What is your New Year’s Resolution?
A large percentage of the population sets course in the new year to spend less and save more. The excitement starts on January 1, with the hope of finally doing it this year. Within a couple of weeks, the hope starts to fizzle away – life happens to them. The resolution never gets off the ground. Then, for the next 350 days, life happens to them until the new year rolls around again.
There is a way to get off the hamster wheel and make it happen in 2015. Don’t be part of the statistic that does nothing. I want to provide you with an arsenal of things to do to make the resolution happen.
I call the arsenal the 4 C’s.
These are my favorite four words, which I teach my coaching clients.
The first C is Commitment:
If you want to save more money this year, then you need to be All In. It is time to keep that promise you made to yourself and your family. Are you really committed to spending less? Are you really willing to become disciplined to save money?
The second C is Clarity:
In order to spend less and save more, you have to know where your money is going every month. The way to make this happen is by having a monthly budget along with tracking your daily expenditures. The budget helps you get clear on every dollar you spend. This tool is the key to helping you to change your current spending behaviors.
The third C is Consistency:
Once you have a commitment and a budget set, you have to continue on with your plan each and every month, not letting a month slip by where you don’t. You can be consistent by putting dates in your calendar where you are going to sit down and work on a budget and then reconcile it at the end of the month to see if you came within budget. Everyone has access to a calendar since everyone uses a cell phone. By doing the budget each month, you will start living within your means.
Finally, the fourth C is Communication:
Money is taboo in our society. We are conditioned to not talk about it. Whether it is negotiating a raise at work, asking for a discount on things we purchase, or talking about money with our family, we avoid it like it is the plague. It is beneficial to talk about money. Money is a necessity for living, so you might as well start talking about it.
The 4 C’s will give you the jumpstart you need in 2015 to spend less and save more. Use these C’s, and you are pretty much assured that you will break up your old behaviors and create a new, more empowering behavior of spending less and saving more. So, don’t wait for another year to roll around. Start today.
Pass this post around to all of your friends and family….you never know who can use the help.
If you really want to get going with your New Year’s resolution, then give me a call at (818) 292-2548. Call Now.