How to change your money-habits - kickstarting the process.

How to change your money-habits – kickstarting the process.

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Are you ready to change your habits with money?

Habit change over the long term is achievable! But it takes some know-how.
During the month of January my Wednesday and Weekend posts will provide advice and approaches which will increase the odds of your success. So pop by regularly!

Between now and this weekend, ask yourself What do you want to change about the way you handle your money?

curb impulse spending?
stick to a budget?
get out of debt?

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About the Author

Nancy (aka Moneycoach)
Imagine if Canadians were known for being all over their money. Engaged. Proactive. Getting out of debt. Savvy. Saving. Generous. Nancy wants to help. Nancy started her own journey with money over 15 years ago, and formed her company “Your Money by Design” in 2004 to help others along the same path. It’s not the usual financial advising/investment stuff. It’s about taking control of day-to-day finances –managing monthly cashflow effectively, spending appropriately, getting out of debt, saving. If you're ready to take control over your finances, pop by her business site, YourMoneybyDesign.com

8 Comments

Bea Scott

looking forward to your sage advice.

[Reply]
nancyzimmerman Reply:
January 5th, 2011 at 13:29
Thank Bea!

[Reply]

Jan 05, 2011
Kate

Hey Nancy, looking forward to it. However I’m kind of flummoxed when it comes to budgets. I find if I track my spending very carefully (and when I was in grad school, I would get every receipt and put it into an Excel spreadsheet at the end of my day. Yep, anal but necessary) — I don’t need to budget. I have a rough figure in mind of how much I’m willing to spend each month on allotted categories, and then if I deviate from it (ie: spend less in toiletries one month and more on movie tickets), it still keeps my overall spending/saving in check.

Is that *kind of* like a budget? I feel like I may be doing it backwards!

Also something I’m really pleased with is that a few months ago, Royal Bank made tracking my funds/budgeting super easy because they integrated a system into my online banking experience. Have any thoughts on this?

[Reply]
nancyzimmerman Reply:
January 5th, 2011 at 13:29
Kate I will make a post specifically on budgets. I have a similar tactic which I’ll share. I didn’t know RBC offered such a service. I’m impressed. Currently I’m diving into mint.com now that they operate in Canada to see what I think, but it will take some time.

[Reply]

Jan 05, 2011
Money Rabbit

Hi Nancy, I just checked out your site today, it looks fabulous! I’ll be checking back in the future for more posts

[Reply]
nancyzimmerman Reply:
January 5th, 2011 at 13:28
Hi moneyrabbit! Thanks for popping (hopping? sorry. that was lame) by.

[Reply]

Jan 05, 2011
Morning Gal

This will be great Nancy; I need it so much, but, money dealings always make me nervous.

[Reply]
nancyzimmerman Reply:
January 5th, 2011 at 20:37
Money is such a source of anxiety for so many people, isn’t it. I think (and hope) some of my posts will help bring a measure of calm and confidence.

[Reply]

Jan 05, 2011