The plan…step one.

The first thing I had to do was map out how much money came in verses what went out. So we sat down and wrote it all out …. pay in…bills out. I also had to look at those bills one by one. We’re they necessary? Could I live without that gym membership? (The answer to that one was no, but it was still a good question to ask) The money that was left over was what we needed to manage. Some to discretionary spending, some to saving. It was sort of exciting, as I could see that if I was purposeful in how I spent and saved I could actually do a lot more with my life. I actually had more than I thought. But the willy nilly spending of the past had obscured that fact. (All those coffees, etc.) We came up with a weekly budget that would allow me to pay off my debt quickly while also allowing me to save. We came up with three figures…..1) weekly discretionary budget ( I could spend this on whatever I wanted, but when it was gone it was gone) 2) monthly debt payment 3) monthly savings (This will go into a TFSA – tax free savings account – that will allow me to invest what I put into it) We had a plan and I had a plan of attack.

•