Focus: One Financial Goal at a Time
Financial advisors everywhere give advice to people in financial stress and often recommend that each individual needs an emergency savings fund. This is the first step in building a solid foundation because you never want to feel panicked again. Remember that an example of a real emergency is losing your job…not new clothes.
The power of prioritizing your finances gives you visible progress and will help you make things happen in life. It is crucial to make a monthly budget and if you are married make sure you make this monthly budget together because you are a team and need to plan together. This is sometimes difficult but figure out how you can work together and this will ultimately strengthen your relationship as opposed to arguing over finances.
Contact Rumanek & Company Ltd. for more information on bankruptcy and debt solutions. Or please fill out the free bankruptcy evaluation form, to learn more please visit our YouTube. Rumanek & Company have been helping individuals and families overcome debt for more than 25 years.