Money is stressful. It may feel like we never have enough. We don’t know if we can pay our bills, make rent or eat food. The debt might be so overwhelming that we might ignore the debt entirely. Or maybe you feel like you’re socially “on track” but for some reason it seems like you have too much month at the end of your paycheque. Regardless of your situation, here is a guide to get on top of your money.

Money Books

That will change your life

What The Heck Am I Supposed To Do?

Finances are one of those subjects that people never really talk about and as a result it’s something we never really learned. We were kinda just thrown into the ring and had to figure it out on our own. Truthfully, there’s no right or wrong way to do things but if you’re like me and are completely lost here’s a quick little guide that I made from everything I’ve been reading.

My goal for this guide is to set up a plan for myself, and provide great resources for everyone else. So that together we can drop our debt, protect ourselves from emergencies and begin to save and build our wealth! This is my real-life guide to money and setup for my financial plan.

Let’s grow our banks together!

Real-Life Money Guide

Foundation

1 Start an Emergency Fund
2 Pay Off All Debt

Live

3 Save 6 Months of Expenses
4 Create a real-life budget

Bloom

5 Build Retirement Plan
6 Grow Your Wealth
feeling

Money Introduction

Money literally makes the world go round. Whether or not we want to admit it, we need it to live. It shouldn’t be all that our life surrounds but it is something we need to address. The goal of this approach is to be the least stressful as possible but also very real.

So let’s get into this real-life money guide!

Life Goals

Something I’ve always mentioned is that its difficult to get to where you want, if you don’t know where you’re at. So, before we even begin this entire guide its time for one of my favourite things… Goal Setting! This may look familiar to the Limitless system and that’s because it is. Goals, dreams, aspirations all stem from the same space and especially since we’re talking about money, we want to take a wholistic approach to getting on track with your money.

Here are some questions that’ll help you get on track:

  • Goals you are proud to have achieved
  • Things you want to accomplish (Think of things you want to have, see or do)
    • Which of these goals do you feel are not financially possible

1. Start an Emergency Fund

Save $1000 and don’t touch it!

Life happens, we get it. So that’s why you need to start saving for an emergency fund. You never know what will happen next, so this account will cover the unexpected. That way you don’t have to dig yourself into a hole every time stuff hits the fan!

2. Pay Off All Debt

Rid of loans with the debt snowball!

Debt is hella dirty. It’s something we dig ourselves into because we weren’t educated on money enough. But that’s alright because it stops now! We’ll list off all our debts from smallest to largest, avoid using our credit cards and start paying them off as fast as we can.

3. Save 6 Months of Expenses

Rid of loans with the debt snowball!

Debt is hella dirty. It’s something we dig ourselves into because we weren’t educated on money enough. But that’s alright because it stops now! We’ll list off all our debts from smallest to largest, avoid using our credit cards and start paying them off as fast as we can.

4. Create a Real-Life Budget

The worry-free money approach.

Shannon Lee Simmons is a genius! She is the first person I’ve ever seen in the budgeting/finance industry that truly has a no judgemental approach to money. And that is the real real. 

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