On today’s episode, I discuss the idea of financial maintenance. As a coach, I am here to help you get results, maintain results, and move forward to bigger goals. So let’s talk about what happens when you are no longer worried about saving money or paying off debt.
So what is financial maintenance? You are maintaining when your money systems are working effortlessly. You have a functional budget, you know your numbers, and you are consistently hitting granular goals like saving and paying down credit cards. Now you can shift focus to broader financial goals. You are in a place where debt is no longer the sole focus because you are maintaining a money plan that addresses those issues.
However, when we reach financial maintenance a new fear creeps in. It’s normal to go off track a little. But restarting the process of managing finances is easier every time you do it. Now you have financial tools that will help you build a recovery plan and move forward.
So I really want you to think about this idea of financial maintenance. You’re not always going to be worried about saving money and paying off debt. When you’re in maintenance you get to experience the next version of yourself. So in this episode, I challenge you to identify who you are on the other side of saving money or paying off debt. Because where you are now is not where you will always be.
While listening to this episode, start thinking about the answers to these questions…
[00:26:17] What financial tools am I starting with?
[00:27:25] What do you want to dial in and what do you want to leverage? I want you to answer the question - why is this important? Why is it important that you dial this spending in? What is the bigger win that you have planned for yourself?
Tune in to this episode of Money Files as I discuss reaching financial maintenance and what to do next.
Get full show notes and the episode transcript:
https://wealthovernow.com/exploring-the-idea-of-financial-maintenance/
Links mentioned in this episode…
Set up a call | Financial Coach Washington, DC | Wealth Over Now
Money Class: How To Budget Without Restrictions: May 17th at 12:30 pm EST
