Lack of Organization is Killing Your Financial Future

Feed Organization Into Your Financial Future

Do you currently have a method to organize your finances? If you are not financially organized, why is that? How would you feel if your finances where organized? Look at your parents, and ask yourself, how can I set myself up for a better financial life? Imagine having your finances so organized that you know exactly where it is going and how it is growing.

No matter where we are in our financial journey, whether we are ready to start creating residual income through investments or we are living paycheck to paycheck, financial organization is for everyone.

Financial Organization is the Foundation of Finances

Without financial organization we will overspend and forget to plan for our financial future. Disorganization in all levels of our life’s brings high levels of emotional stress keeping us stuck in the same daily routine. When your finances are organized, you don’t feel overwhelmed or frustrated when it comes to creating and retaining wealth.

So, if it is so important why is it that most people procrastinate on this and ignore this underlying issue? Well, there are many reasons why, with the main reason being the fact that people get caught up on the day-to-day grind, so they forget to plan for their future. They also get caught up caring too much about what people think and purchase materialistic items that only come with short term happiness.

While short term happiness is always fun to chase, the feeling of happiness that it brings is short lived and unfulfilling. Below I will list 3 steps on how to organize your finances today, so you start attracting and generating long term wealth and happiness into your life. 

3 Steps to Organizing Your Finances: 

1. Understand Your Expenses 

What we do with what we have is more important than what we have. You can make $1,000usd per month and have your finances right or be making $50,000 thousand per month and be living paycheck to paycheck. Believe me I know people on both spectrums. It does not matter how much you make but instead how you spend it.

One important note to make. I am not saying bust out the coupon book and start cutting all your expenses. What I am saying, is understand where they are going and organize them. This means that you will need to break down your expenses and understand the difference between fixed and variable expenses. You can do that by downloading a cash flow statement online or you can join our 4 week organize your finance challenge to get you on the fast track to organization.

 At the end of the day if you want to create wealth or abundance in your life, you can’t live life cutting your budget but instead breaking down expenses so you know where your money is going, and that all starts with staying proactive with organization. 

2. Create Future Wealth Plan

Now that you understand where your money is going it is time to have your money work for you instead of against you. You do this by building a long-term wealth plan as well as a short term debt tackling plan. This will allow you to make sure that you make the most of your hard-earned money so you are placing it in the right residual income buckets.

The biggest take away that I can give you here is to start allocating your money not only to expenses but also to high yield savings accounts, such as emergency accounts and investment savings accounts. If you have debt, start by tackling down your high interest loans down first and work down from there.

I go over this and much more in our course “The Science of Getting Your Money Right”. If you are interested in learning more visit this link for more information about this life changing program. 

3. Change your Daily and Weekly Habits

Step 3 is all about creating concrete day-to-day habits that will hold you through until you reach your wealth goals. This means making day to day conscious decisions by placing your money in the right buckets such as self-development, experiences, and residual income investments. It is very important to understand. Where money goes, energy flows. So, if you are spending your money at restaurants and bars well, that is where your energy and time will flow towards. Making day-to-day life changing decisions can change the trajectory of your life forever.

Energy is everything. Where you allocate your daily expenses will give you a vivid picture of where you will be in the next 3 to 5 years.

So be more conscious about where your money is going on a daily basis and give it some care and attention. After all, money is like an obsessive relationship… money loves attention. It’s sooooo true. Don’t ignore your finances, or it will find a new home to stay. Just like you want to make conscious day-to-day spending decisions you must also sit down once a week with your husband, wife or on your own and take a deep dive into your personal finances so you do not live week by week without a real wealth plan.

Money Loves Attention

Remember, money loves attention if you ignore it, it will find a new place to stay. At Residual Queens we understand that without organization there is no financial success and because of that, we have created this Powerful Excel Spreadsheet To Manage Your Personal Finances to help everyone get started with organizing their finances no matter where they are at in the financial journey.

This Spreadsheet will require discipline, consistency and dedication. If you are truly committed to your financial goals click on this link to learn more about the challenge.

Financial success demands that you adopt organization into your financial life to help get rid of unnecessary, expenses, debt and stress. Following these 3 steps will allow you to make better spending decisions and higher quality investment choices.

Stop running out of money before your next paycheck, stop living day by day without a real future plan, stop accumulating debt without even knowing it. Start creating an organizational system that will get you out of debt quickly and into the right wealth investment avenues. 

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