From Financial Frustration to Financial Peace of Mind
31 July 2017
“My light has been disconnected again Michelle!” I could hear the agony and frustration in my friend’s voice. Wendy’s job title implied she was middle class. However, she felt like a failed bill juggler and a bad money magician, since she just could not stretch her salary to cover even her essentials. Have you ever felt like this? Don’t worry. Here are some tips that helped my friend will help you too.
- Determine Your Financial Destination: If you know you are journeying from your house to Dunns River, automatically you will think about the various routes and choose the best one. If you neither know where you are, nor where you are going, you will remain stuck. The problem is that your powerful brain will not automatically look for alternatives. Wendy’s location was debt of over $3 million, no savings and mounting bills. Her destination is to own her own home which currently costs $13 million. What’s yours?
- Determine Your Financial Milestones: To ensure you are on the right road, you have to look out for landmarks . . .your financial milestones along the way. Wendy’s first accomplishment was to work out a payment plan to complete the hire purchase arrangement for her stove. The next major milestone was to reduce her debts. How much debt or savings/investment do you want to have in 1 year, 5 years, 10 years?
- Discover your talents and market them: She made the financial sacrifice and invested in a cake decorating course. This allowed her to transition from seasonal Christmas cake to instead make beautiful wedding cakes all year round!!! What is your special gift? Do you need to invest more in it?
- Decide on your financial partner: On your financial journey, it is better to rely on the knowledge and experience of an expert to assist you to get to your destination than others who also feel lost. Wendy asked JMMB for directions and sacrificed the time do her free Financial Plan.
At the end of this year her debts will be cut in half!! Additionally, she is simultaneously saving towards her emergency funds. Do you want JMMB to help you too? Leave financial frustration behind. Today Call 998-5662 and start your journey towards financial peace of mind.