No dollar plan is complete without incorporating strategies to safeguard your money and assets. After all, what is the point in growing your dollars if you might lose them down the road? While we usually think of insurance, investment vehicles, and trying to stay away from the Bernie Madoffs of the world as the way […]
Create Your Own Dollar Plan: Step 6
Posted byBy now you’ve put in a lot of work defining your goals, prioritizing them and calculating the costs. It’s finally time to implement! Here’s the steps we’ve already covered: Step 1: Brainstorming Step 2: Assigning Numerical Values Step 3: Calculating Total Cost Step 4: Reflecting on Priorities and Values Step 5: Fit Your Goals To […]
Create Your Own Dollar Plan: Step 5
Posted byNow that you’ve aligned your goals and your values it’s time to fit them in with the rest of your monthly budget. This piece is actually easier than you would think since you’ve put so much thought into the work you’ve done up to this point. If you’re joining us in progress, here’s the work […]
We just got back from our long weekend trip. It always seems to take awhile to get back in the swing of things, get caught up on grocery shopping, email and everyday routines. It was the first long car trip with both little ones in tow. While we planned on hooking up our DVD player, […]
Create Your Own Dollar Plan: Step 4
Posted byIt’s time for Step 4 in the series! I like this step because you are truly aligning where your money goes to your values. Nothing feels better than putting your money towards your true desires. Previous Steps: Step 1: Brainstorming Step 2: Assigning Numerical Values Step 3: Calculating Total Cost Step 4: Reflecting on priorities […]
Create Your Own Dollar Plan: Step 3
Posted byIf you like numbers, step 3 should be a fun one! If you are following along with the series, you should have your brainstorming from step 1 and your grid of goals from step 2 done. Step 3: Calculating Total Cost This step will probably take the longest of all the steps. Give yourself some […]
Create Your Own Dollar Plan: Step 2
Posted byNow that you have step 1 complete and have a nice list of goals, it’s time to put the goals in a working order. Step 2: Assigning Numerical Values This isn’t necessarily a priority order, but rather an order to work on the goals as you fit them together in your dollar plan. Consider it […]
Create Your Own Dollar Plan: Step 1
Posted byThe foundation of My Dollar Plan is actually the same as the name… it’s based on our dollar plan. Readers wanted to know what it looks like, how we created it and how we manage our finances to it. So far I’ve only mentioned it in theory and haven’t explained the nuts and bolts. Today […]