The theme for this week is: Small Changes. Big Results.

You know, when you make changes in your life, they don’t always have to be massive, earth-shattering, blow up your world kind of changes in order to make a difference.

Sometimes, small changes can have massive results too. And actually, because small changes are so much easier to make, we can circumvent the brain’s freak-out-what-have-you-done-to-me! reaction, making it more likely that we’ll stick with our small changes in the long-run. This is not just me BSing you. This is actually backed by science.  

So let’s talk about one small thing you can do with your finances that can have lasting impacts on your money and retirement security: Budgeting.

Ugh, she said the dirty B word! I know. A budget. It sounds like the least fun thing in the world, but if you haven’t yet figured out how to stick to a budget, you’ll be in for a rude awakening when you retire.

Please, listen closely to what I’m about to say...Rare is the retiree who doesn’t need to be mindful of and stick to a budget. When you’re retired and living on a fixed amount of money for the rest of your life, is not when you want to be learning how to budget.

So if you don’t track your income and spending, start now.

And here’s why I lumped this topic in the small changes category. Because technology has come so far in this area. There are great tools now that can basically budget for you, so they have taken most of the time, headaches, and number crunching out of the equation. Just google budgeting tools or budgeting app, and you’ll find a smorgasboard of options to choose from.

So get to work and just start tracking where your money goes every month. That’s a great first step and technology has now made this an easy first step too!

Thanks for listening!

My name is Ashley Micciche and this is the One Minute Retirement Tip.

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