In this video we will discuss in detail the pre designed budget worksheet that can be used to manage your finances and eliminate stress. We will go step by step through each part f the worksheet and explain how to use it.

We have completed our roadmap and discovered the way to Living Free From Financial Stress. Now the work begins! We must implement and maintain the plan that has been identified. Along the way we will need a little refresher to keep us focused on doing the correct things. In this finial episode we will conclude our series by putting together a quick overview of the main parts of our plan. This will become a quick and easy resource to pull up and review when we need that refresher. I hope this study has benefited you and that you will begin to see immediate results as you put into practice the steps we have learned together.

If you are on a journey to a place you've never been before you will need a roadmap. Maybe you've actually been there before but you forgot how to get back. That can be the case with living without financial stress. Whether it's a place you've been before, or some place you've never been, this episode will lay out the roadmap to help us get to the place called "Living Free From Financial Stress." Jump on board and let's begin the journey together.

To live free from financial stress, there are two bricks that must be laid in the foundation of our lives in order for this stress free plan to work. If these two things are not true about our life, nothing else we try will work when it comes to managing money without stress. Ironically, the amount of money we have is not one of them.

As we begin down the road to living free from financial stress, the first stop on our roadmap is "Why is it so important to understand how to manage money?" Is managing money really that critical? Can't we just look at our bank account and if we have money then we can spend it? What's so complicated about that? If that is what you think, you are the perfect example of why it's important to understand how to manage money, because that is not money management! The second stop on our roadmap is "What is really going on when we experience financial stress?" Isn't the real issue that we don't have enough money? We just need to get more money and that will solve all our probelms. Once again, that's why we need to talk about what is really going on. If you think the amount of money is the real problem, you will always have money problem. The amount has very little to do with living free from financial stress. Don't miss this episode of Living Free From Financial Stress!

Learning to manage money can be simple or it can be complicated. The first thing we've got to understand is what is meant by money management. When we talk about money management are we talking about balancing a check book, creating a budget, saving money, investing for retirement or just deciding when and where we want to spend our money? True money management actually includes all of these and more. In this episode we will define what money management is and then talk about the basic characteristics of good and bad money management.

When it comes to managing our money there are some practices and habits everyone should avoid. That doesn't mean that we won't make mistakes. Everyone makes mistakes. However, by avoiding these basic BAD practices, we can eliminate most of the mistakes and at least limit the mistakes to those that are not devastating.

There are lot's of things that wise money managers do. However, there are 6 things I believe all wise money managers should do. In this episode we will learn what these are and take another step on the roadmap to Living Free From Financial Stress.

The first step in developing a money management plan is to gather the financial data. Having real life data will enable us to put together an honest assessment of where we are financially based on what we're actually doing with our money. Guessing will only create doubt and an unrealistic plan that doesn't work. The first thing we need to know is how much money do we make (income) and what are we actually spending our money on (expenses). This episode will show us how to get that information so that it is correct. Buckle up for some shocking information that will ultimately help us eliminate the unknown and do away with the stress.

The second part of building a money management plan is to understand 4 other aspects of making the plan work accurately. There are two areas other than income and expense that must be a part of this plan. Debt and savings. These are often left off money management plans and they can be the main cause of stress and disaster if we are not careful. Once we have the data, we must build a budget with all this information and then manage the budget on a regular basis for it to work. In this episode we will discuss how to do all of these things and get us closer to living free from financial stress.