Getting financially organized can be stupid and easy
Do you know the satisfaction you feel when your desk or closet is perfectly tidy? What if you could organize yourself financially this way? Well, you can!
Get organized Your money Today
In today’s episode of Queer money® we share with you five super easy steps to organize your life financially. We discuss the importance of an emergency savings account and provide insight into how you can gradually set aside money for unforeseen circumstances. We explain how to create your “happiness budget,” a plan that focuses your spending on ambitious goals that contribute to lasting happiness.
We’ll look at how being banked can help you achieve your financial goals and why it’s important to save for retirement. Learn what types of insurance you can use to protect yourself from financial loss and how you can ensure a secure future by withdrawing your money – Quacks! Quack doctor! Quack doctor! – one after the other.
Hear everything you need to organize your money:
The 5 covered topics related to financial organization
1. Create an emergency savings account
- Cover living expenses for 9 to 12 months
- Focus on small goals ($10/week = $500/year)
2. Create your happiness budget
- Set yourself big, ambitious goals and open a savings account to achieve them
- Shift your spending from temporary happiness to long-term happiness
3. Make bank details
- A checking/savings account is critical to achieving financial goals
- Adapt banking processes to your lifestyle
4. Save for retirement
- Plan for a better future instead of just living for today
- Use an employer-sponsored account or Roth IRA
5. Buy insurance
- Consider long-term care, life insurance with a death benefit
- Lifestyle insurance (e.g. pet, travel, natural disaster, etc.)