Take a Breath, Time to Budget



Now that you’ve had a chance to look at how much you truly owe, you may need a second to catch your breath. I know I did. I think I needed a few days to really analyze the gravity of my situation and come to grips with the poor decision making that led me to this point.  I wondered if any efforts at this point would be futile. Even if you could crawl under a rock, the debt would still be waiting for you when you came out for air.

Time to deal with it head on!

So, where do you go from here? Time to create a budget!


Yes, the dreaded B word.  As with many of the steps that we explore, I’m going require that you change your mind frame. Think of a budget as you telling your money where to go, so that you don’t have to looking up and wonder where it went.

I will provide a quick and easy outline of a basic budget sheet. I don’t care if you use mine, but if you want to reach you goals, you need to use one! Tweak the one I’m proving so that it fits your life or create your own from scratch–either way, you cannot move forward without it.


Income Expenses
Monthly Gross Earnings Housing
Subtract 28% for average withholdings Utilities
Monthly net income Medical Insurance
Student Loans
Monthly net income Transportation Expenses
Subtract monthly expenses Grocery Items
Results Should be zero!!* Emergency Savings Goal is $1000
Child Care
Debt Repayment
Car Debt/Gas

*why zero? because you should have assigned each and every dollar a home under the expense column. Tell you money where to go! You are in control!!
Emergency fund: $1000 for annual income greater than 20K—-$500 for annual income under 20K.



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Getting a Financial Consultant | Day 14


Getting a Financial Consultant

Welcome to day 14 of the 30 days to turn your life around challenge with your host Mr. Due Daniels…

Today we want to set up a financial system to manage and invest and spend the money that we make and also bring in better ways to increase our incomings. This will be best done by obtaining a financial consultant/analyst/advisor.

We are not looking for just any ole average financial advisor that will tell you how to order your ducks and set up a budget. That is great but what we are truly looking for is for the financial analyst that can look at what you are doing currently and can help correct a lot of your ways and habits ( financial habits); and also one who can look at your desires and dreams and goals and make sure you are on the right path for obtaining those as well.

Enjoy the video and please leave your feedback.

Due Daniels