a robust life plan can really help boost your finances and lay the foundations for exactly the kind of future you want for you, your family, and your business.
Welcome to the Consumer Financial Protection Bureau's Your Money, Your Goals: A financial empowerment toolkit for social services programs! If you're reading this, you are probably a case manager, or you work with case managers. Finances affect nearly every aspect of life in the United States. But many people feel overwhelmed by their financial situations, and they don't know where to go for help. As a case manager, you're in a unique position to provide that help. Clients already know you and trust you, and in many cases, they're already sharing financial and other personal information with you. The financial stresses your clients face may interfere with their progress toward other goals, and providing financial empowerment information and tools is a natural extension of what you are already doing. What is "financial empowerment" and how is it different from financial education or financial literacy? Financial education is a strategy that provides people with financial knowledge, skills, and resources so they can get, manage, and use their money to achieve their goals. Financial education is about building an individual's knowledge, skills, and capacity to use resources and tools, including financial products and services. Financial education leads to financial literacy. Financial empowerment includes financial education and financial literacy, but it is focused both on building the ability of individuals to manage money and use financial services and on providing access to products that work for them. Financially empowered individuals are informed and skilled; they know where to get help with their financial challenges. This sense of empowerment can build confidence that they can effectively use their financial knowledge, skills, and resources to reach their goals. We designed this toolkit to help you help your clients become financially empowered consumers. This financial empowerment toolkit is different from a financial education curriculum. With a curriculum, you are generally expected to work through most or all of the material in the order presented to achieve a specific set of objectives. This toolkit is a collection of important financial empowerment information and tools you can access as needed based on the client's goals. In other words, the aim is not to cover all of the information and tools in the toolkit - it is to identify and use the information and tools that are best suited to help your clients reach their goals.
Get a friendly guide to the basics of money management, including financial planning, budgeting, managing debt, and investing, and learn how to set your first financial goals.
Take charge of your finances and achieve financial independence – the Clever Girl way Join the ranks of thousands of smart and savvy women who have turned to money expert and author Bola Sokunbi for guidance on ditching debt, saving money, and building real wealth. Sokunbi, the force behind the hugely popular Clever Girl Finance website, draws on her personal money mistakes and financial redemption to educate and empower a new generation of women on their journey to financial freedom. Lighthearted and accessible, Clever Girl Finance encourages women to talk about money and financial wellness and shows them how to navigate their own murky financial waters and come out afloat on the other side. Monitor your expenses, build a budget, and stick with it Make the most of a modest salary and still have money to spare Keep your credit in check and clean up credit card chaos Start and succeed at your side hustle Build a nest egg and invest in your future Transform your money mindset and be accountable for your financial well-being Feel the power of real-world stories from other “clever girls” Put yourself on the path to financial success with the valuable lessons learned from Clever Girl Finance.
Embrace your future and achieve financial liberation This book is a practical and comprehensive guide that empowers readers to take control of their financial future and achieve lasting prosperity. This book offers invaluable insights, actionable advice, and proven strategies for setting and achieving financial goals, whether it's saving for retirement, building a nest egg, or creating multiple streams of income. From budgeting and investing to debt management and asset protection, this book covers all aspects of personal finance, providing readers with the tools and knowledge they need to navigate the complexities of the financial world with confidence and competence.
Personal Finance for beginners. Your personal finance is your number one money priority in your life to get rich. Making small changes can lead to big financial outcomes, even to becoming a millionaire. We will explore 50 different personal finance tips that will not only boost your income, but will also make you more financially savvy, confident and prepared. Start now and change your financial future. I will be sharing with you things that pertain to how you can save money. Why am I doing this? Why is it so important that you know how to save money? Why can’t we just spend all the money and income that we make from our hard work and not think about tomorrow? Before we get to solutions, I want you to know that the financial world is a volatile one, as such, anyone who wants to survive the volatility that comes with it must be armed with the right mindset, steps and tips. You will discover the secrets to maintaining financial health which will also benefit you in other areas of life.
Table of Contents Introduction Personal Financial Goals Finding Your Motivation Making Your 401K Investments Work for You Credit Card Debt Goal-setting in Your 30s Conclusion Author Bio Publisher Introduction This book is for all those millennials who are in the age group of 18 – 35, have just either begun to manage their own finances or are looking for ways in which they can set up doable financial goals, to be accomplished in their 20s and 30s. Every generation had its own way to tackle finances as well as budget. Generation X put apart a bit of its money, to be used as an emergency fund, because they had already seen what could happen when people invested in Wall Street and it came crashing down. Generation Y invested a bit of its money in stocks, shares, debentures, and lately in the 2000s, penny shares. Generation Z, the latest generation does not want to invest money into ventures and shares and a very volatile stock market. However it wants to have full control over the money it has in hand. So now you are going to get tips and techniques on how to achieve financial goals, and what you need to do to control your money, in your 20s as well as your 30s. If you are already in your 30s and you have not started managing your money, you are starting out late. But then you have the excuse that you were so busy in your career planning, in relationships, and in other important personal and professional activities in your life that you really do not bother much about money, money sources, investing money, and how money could be managed in the future by you. So let us suppose you are in your 30s. You already have reach some stage of personal and professional responsibility. You have set up your “house” and now you intend to start with your idea of Real Life from Now on. Possibly you do not have so many financial assets, because you have just finished your education, and the only problem is, perhaps you have burdened yourself with student loans which you are going to pay off for the next 10 years.
Does fear and insecurity keep you from looking at your bank account? Is your financial anxiety holding you captive? You don’t have to stress about money anymore. YOU can take back control. As a newly divorced single mom making $24,000 per year and facing down $77,000 in debt, Kumiko Love worried constantly about money. She saw what other moms had—vacations, birthday parties, a house full of furniture—and felt ashamed that she and her son lived in a small apartment and ate dinner on the floor. Worse, when her feelings began to exhaust her, she binge-shopped, reasoning that she’d feel better after a trip to the mall. On the day she needed to pay for a McDonald’s ice cream cone without her credit card, she had an epiphany: Money is not the problem. Self-Doubt is the problem. Shame is the problem. Guilt is the problem. Society’s expectations for her are the problem. She is the solution. Once she reversed the negative thinking patterns pushing her toward decisions that didn’t serve her values or goals, her financial plan wrote itself. Now, she’s not only living debt-free in her dream home, which she paid for in cash, but she has spread her teachings around the world and helped countless women envision better lives for themselves and their families. Now, building on the lessons she’s taught millions as the founder of The Budget Mom, she shares a step by step plan for taking control back over your financial life—regardless of your level of income or your credit card balance. Through stories from navigating divorce to helping clients thrive through recessions, depression, eviction, layoffs and so much more, you will learn foundational practices such as: How to use your emotions to your financial advantage, instead of letting them control you How to create a budget based on your real life, not a life of self-denial How to create a motivating debt pay-off plan that makes you excited about your future, instead of fearing it My Money My Way will give you the tools to align your emotional health with your financial health—to let go of deprivation and embrace desire. Love’s paradigm-shifting system will teach you how to honor your unique personal values, driving emotions, and particular needs so that you can stop worrying about money and start living a financially fulfilled life.
