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Get on top of your finances in 30 days

Most people in the US live paycheck to paycheck. This makes life stressful because it's hard to handle unexpected expenses. However, it’s possible to get on top of your finances, no matter how much money you make. Plus, it only takes 30 days to get on the track to success. Take a look at how to do this. 
Week one: figure out your financial goals Everyone wants to be a millionaire, but that’s not realistic for most people. What you need to do is make realistic goals about your financial future. This could be something as simple as getting out of debt or something more complicated like investing in real estate.  Here are some other goals you might want to set:
1) Saving for your child’s college education2) Putting money away for retirement 3) Spending less money on entertainment 4) Saving money for a big purchase (car, house, vacation, etc.) and 5) Investing money 
Week two: analyze your financial situation After you know your financial goals, you should analyze your current situation to see where you can improve. For instance, you might find that you’re spending too much money on car insurance or your grocery bill doesn’t match up to the number of people in your family. There are countless areas you might find that need improvement. Start analyzing your financial situation by making a list of all your debts. Then, compare it to your income and any budget you have previously made. Make sure to include all of your assets, too. Then, check your credit score to see if there is anything you don’t know about. 
Week three: make changes that put you on track for your goals Once you know where your money is going, it’s time to start making changes to put you on the right track to reach your financial goals. Most people begin by making a budget to start tracking purchases better. This makes you less likely to buy something frivolous because you know you’ll be held accountable for it later. Here are some other ideas for making changes to the way you handle money: 1) Spend some time with HR going through your payroll deductions. You may be paying more taxes than you need to or spending too much on healthcare and other withholdings. 2) Start contributing money to a retirement fund. 3) Automate your payments so you never have to worry about missing a payment. 
Week four: take measures to stay on track It’s one thing to have a plan, but it’s another to stick to it. After you’ve analyzed your finances and started making changes to help you reach your goals, you need to avoid anything that will make you deviate from your plan. For instance, it’s easy to purchase more items on credit or just ignore your budget. So, on day 30, compare what you actually spent the last 30 days against what you budgeted to see how close you came. Then, make adjustments so your budget is more realistic. People always seem to be surprised where their money actually goes. 
If you get your finances under control now, you’ll be better prepared to handle the future. If you need help making investment choices, you can find the Fisher Investments Office Address that is nearest you with a quick search on the Internet.


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