Tips For Starting Over Financially | Clever Girl Finance

Have you found yourself in a place where you need to get on the path to financial recovery? Learn the key tips for starting over financially PLUS get the links to the articles I mention and much more below:

TIPS FOR STARTING OVER FINANCIALLY
1. Set your money mindset and intentions: You can recover & you can succeed

2. Create a financial plan: Make a list of goals. Your financial goals should be specific, measurable & have a timeline associated

3. Create a strategic plan to pay off debt: Your plan should focus on getting ahead of interest that is compounding

4. Start putting money aside for emergencies: Start with $1,000 to $1,500 which can cover the most basic emergencies

5. Create a budget: Having a budget is you telling your money what to do

6. Focus on living below your means: This means being intentional about spending less than you earn. Become a savvy shopper, finding ways to save, finding items on sale, etc Reflect on your previous spending. There's no shame in living frugally. It's not about being cheap it's about being intentional

7. Find ways to increase your income & create multiple streams of income: There's only so much you can cut in your budget

8. Start investing: Investing is how you grow your money. You can invest in the stock market, in real estate, in business, etc

ARTICLE MENTIONED:
How the snowball method works: https://www.clevergirlfinance.com/blog/debt-snowball-method/
OTHER VIDEOS TO CHECK OUT:
- 10 Key money moves for the new year: https://youtu.be/KA9TwMQzZdc

- 10 Things I no longer buy: https://youtu.be/49Z6O3vUnIg

- How to save $10k in one year: https://youtu.be/veE586ik_ro

- Who says you need a six-figure salary to build wealth? : https://youtu.be/nvntNVjN3vM
--- Looking for A GREAT BANK ACCOUNT to SAVE MORE? ---
Check out Chime: https://www.chime.com/applytp/?ref=clevergirlfinancecgf&ad=tp_
---  Considering TERM LIFE INSURANCE? ---  
For great term life insurance that allows you to increase or decrease your policy as you need to with no fees, check out Ladder: 
https://ladder.pxf.io/c/403981/557243/9299?subId1=%7BsubId1%7D

(P.S. These are affiliate links from brands Clever Girl Finance loves and trusts. If you use our link to sign up we may earn a commission which helps us grow!)

❤ Get the best-selling Clever Girl Finance Books: clevergirlfinance.com/books

❤ Get access to 30+ free courses, worksheets, savings challenges, and our favorite banking resources: https://clevergirlfinance.com/course-... 

❤ Read the Clever Girl Finance Blog: https://clevergirlfinance.com/blog

❤ Follow us on Instagram: http://instagram.com/clevergirlfinance

Видео Tips For Starting Over Financially | Clever Girl Finance канала Clever Girl Finance