Six steps to Fianancial Freedom

Date Posted: Nov 02, 2009

• Know where you money goes. If you don't, then keep track of ALL your spending for one month. This is tedious but enlightening and a must to get a grip on your situation
  
• Know what your family's financial goals are. Be realistic and attach a time frame for each goal.
  
• Know how much you can spend on each item in your family's budget.
  
• Save money each month for financial goals and unexpected expenses.
  
• Pay all bills on time.
  
• Don't charge more than you can pay each month. If you already have debts you can't pay off in a month, then make a plan to pay them off as quickly as possible.