How are you handling the financial downturn?
Is this an area where you need to start making 1% improvements?
The reality is that some people sail through tough economic times with a healthy emergency fund, little to no debt, a side hustle that pays household expenses, and a lifestyle they can dial down at a moment’s notice.
For others, an economic crisis like this one is a wake-up call that their finances may not have been great to begin with.
If the past few months have been an eye-opener for you, why not consider what kind of 1% improvement you can make today to improve your finances.
Could you . . .
• Cancel luxury subscriptions like meal kits or water delivery?
• Sell or return sports gear you’re making payments on?
• Sell unused items on Craigslist or Facebook Marketplace?
• Look for work-at-home jobs with reputable companies?
• Build a rainy-day savings account with just $100 to start?
You Get What You Focus On
While your situation may seem impossible right now, solid finances are possible if you create a plan and focus on making small steps regularly.
Start today.
Write down all your debts and make an extra payment on the smallest one if you can.
In Oola, we like 7’s. So consider making an extra payment of $77.
Don’t have $77?
Pay $7.
If that’s not enough of a challenge for you, pay $777 towards a debt.
The amount doesn’t matter as much as the commitment.
It’s a message you’re sending to the Universe that you’ve had enough! That it’s time to make a change in your financial situation and nothing’s going to stop you from making progress toward that mound of debt that feels like it’s taking over your life!
No debt? Congratulations!
How about giving that $7, $77, or $777 to a cause that you are passionate about?
Because giving is very Oola!
Next….
Move any extra money you get into savings or a retirement fund.
Research simple ways to get investment help such as a mutual fund company or local financial planner.
Talk with your spouse and kids about researching low-cost fun, recycled fashions, home cooking, and cool volunteering options instead of expensive vacations. Make it a fun family project with everyone participating.
Whatever 1% improvement you decide that would change YOUR finances for the better starting today, I would love to have you share it with me by commenting below!
Then, seriously consider working with me privately to set financial goals and take action on your most important category.
Helping people find balance and achieve life changes in every major area is something I do through a
unique 10-week coaching program designed around the bestselling book and coaching formula: Oola.
Message me to learn more!
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