Ladies, it’s time you took yourself on a “money date”.

Woman&Finance #MoneyMonday tip

Ladies, it’s time you took yourself out for a ‘money date’

Don’t we all just love to go out for champers or late lunch/dinner with loved ones? To catch up and get to know what’s going on in their lives? While the idea of ‘money date’ might not be as appealing as the former; it can be very exciting and empowering.

What is a money date you ask? Well, it’s a date where you pop that bottle of bubbly/wine or drink some tea in a place where you feel the most comfortable and interrogate your financial situation. This is an honest conversation, either with yourself or with your partner.

I am not just talking about your budget here, although it plays an important part. I am talking about looking at your bank statement for the past three months and comparing it to your budget, looking at all your assets and investments as well as your debts and liabilities.

Just as much as you want to know the person sitting next to you at the dinner table, so do you want to know about your finances and intimately so. You are interested in them, you want them to reveal as much about themselves as possible. It is exactly the same with money. If you want to build wealth, you need to know where your money is going. From then on set actionable goals and timelines for yourself to achieve and smash your money goals.

For some it might be a very sobering exercise (with the wine and all) but this is good. It is a reason to get yourself back on track. On the other hand, if you are on the right track; this is time to reflect on what you have done right, give yourself a little pat on the back and set bigger goals for yourself.

It is time you took your financial future into your own hands, regardless of the situation you find yourself in. Honey, no one is coming to your rescue besides yourself. You are your answer. Make a habit of taking yourself out for a money date to keep track of your finances. The results will be worthwhile.

At the end of the day financial independence and building wealth is a choice, it’s what you choose to prioritise.