Finances play a crucial role in you life.  If you're going to live the kind of life you want, you need to create a financial plan to help you achieve it.  Start by getting clear about where you want to go and then set some clear goals to get there.


What does it mean to have a financial plan for your life?

  • You can’t go on a journey without a plan in place

  • Where am I now?

  • Where do I want to go?

  • What do I have with me?

  • What will I need?

  • How do I get there?

Ask Yourself: How do I need to manage my money, to live the life that I want to live?

Money is going to influence how you get to where you want to go.

  • Do you want more time with family?

  • Do you want to retire earlier?

  • Do you want to change career fields?

  • Do you want to be able to give your kids or grandkids a financial inheritance? How much would you like to leave them?

  • How about philanthropy? Do you want to be more generous toward worthy causes? To be able to give when Hurricane Harvey comes through, or Irma, or you name it….church, friends, family….?

  • Do you want to finally be able to afford that dream vacation?

  • Whatever you want and however you want to live your life, it won’t happen by accident - you need a plan, and finances has to be part of that plan!


How do you move toward the kind of live you really want to live?

Start with where are you right now…

  • Self-Awareness.

  • Are you living paycheck to paycheck?

  • Do you feel like you’re managing money or does it feel like it’s money managing you?

  • What is your earning potential now and in the future?

  • Does your career have long-term sustainability?

  • Setbacks can have a significant impact on your life and financial plans.


Things you need to know

  • How much debt do you have?

  • How much do you earn?

  • How much are you spending? Do you really know or just think you know?

  • Without a written plan is impossible to know - without tracking expenses, you'll never stick to a plan and succeed.

  • 7 out of 10 Americans do not have a financial plan - a budget.

  • Budget in a drawer untouched does you know good - must be active.

Start by asking and answering the questions that reveal where you are right now.

Next step

Creating a financial plan for your life


Determine Your Destination

  • When you travel somewhere the GPS can locate your current location - it’s up to you to enter the destination.

  • Where are you going? What is it that you want?

  • Do you want a certain lifestyle?

  • To live in a specific state, city, town, neighborhood?

  • Rent or own?

  • Do you have or do you need to save for a down payment on a house?

  • Retirement needs? $$$ Amount?

  • You have to know where you’re going and then…

  • You have to take action.

It all starts with setting some specific goals


Goal setting: The journey is never easy, so you must remind yourself constantly of the reward at the end of the journey, you have to have that reward strongly built in your mind….visually….aroma…..all five senses….what’s it really going to feel like being debt free or reaching that milestone.

A goal must be:

  • Written down.

  • Looked at, spoken, rewritten everyday so you can get it deep down inside of you.

  • You have to believe it so much that no one and no thing can persuade you to give it up.


Set a specific goal - then list 20 things you can do to reach your goal.

  • Focus on one or more things on the list you can do every day to move toward your goal.

  • Education

  • Extra sources of income - side hustle

  • Can you ask for a raise?

  • You can negotiate your credit card interest to a lower rate to help you pay off debt faster.

  • Pick one thing of the 20 things on your list every day and do it to reach your goal.

  • A financial is a crucial part of the journey


  • Married couples/significant other - Set goals together

  • You’re in the same boat - It’s better to row together in the wrong direction then to try to row separately, which will only make you go in circles and frustrate you both.

  • Setting Your Family Plan - download.


  • S – Specific (or Significant).

  • M – Measurable (or Meaningful).

  • A – Attainable (or Action-Oriented).

  • R – Relevant (or Rewarding).

  • T – Time-bound (or Trackable).