Consistency and Finances

Consistency is the key to unlocking life-changing financial habits. Those of us who dream of saving more in our sleep can’t imagine not putting money aside for an emergency. For others, it’s a struggle for a number of reasons:

  • They never learned from their parents how to manage money.
  • They don’t have enough income to cover their major expenses.
  • They are taking care of other members of their family and that doesn’t leave room for them to save.
  • They care too much about what people think, so they overspend to impress.
  • They don’t see the point of denying what they want in the present to save for the future since tomorrow isn’t promised.

Financial Literacy

The ability to understand and effectively use various financial skills, including personal finance management, budgeting, and investing. It is unfortunate that these skills weren’t taught to us in school. I just so happen to have grown up around my family’s business where they all do taxes. These things come naturally to me. If you never learned how to create a budget, learn. It is never too late to learn a new skill.

Here are some books I recommend reading:

  • Rich Dad, Poor Dad by Robert Kiyosaki and Sharon Lechter
  • The Total Money Makeover by Dave Ramsey
  • Transforming Your Relationship With Money by Joseph R. Dominguez, Monique Tilford, and Vicki Robin

Income

It is crucial to review the previous month’s budget to stay consistent with it. You need a solid monthly/weekly routine so you can be the most consistent with your financial wellness. Every month brings new expenses and a different set of priorities on where to spend your money. Checking in with your budget allows you to project any new expenses for the coming month and reallocate your income if necessary.

If your income is too low to cover your expenses then I suggest digging deep and finding a new side hustle or turning a hobby into a job where you can earn some money off of doing something you love. You can really get creative when it comes to increasing income.

Here are a few examples:

  • Sell Stuff Online
  • Drive people around
  • Become a virtual assistant
  • Negotiate Salary

Change Your Money Habits

Consistency plays such a huge role when it comes to achieving any type of success. I’m sure you can imagine that consistency is a key factor in the area of your finances too. Your money habits are formed based on how you constantly handle your money from saving to spending. As simple as that sounds, you might not have considered how consistency affects different parts of your life.

With any habits, money habits can also be good or bad, so in order for you to achieve financial freedom you obviously need to be consistent with good money habits. Good money habits have to do with both saving money but also how you spend it. If you’re not consistently saving money then you are probably consistently spending it. It’s the consistency you have with both of those things that will determine your financial success.

Be Rich, Don’t Look Rich

Trying to impress people is pointless. Most people never become wealthy because they waste too much money on buying symbols of success. They are more focused on looking rich instead of becoming rich. Living below your means and investing your extra income is how you build wealth. No matter how much money you make, you must spend less than you earn. Don’t be in a rush to look successful. Don’t fall into the trap of pretending to be rich.

The longer you practice consistency, the more automatic it becomes. You need to build good money habits and ask yourself if you are consistently frugal or consistently careless.

Here are some ways to stay consistent with your finances:

  • Automation- Auto payments for bills is a super easy way to achieve consistency in your personal finance life
  • Calendar reminders- Setting a simple reminder on your phone’s calendar can help provide consistency in tasks as well
  • Budget apps- Utilizing an app for your budget can help you stay consistent with checking your budget monthly

Free Gift

Check out the FREE video series on my 3 Keys to Unlocking Your Financial Freedom! This video series touches on Budgets, Tackling Debt, and Ways to Increase Income TODAY! I created this series for those of you who have been hit hard by COVID-19. I want you to know there is nothing you can’t accomplish and creating a plan of action is always a great starting point.

30 comments

7 kogus

I really like your article. Nice write up. big fan of and . Glori Fredrick Tarrel

willette mcmillian

I randomly stopped by your site but you are really successful

jarred easley

You produce quality content, I appreciate you

janyce swihart

Wow, great blog article.Really thank you! Really Great.

gerald rende

Very informative blog article.Much thanks again. Fantastic.

joni brower

If you are going for best contents like I do, only go to see this web page all the time because it presents feature contents, thanks

fake instagram

I like and follow your site, thanks

Molly

I feel very lucky to follow your page

Kylie

I like and follow your site, thanks

720p

My brother suggested I might like this web site. He was totally right. This post actually made my day. You can not imagine simply how much time I had spent for this info! Thanks! Edyth Sebastien Dorita

dublaj

That would be the finish of this report. Right here youll come across some internet sites that we believe you will appreciate, just click the links. Larine Warner Anastasie Maritsa Dirk Andrew

dublaj

Everyone loves it when individuals get together and share opinions. Great website, continue the good work! Binnie Rafaello Panaggio

diziler

each time i used to read smaller content which also clear their motive, and that is also happening with this paragraph which I am reading now.| Amalle Gordan Viguerie

hindi movie

You ought to take part in a competition for among the most effective blog sites on the internet. I will advise this website! Josy Merrick Jameson

torrent

Hello there. I found your blog by way of Google at the same time as searching for a similar subject, your site got here up. It seems great. I have bookmarked it in my google bookmarks to come back then. Winnie Alasdair Schlosser

aksiyon

I am sure this piece of writing has touched all the internet users, its really really good post on building up new blog.| Aliza Thornton Burchett

turkce

Very good point which I had quickly initiate efficient initiatives without wireless web services. Interactively underwhelm turnkey initiatives before high-payoff relationships. Holisticly restore superior interfaces before flexible technology. Completely scale extensible relationships through empowered web-readiness. Stacie Duff Athena

turkce

Tommy how is you cum so thick is it real cum or what? Except few virgins all other deflorations are the best, i learned a lot and it has helped me satisfy my wife. Thanks for the Help. Garnet Forest Essam

turkce

Somebody essentially lend a hand to make severely posts I might state. That is the first time I frequented your web page and so far? I surprised with the analysis you made to make this actual post extraordinary. Excellent activity! Carmine Brett Kimmel

turkce

There are some fascinating moments in this post yet I don?t recognize if I see every one of them facility to heart. There is some validity yet I will hold opinion up until I look into it additionally. Great article, many thanks and we desire extra! Added to FeedBurner also Virgie Desmund Amelita

turkce

I am thinking of visiting your website again Thanks Hedi Adamo Cleopatre

turkce

you ave gotten an amazing blog right here! would you like to make some invite posts on my weblog? Jyoti Ford Ranchod

turkce

Hello there! This blog post could not be written any better! Reading through this article reminds me of my previous roommate! He continually kept preaching about this. I will send this post to him. Fairly certain he will have a very good read. I appreciate you for sharing! Larine Warner Anastasie

turkce

TFXL5f Thanks again for the post. Thanks Again. Keep writing. Debera Johann Ryley

turkce

This is one awesome blog. Really looking forward to read more. Keep writing. Giselle Nikolaos Towbin

turkce

Yes! Finally someone writes about clark809.argosyinvestor.com/p/1. Adele Tammy Garcia

turkce

Thanks designed for sharing such a pleasant opinion, post is pleasant, thats why i have read it fully Bernadina Wilfrid Bridget

turkce

Really informative blog article. Thanks Again. Want more. Jelene Benedick Berfield

turkce

Howdy! This blog post could not be written much better! Reading through this article reminds me of my previous roommate! He always kept preaching about this. I most certainly will send this information to him. Fairly certain he will have a great read. I appreciate you for sharing! Clem Grove Chen

Leave a Reply

Your email address will not be published. Required fields are marked *