Learn to manage your money well.
It’s the beginning of a new school year and a great time for beginnings. As my kids get ready for school in the morning, I’m focused on habits and setting the standard for the year. If one forgets to brush her teeth this week, we’re going to have trouble the entire year. I’m also setting new goals for myself (isn’t this the second “New Year’s” for resolutions?) I’ve got my water drinking chart taped to my wall and I’m filling it out daily, checking off those 8 glasses of water. Years of being an over-achiever have taught me I have a limit when it comes to goals. I might think I can get up daily at 4 a.m. to run, but that also might be the quickest path to quitting and failing. Small changes work well when it comes to long-term change.
The same is true with our money habits. Trying to get rich overnight often ends in burn-out and failure, but making small, incremental contributions will result in big earnings and long-term success.
“You will find joy in overcoming obstacles.” Helen Keller
When it comes to saving, start with a small amount but remain committed to that amount over the long haul. Practicing what I preach, I’ve drafted and committed to the following plan for the duration of my kids’ school year: I’ll let you know in June how everything turned out and what I learned.
Photo Credit: @forrestcavale
This article is published on KansasMoney.gov.