Manage Your Money God's Way

The failure rate for keeping new year resolutions is 80%.  What seems like a good idea at the time can turn into drudgery if you don’t have a solid plan in place for how to actually keep the resolutions you make—whether you make them at the beginning of the year or the middle of July. Here are 7 Steps to help you keep those resolutions: Make one or two resolutions, not more Define the reason you want to make the change Make sure your resolution is achievable Make your resolution part of a long term goal Make the resolution very specific Automate as much as you can Check you progress regularly The  Compass Catholic blog  has more details about the above suggestions for actually making the change you want in your life.

Are you confused by trying to figure out whether it’s better to pay off debt or invest?  The answer is to do both in an organized approach. Just like losing weight includes both diet and exercise, a solid financial plan includes both paying off debt and investing for the future.   Before you start investing aggressively, there are some basic financial principles to put into place, such as tackling credit card debt, having an emergency fund and setting up a spending plan. Listen in or  click on our blog link  for suggestions on getting your debt paid off so you can invest and meet your long term goals.

Is your financial vision 2020? You’ll never know unless you do the financial version of an eye test by performing a financial health checkup.  Figure out your current financial situation and define what’s going to change or remain the same in 2020. Match that against your short, mid and long term goals to see what you need to modify to improve your financial vision. The  Compass Money Map  is a great place to start and the  Compass blog  has more about a financial health checkup.

Join us for a discussion with one of our favorite financial planners, John Kennedy of Candor Path Financial Services. John will share ideas with us about how to get your finances in shape for 2020. The  Compass Catholic blog  has more ideas for you to consider.

We all have a tendency to think that SOMEDAY we will be happy, content and financially stable. But if we don’t start today, we’ll never get there. Join us for 10 easy steps you can take today to improve your monthly finances: track your spending; review monthly payments; determine if you still need to pay PMI on your mortgage; earn more; review insurance; discern wants vs needs; question every purchase; set spending priorities; stop shopping as entertainment; quit comparing yourself with others. Listen in and check out the  Compass Catholic blog  to learn more about ways to start improving your monthly budget today.