Steve Bridge explains how to align your spending with what actually matters to you. Identify your priorities first, whether that's retiring at 60 or funding a family vacation, then track where your money goes to see if it matches. The gap between your goals and your spending is where change happens.
I love that you mentioned goal setting because it is the first place I start with my clients when I work with them privately. But also, when I do financial literacy presentations, start with what's most important to you. Is your money going towards what's most important to you? And from a place of knowledge, from a place of understanding where your money is going, then an employee is in a better place to make decisions. Is my money going towards what's most important to me? As you mentioned, setting those goals. So, maybe it's financial independence by age 60 or saving up for a vacation next year, a big family vacation or something like that, or buying a new car. Is my money going towards that? And examining needs versus wants.
