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Life: The Sequel - Step 7

Stay on Track to Financial Wellness

When you start something new – whether it’s a new diet, exercise regimen, or even a new class – you may find that you’re gung-ho at the beginning, but your interest and dedication may fade a bit as time goes on. This is very, very common – and why the gym is packed in January and the diet industry is so profitable. Let’s try to avoid a similar path with your money, and instead remain focused and motivated.

Just like with diet and exercise, long-term financial success is not something to be taken lightly. You need to form good, realistic habits that will stick with you now, and in the future. For example, doing a crash budget, where you cut out all fun and indulgences, won’t be sustainable. Instead, review the steps we’ve outlined here – make decisions that are right for you, understand your financial strengths and weaknesses, and find small ways to save money every day.

This is your new life. Phase 2. The Sequel. Part Deux. Remember, you’re at the starting line and it’s an exciting road ahead. It might be a little overwhelming as well, but you’ve got the tools now to navigate the path to financial wellness. Now go make it happen!

Tips to Staying On Track
  • Don’t try and binge save. Remember, it’s saving small amounts over time that adds up, while allowing you to manage life’s other expenses.
  • Check in with that budget of yours regularly. Is it realistic? Are you sticking to it? Make sure it’s working for you and adjust it when necessary. You can always go back to the Easy Budgeting Tool to tweak your numbers in just a few minutes.
  • When you start to earn more, don’t automatically start spending more. Try upping the amount you save, rather than springing for new/ better/ shinier stuff right away.
"Just like with diet and exercise, long-term financial success is not something to be taken lightly.

You need to form good, realistic habits that will stick with you now, and in the future."