Are You Off Track?

Have you ever heard someone say that their finances are off track? Maybe you’ve said it yourself. Is your spending off track? Is your retirement off track? How do you know? If you aren’t living on a budget, or if you don’t have a written plan for the future, how do you know if you’re off track? You’ve got to be following a track in the first place to be off it. So many people are just off randomly charging through the trees and brush with no idea where they are going.

Are you one of those people? If you don’t have a monthly spending plan, you can’t be off track because you aren’t following one in the first place. Before each month begins you should look at what money is going to be coming in and what money needs to be going out. Prioritize those expenses so that if you have too much month left at the end of your money, you’ll know what has to be pushed off or skipped. Make sure your top priority is giving to others. You should be giving a portion of your money to others to help establish the proper priority for money in your life. After that, you need to focus on the basics, shelter, food, basic transportation and clothing. Everything else has to come after that. Don’t let a credit card debt take priority of your house payment or putting food on your table.