A Different Kind of Holiday Gift Guide
Holiday gift guides abound this time of year, letting you know the best gifts under $x amount that you can give. Well, sometimes the best gift you can give to your family and yourself can’t be found in a store. (And no, I’m not talking about homemade cookies, although those are good too.)
I’m talking about the gift of financial security.
Getting your finances in order will change your life.
Give yourself the gift of financial security, and things that used to be major setbacks will become little hiccups — or blips that you don’t even notice. Best of all, you’ll able to help others when they need it, or give cool gifts to others just because.
You’ll also be able to plan for specific goals like paying for your children’s college, going on vacation, and replacing a car — and then reach them. They won’t be “someday” dreams, or worse, things that you believe you could never afford to do.
They’ll be reality.
What it takes
If your financial life isn’t the way you’d like it to be right now, commit to making a change. That’s where it starts. From there, you’ve got to cover the basics:
- Budgeting (aka deciding what you’re doing with your money)
- Managing your cash flow
- Building up an emergency fund
- Making sure you have the insurance coverage you need
- Getting out of debt
- Saving for retirement
- And taking care of estate planning
The best thing
The best thing about giving yourself and your family the gift of financial security is that it reduces stress and makes life more enjoyable. And you can start today.