The past few months have really pulled the rug under many people’s feet.
People who had their 9-5, felt safe with a steady, predictable income coming into their bank account every month, and felt that they had life figured out.
But then the lockdowns happened, and you might be one of the millions of people worldwide that suddenly found that their 9-5 isn’t actually that safe. Maybe you found that your 9-5 doesn’t even exist anymore.
And now you’re asking yourself what you did wrong and what you can do to make it right, and make sure you’re never in this position again.
Well, being aware that you need to do this is the first step.
And once you’ve come to terms with that, it’s time to take some actions.
First thing to do is look at the past 6 months of bank statements (so that you also cover a decent period pre-covid).
Type those bank statements into a spreadsheet, dividing them into categories- utilities, rent, groceries, eating out, shopping etc.
Highlight some of the highest amounts in each category, specifically those that have the least impact on your quality of life (for instance, whether you use internet provider A v B) and start thinking about ways you could optimise those expenses.
You should also look for patterns- are you buying coffee every day? Are you buying small things here and there that add up on a monthly basis? Many people don’t even realise how much they spend on those “little things” that can really add up on a monthly basis.
Once you’ve taken care of your expenses, hopefully you’ll have saved enough to get you comfortable to invest in yourself and start building yourself an income stream that you control. I can help you with that.
Hope that helps
Jon
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