Your Last 100 Financial Transactions

I’m writing a series of blog posts focused on financial vision.

Let’s get personal for a minute. Take a look at the last 100 financial transactions you’ve conducted. These transactions include debit cards, credit cards, checks, cash apps, paycheck deductions, investments, giving, and automatic drafts/payments.

What do your financial transactions reveal about you?

There are many words that can describe “who” we are when it comes to money: Giver, Taker, Saver, Spender, Wealthy, Broke, Investor, Earner, Giver, Debtor, Owner, and Manager are just a few. When you look at your financial behavior, what does they say you are?

Here’s the big money question: Does your financial behavior reflect who you want and desire to be?

This is such a monumental question because it is the vision question. It demands a heartfelt and thorough evaluation of where we are and where we desire to be.

I just looked through my last 106 financial transactions. We had 88 outgo transactions for a random assortment of bills like subscriptions, utilities, automatic payments, and gasoline. We had 2 giving transactions, 6 investment transactions, and 10 deposit/saving transactions. I would certainly like to have less outgo transactions. I’m happy to see the giving, saving, and investing transactions. They have not occurred by accident! It is the result of a clear vision that Jenn and I have for our lives and for the money we’re entrusted to manage. We have to fight for the vision every single day – especially with three children, a home to maintain, and the busyness of life.

What do your last 100 financial transaction reveal about you? I dare you to review them.

Do You Have a Vision for Your Money?

Do you have a vision for your money?

When you receive those precious Washingtons, Lincolns, Hamiltons, Jacksons, and Franklins, do you have a clear idea for the utilization of each one of them? Or is that money dead on arrival – doomed to be sent on their way without advancing you toward your life’s plans, hopes, and dreams – your Fully Funded Life?

Without a clear vision, it is highly likely that the money will disappear with little to no progress. After all, there are so many things competing for your dollars: Housing, Utilities, Kids, Food, Student Loans, Automobiles, Insurance, Gasoline, and everything in between! When we experience financial setbacks, which will occur often, it can be easy to just give in and give up saying soothing statements like:

  • “We just can’t ever seem to get ahead financially.”
  • “We’ll never win with money.”
  • “I need to win the lottery.”

I encourage you to write down your vision for the money you’ll be receiving between now and the rest of the year. You’ve still got eight months to experience a massive shift toward your preferred financial future. One tool that has helped Jenn and I stay focused is a monthly budget. We always operate with a financial plan that looks out at least 12 months into the future (using this free annual budget template).

MONDAY MONEY TIP PODCAST: Spring Clean Your Money

Episode 42 of the Monday Money Tip Podcast is LIVE! This week, we are going to discuss some different ways that you can “spring clean” your finances and even eliminate some expenses in time for summer. In our Current Money Events portion of the podcast, we will revisit some ways that you can have a debt-free vacation this year! Finally, we will share a success story from an individual who recently attended one of our live speaking events and paid off his car!

It’s our goal at the end of each episode that you gain hope and encouragement in your financial journey, you’re equipped to take the next step, and that you’ve had FUN with us!

Find the Monday Money Tip Podcast HERE. Please let us know what you think by leaving us a rating!

Email info@iwbnin.com to ask questions or share success stories.

NOW AVAILABLE TO DOWNLOAD:

iTunes
Stitcher
Spotify
Website
YouTube

About the Episode:

  • We will discuss how to have a debt-free vacation in our Current Money Events segment.
  • Hear a success story from an individual who attended one of our live events and has since paid off his car and saved a month’s worth of his salary.
  • We will explain some different ways to “spring clean” your finances this season.
  • Learn how to let go of some unnecessary expenses in time for summer.

Resources:

IWBNIN Next Steps: Insurance
Mini-Budget Tool
IWBNIN Ladder
8 Tips to Spring Clean Your Finances Article
8 Tips to Spring Clean Your Finances Article 2

Quote of the Day: “Have nothing in your house that you do not know to be useful, or believe to be beautiful.” – William Morris

 

MONDAY MONEY TIP PODCAST: Tax Issues You Should Know

Today is tax day in the United States! On today’s episode of the Monday Money Tip Podcast, we want to share the top two or three things that you should pay attention to in regards to your taxes this year. We will discuss historical growth in the stock market in our Current Money Events portion of the podcast. Lastly, we will share a very special success story from a group of individuals who participated in our group study and was able to save over $10,000 and pay off over $14,000 in debt!

It’s our goal at the end of each episode that you gain hope and encouragement in your financial journey, you’re equipped to take the next step, and that you’ve had FUN with us!

Find the Monday Money Tip Podcast HERE. Please let us know what you think by leaving us a rating!

Email info@iwbnin.com to ask questions or share success stories.

NOW AVAILABLE TO DOWNLOAD:

iTunes
Stitcher
Spotify
Website
YouTube

About the Episode:

  • In our Current Money Events segment, we will discuss historical growth in the stock market.
  • Hear a success story from a group that participated in our small group study and saved over $10,000 and paid off over $14,000 in debt.
  • We will share the top two or three things that you should pay attention to when it comes to taxes.

Resources:

IWBNIN Debt Calculators
Compound Annual Growth Calculator
IWBNIN Group Study
Paycheck City Calculator

Quote of the Day: “The only difference between death and taxes is that death doesn’t get worse every time Congress meets.” – Will Rogers