Make sure you’re setting your future up for success while you’re out here being a Femme Finesse. Here are a few tips that can help start you off. SWIPE
1. Create a Financial Calendar
If you don’t trust yourself to remember to pay your quarterly taxes think about setting appointment reminders for these important money to-dos
2. Check Your Interest Rate
Which loan should you pay off first? A: The one with the highest interest rate.
3. Track Your Net Worth
Your net worth—the difference between your assets and debt. Keep an eye on it, and it can help keep you on track toward your financial goals.
4. Set a Budget, Period
This is the starting point for every other goal in your life.
5. Consider an All-Cash Diet
If you’re consistently overspending, this will break you out of that rut.
6. Allocate at Least 20% of Your Income Toward Financial Priorities
By priorities, we mean building up emergency savings, paying off debt, and padding your retirement nest egg.
7. Budget About 30% of Your Income for Lifestyle Spending
This includes movies, restaurants, and happy hours—basically, anything that doesn’t cover basic necessities. By abiding by the 30% rule, you can save and splurge at the same time.
8. Draft a Financial Vision Board
You need motivation to start adopting better money habits, and if you craft a vision board, it can help remind you to stay on track with your financial goals.
9. Get Your Finances–and Body—in Shape
One study showed that more exercise leads to higher pay because you tend to be more productive after you’ve worked up a sweat.