August 30, 2017
This week I attacked my homework assignment my financial coach assigned me, which was to go over what our wants, needs and must haves are in a home. I was also instructed to do some online searching on what property taxes and prices look like around in the surrounding areas, not just the city of Madison. I had a discussion with Madison and we both agreed we need two bathrooms, and at least three bedrooms.
Finding Joy Outside of Money
August 23, 2017
It has been very interesting being in the Project Money with my daughter. It has now been a consistent conversation, talking about if we should spend money on this or are we making money. Madison’s perception of it all is that was are going to be rich. That starts to open an honest conversation about money and our personal relationship to money.
Conversation about Finances
August 16, 2017
I have noticed since being in Project Money that the conversation about money has become much easier for me. I used to feel very uncomfortable talking about money with friends and sometimes even my clients. Now, I have found the conversation with friends starts off about Project Money, and then they start to share helpful things they have done. Plus, I have friends that are learning from the program as well. It’s like it opens a deeper connection with friends when we can talk openly about our finances. Having a deeper connection with others translates to a great level of emotional health.
Know your resources
August 9, 2017
Sometimes, when dealing with personal finances and business finances, it can be stressful and overwhelming. Stressful because we all feel like we don’t have enough money, overwhelming because where do we start. Before I started the Project Money challenge I had start doing my own personal work. My first finance book was Suze Orman’s Action Plan. The first chapter she talks about the road map ahead and planning for your future. I feel like every financial resource always talks about credit scores.
Plan for Success
August 2, 2017
Week # 9 of Project Money challenge has been pretty productive. My coach Murphy and I got to meet with a mortgage loan officer. I got a better idea one how much I should be saving and what my next best steps toward being a home owner should be. My homework assignment was to meet with a business accountant to get a better view on what my next best steps in my business should be. I also set up my Money Minder account online at Summit Credit Union.
The Saving Game
July 26, 2017
Week 8 of the challenge. I’m starting to feel myself get somewhat uptight about spending money. Let me be honest, I have always been uptight about spending money but being in the challenge has made me a little more anxious about spending. Plus the NBC 15 news stories came out this week, so now there are extra eyes watching. When you have your friends and family cheering you on, you feel the pressure to do your best.