More Ideas on Wild Money Success

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The last Blog Post asked you to consider how you would define Wild Success with your money.  What does it look like for you? For many of my clients, in the early stages of gaining control of their money, Wild Money Success is simply knowing that more money is coming in than is going out.  Having a monthly, money surplus seemed impossible only a few short time ago.  Now a surplus is happening every month.  That is one definition of Wild Money Success!  It is a great first step!   It is something to build on. Be careful of Social Media. Social Media skews our concept of Money Success.  It seems that everyone you know is off on a big trip or out to a fancy dinner.  The truth is that…
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Ten Random Thoughts of a Person that is NOT in Control of Their Money!

Getting Started, Money Worries
  1.   I wonder what my bank balance is.   2.   How many credit cards do I have?   3.   Which credit card has a little room for dinner or a fill up at the gas station?   4.   Thank goodness I haven’t gotten an overdraft notice this month.   5.   One of these days I will start saving.   6.   If I could get a big raise, all of my money problems would be solved.   7.   I wonder how all of my friends can afford their cars and boats and trips.   8.   A budget is just too restrictive.   9.   One day I’ll be OK with my money.  10.  Maybe I’ll win the lottery and then I’ll be rich. Can you identify with any of these thoughts? Maybe today you have thought one…
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Income and Expense Register Defined

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The last post defined a budget in a simple way.  A budget is a spending plan.  It is a key tool to use when you want to gain control of your money.  Another tool to use in your effort to gain control of your money is the Income and Expense Register. An Income and Expense Register records, or writes down, money activity of inflow (income) and outflow (expense) for your money.  A check register is a good example of an Income and Expense Register.  For each transaction enter the date, received from or paid to name, the amount to be added or subtracted from the prior balance, and the new balance. Common registers are a check account register or a saving account register.  A register for ATM or cash withdrawals…
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