A Virgo like myself finds the idea of a new start exciting. It’s a time to get reacquainted with goals, assess progress and set the tone for the days ahead. I love a fresh start – whether it’s a new year, new month, or a new day! I think we can all leverage the power of the “fresh start” to get motivated and inspired to work towards our goals.
A fresh start is something that can happen in all areas of your life. However, it can also be a great catalyst to help you manage your money. I’ve been budgeting (and teaching budgeting) for many years, and the start of a new month is a special time for your money. Continue reading to learn 5 money tasks you can do at the beginning of each month to ensure success.
Five Money Tasks to Complete at the Beginning of a New Monthly
#1 Organize your monthly budget
If there was any money task to do at the start of a new month, it’s this one: create your budget! It may seem like an obvious task but it must be done. A financial plan for the month can be created by having a budget.
You are able to understand what money should be saved and how it should be spent. You know how much money you should be bringing in. These are crucial things to understand…