For a successful arrival to your destination you first need a map.  From that map you can determine the quickest and most efficient way to get where you are going.  The same goes for “life destinations”…you need some type of map. 

When looking at this map you can’t map out the best course if you don’t know where you are starting from so let’s start there.  Where are you right now, not where do you THINK you are but where ARE you?  To answer this truthfully spend some time looking at your finances.  Write down your debts (payment amounts, balances, interest rates), as well as your monthly expenses (utilities, mortgage/rent, water, insurance, gas, groceries, etc), then write down your income.

The first goal is to get your income amount larger than your expenses.  So add up ALL of your monthly expenses, subtract them from your monthly income and what do you find? 

If you have questions or need help with this, please don’t hesitate to reach out either by email (budgetwithcarla@gmail.com) or you can send a PM thru Facebook (Budgeting Basics-A journey to debt free living)

If you find that your expenses exceed your income and want help correcting this, contact me to schedule a Coaching Session ($25 gets a one hour, one on one session).  Together we will take a look and find solutions to get you to the next step toward paying off your debt and the ultimate goal of being debt free!