March Spring Clean: Day 14

It’s the last day of our March Spring Clean week of personal finance actions – and tomorrow is the start of Tenner Week! We have one more activity today to tidy up your cash flow before we start living on those budgets of £10.

Right now, it’s time to consider our personal priorities, and start to make some basic plans. Often, hoping for the best isn’t enough, and to really achieve personal goals we need to decide what’s most important and work out how we’re going to get there.

Consider making a shorter term plan, and a longer term plan. Try to make them as specific as possible (instead of ‘be rich’ you need to say have £X in savings etc), and make a sensible plan of how to get there, preferably with a time limit.

For example, one of my short term plans is to put £300 away for the Christmas fund, and put £300 back in my emergency fund. A longer term plan is to pay for further home improvements (although I really, really don’t want to see any more builders for a good long while, thanks).

You might like to pay off an outstanding bill, get rid of one or more debts, save up for a holiday, stick to a budget for 6 months, make some investments, create an emergency fund, pay for your studies, or whatever else you think is important.

What are your plans? How are you going to achieve them?

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If you’d like a full month-long Jump Start programme with lots of extra activities and resources – including a comprehensive Tenner Week – we’ve made one in ebook format that can be downloaded from Amazon. Find out more about the Jump Start 2013 ebook.

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