Wednesday, October 26, 2011

Millionaire Status - K. Matthews

Several years ago I read T.D. Jakes' The Great Investment, and Glenda Bridforth's  "Girl, Get Your Money Straight."  It was what I needed at the time to . . . well, get my money straight.  I had a job that paid well (in exchange for a ton of hours that took away from my family), and like any woman, I appreciated new snazzy shoes and a nice outfit, but I was hardly a shop-a-holic. None-the-less, I couldn't figure out why I couldn't rise above living from pay check to pay check. Something had to change.

The Great Investment: Balancing. Faith, Family and Finance to Build a Rich Spiritual LifeGirl, Get Your Money Straight: A Sister's Guide to Healing Your Bank Account and Funding Your Dreams in 7 Simple StepsAs I read these two books, I became empowered to be a big girl and face my financial challenges. Actually, being a big girl was not enough - I had to be a grown woman. I had to look at how and where I spent every dime, create some strategies for reducing my debt, and build a solid savings plan. It took focus, discipline and sacrifice, but I was so proud of myself when I could pull up my bank account without biting my nails hoping that a check I'd written didn't make it to the bank before my paycheck. I no longer had to shy away in embarrassment from someone who said "how's your credit?" And I can still remember the day I was able to truly confess that I owed nothing to any man, a confession our church congregation stated every Sunday, in faith.

Since that time, I've maintained my great credit rating but have only done an "okay" job with managing my finances.  But I plan to be a millionaire. Just doing "okay" is not going to get me there. If it's a true goal, it will take constant focus and strategy. Which is why I'm so excited about www.mint.com, a financial website that tracks every single account I have (even PayPal), categorizes my spending, helps me to set realistic and financial goals and keeps me on focus. It shows with a click my current net worth, debt to income, available cash, and will even track my tax related expeditures.

I'm loving it. It's definitely going to help me to keep track of my millions.

'Keeping my money straight' - Kimberly

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