3 Tips For Fab Finances in 2017

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We are only one week away from our 2nd annual Power Day! We’ve asked some of our amazing speakers to provide you guys with a few tips to kick off 2017 with POWER! First up is Tonya Rapley of My Fab Finance with 3 Tips for Fab Finances in 2017! Check them out below:

1. Take Regular Financial Assessments

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Start with your first assessment during the first week of the year. That’s a given! But then regularly check on your expenses, and your progress. It’s better to realize that you’re behind on your goals in June, than to let the entire year pass you by leading to disappointment in December. Things you should assess include: your credit score, your purchase categories, your savings, and retirement savings progress.

2. Question Your Spending

All too often we buy out of habit and not out of understanding. I’m not saying don’t buy things. But you should ask yourself questions before you buy. Questions you should ask: “Do I really need this?”, “What purpose will it serve?”, and “Am I buying this to appeal to others or is it a legitimate investment in my goals?”. These questions are helpful in combating unnecessary purchases.

3. Join a Community

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Accountability is powerful. It binds you to the relentless pursuit of your goals. When you align yourself with others who are committed to achieving the same goals, a healthy competition and camaraderie evolves that can super-charge your focus. In my Triumph Club, members celebrate each others’ financial successes and learn from one another. While your immediate circle might not be on the same financial page as you, it’s helpful to a be a part of a community that understands your journey.

Want more awesome tips like these? Join us for the “Girls Just Wanna Have Funds” Panel on this Saturday, January 7th at Power Day 2017 in NYC! Click below to purchase tickets: