Monday, November 7, 2011

Financial Tech Podcast 10: Values and Money

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Where we spend our money is a reflection of our interests, values and priorities.

Does your bank statement reflect what you value?

If a stranger were to look at your last monthly statement what would they assume you love to do?

So how do I get my bank statement to reflect what I value?

· Conduct a self audit

  • Where is your money going
  • Is that where you want it to go?

· Establish your true values

  • Spend on what you love
  • Cut out the things you don’t love
  • You can’t love everything!

· Then re-evaluate

Use Mint.com to help you set alerts for your spending.

Try using Mvelopes.com to electronically simulate the cash method of budgeting!

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