be frugal (not cheap) in the new year by clare levison, cpa
DESCRIPTION
Author Clare Levison, shares strategies to challenge the way you think about money from her book: Frugal Isn't Cheap. Spend Less, Save More and Live Better.TRANSCRIPT
Be Frugal (Not Cheap) in the New Year
Clare K. Levison, CPA
What you need to make a change – education & motivation
“The best time to plant a tree was 20 years ago. The second best time, is today.”
Chinese Proverb
Myth: Personal Finance is Complicated
• Learn what you need to know to accomplish the things you want to accomplish
• This is a great time of year to start simplifying (KISH)
• Get rid of / stop buying things that clutter up your life
Truth: Life is Plan B
Set Goals
• You CAN achieve your goals while balancing other responsibilities!
• Create goals you can get excited about so you’ll continue to be motivated
• Retirement Condo on a golf course
The Two Paths to a Brighter Financial Future
Increase Income
Decrease Spending
Increase Your Income
• Be a go getter!
• Look for education & certification opportunities
• Affiliations with organizations
Find Your Frugal Side
• Frugal isn’t cheap, it’s smart
• Take the emphasis off material things
• You aren’t what you own
Decrease Your Spending
• Re-establish your priorities
• Make frequent use of “I’d Rather”
• Being debt free & having solid savings brings a feeling of freedom, security, and peace of mind
Look for Less Expensive Options
• Find more affordable ways to do the things you want to do
• You’ll find additional room in your budget
• Frugality with small purchases will lead to frugality with large purchases
Create a Financial Support Group
• Book Club • Interact with me on Facebook • Feed the Pig
Get involved in an ongoing financial discussion!
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Stay In Touch
• Website: www.clarelevison.com
• Facebook: www.facebook.com/AuthorClareLevison
• Twitter: @clarelevison
• LinkedIn: Clare Levison