2021 January Money Tips

Happy New Year! Wow, here we are, in 2021! 2020 is behind us. What's waiting for us this year? Many are hoping for a better 2021, but there are those who actually did better in 2020 because of COVID. For example, some people started their own business because they were bored or laid off, and they did well!

Anyhow, as this is the first month of the year, a lot of people make resolutions, goals, and many want to clean up their finances. So this month's topic will be about setting up a budget, one that you can follow. I recommend that you track your spending first to find your life standard, then set up a budget accordingly. After tracking your spending, if you find that you're spending more than what you bring in, then it's time to:
- increase your income (since you want to maintain your lifestyle),
- decrease your expenses (if you don't want to add more work to your already over-committed life),
- or a combination of the above (because you're so motivated to start fresh!).

For more information on setting up S.M.A.R.T. (Specific, Measurable, Assignable, Realistic, and Time-related) goals, read my January 2015 blog.

In case you haven't heard, I am hosting a preview webinar for Making a Plan for your Money. This is part one of my Money Coaching series where individuals will work on their own personal finance. It will be a hands-on webinar using
- Crown Financial Ministries' Money Map
(https://www.crown.org/resources/crown-moneymap/) and
- Percentage Guide
(https://www.crown.org/resources/spending-budget-guides/)

Cost: Free for the preview webinar

Tuesday, January 5th, 7:00 PM - 7:30 PM (PST)
https://fb.me/e/14a2UOKPu 
Zoom Meeting ID: 892 8476 8944
Passcode: Preview  

Saturday, January 9th, 10:00 AM - 10:30 AM (PST)
https://fb.me/e/3CmEkfLNG
Meeting ID: 898 4475 1155
Passcode: Preview

Future sessions are 45 minutes each:
- Week 1: Know your financial position, where are you now?
- Week 2: Make a Money Plan that works for you
- Week 3: Are you on track?
- Week 4: Evaluation
Cost: $15/session or $50/4 sessions

Please share this with anyone who may be interested. Thank you.


​Photo by Isaac Smith on Unsplash