7 Tips for Organizing Your Finances

Dr. Dorothy Merchant of SImple Solutions Professional Organizers

Dr. Dorothy Merchant of SImple Solutions Professional Organizers

This past week I had the pleasure of learning from Dr. Dorothy Merchant of Simple Solutions Professional Organizers    at a Linking Greensboro Luncheon.

Dr. Merchant shared tips from one of her posts : 7 Tips for Organizing Your Finances.

She not only encouraged us to discover our spending triggers (we all have them!) but she encouraged us to understand the importance of knowing what our expenses are each month and setting a saving plan in place.

Ideally we should all have 3-6months worth of living expenses saved in case of emergencies as well as a stocked pantry that can feed your family for a few months if need be!

The great advice offered that could help you change your financial future?  Have a clear picture of your current financial situation,  create a spending plan for each pay check and save consistently.

One of the highlights of her presentation was pointing out how much we all spend on food each week. A simple exercise she shared was to make 3-4 columns on a sheet of paper with the headings of meats/fish or fruit, vegetables, grains. Under each of these headings quickly write down 5 of your favorite things to eat under each category. . . read each line across from each category and voila! You now have a whole weeks worth of dinners.

What are ways you and your family save money?

 

 

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About Danielle Hatfield

Danielle Hatfield is Chief Dirt Digger at Experience Farm, Managing Partner of Linking Greensboro, That chick who is responsible for hatching @gsotweetup, Admin for Social Media Club Piedmont and a Senior Editor for Mobile Local Social StudioB.

When she is not tweeting about coffee drinking and bacon consumption, her passion is Web Development, Brand Strategy, Email Marketing, Graphic Design, Social Media, Recycled Furniture Design, Vintage Style, Travel, Art, Social Networking Events, . . . oh, and she has ideas - big ones.

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