Please reach out to your Legislators to thank them for standing up for the working class
CLICK ON THE LINK BELOW TO IDENTIFY YOUR LEGISLATOR AND PHONE NUMBER
Brothers and Sisters:
The recent receipt of our pension statements should be an “eye opener” for all of us. Supporting one’s self in their golden years will require multiple sources of income to live comfortably. I’m not saying that our pension is in trouble or will not be there when we need it, I am simply pointing out that the old adage “don’t put all your eggs in one basket” is relevant to all of us.
The first step to financial security is to understand where your money is going. The most basic and powerful tool to realize this allocation is the BUDGET. It is imperative to know what money is coming in and where it is being spent. This basic knowledge may seem like an impossible task but it is made easy with technology found at the following website: https://www.daveramsey.com/budgeting/how-to-budget/
Getting your financial house in order will allow you to breathe easier, plan for vacations, fund college, and most important of all get and stay out of debt. It is not wise to invest in anything, besides a small emergency fund, until you are debt free.
Saving $1000 in an emergency fund will help you avoid using credit cards if small emergencies pop up. We all understand car problems will occur, medical emergencies will happen and home appliances will eventually fail. Having this small emergency fund will allow you to fix these temporary problems while staying focused on paying off debt and avoid adding more debt.
In summary, our first financial discussion involves making a budget and saving $1,000 to an emergency fund. The budget is the single most important tool in achieving financial success. You MUST know where ALL of your money is going every month. Please visit the above link and begin your journey to financial independence.