- Tips to control your finances and live abundantly -

The simple solution of getting out of debt and staying out of debt is to spend less than you earn. Through the Personal Responsibility Program you will learn how to take control of your finances. Financial stability is about understanding your core values, making wise choices and changing behaviors. Want to learn more about PRP? Contact me and we can discuss what you need to do to organize your finances and live debt-free.

1. Balance your checkbook each month. I am amazed at how many of my clients fail to balance their checkbook. This is irresponsible and a bury-your-head-in-the-sand attitude. Do you honestly believe the banks never make a mistake?

2. Track every penny you earn and spend. Divide your expenses into major categories and continually review spending patterns. You just might be surprised at the strong possibility that you spend more than you earn.

3. Evaluate all purchases through your value system before you buy. It is the smallest purchases when added together that creates the biggest debt.

4. Pay all bills on time to avoid late fees and extra charges. There is no worthy excuse to missing due dates. Use a central bill-paying area in your home or office and invest in a tickler file system to keep your paperwork in order. You can view the one I display on my website on the Products Page.

5. Chisel away debt by committing to a budget. This financial action plan represents how you will allocate your resources. The benefit of having a budget is that it alerts you to trouble before you are knee deep in muck.

6. Carefully watch your food allowance. This is a major source of careless spending. Impulsive dining out results from poor meal planning.

7. Become familiar with your local library