It’s Resilient Finance week at Trish TV and this strategy is fabulous for getting on top of your income and outgoings even if your income is unpredictable!
Disclaimer: This is not personal financial advice and does not take into account your individual circumstances. You alone are responsible for your financial decisions because you are a grown up!
Thanks to Barefoot Investor, Scott Pape for the reference to the Mojo account and to Martin Morris for the “buckets” imagery. 😀
Create sub accounts at your bank and label them for your fixed and flexible categories of outgoings. Be sure to include a “Fun” account or “Mojo” account (for getting back your mojo).
You may want to include a “giving” account so you are ready to donate to anyone or any cause that touches you.
My Auntie Lesley told me young brides should have a “running away from home” account. Just knowing it was there and they can leave if they want, frees them to stay.
If you have a mortgage, using offset accounts can help reduce the interest you pay.
Talk to a financial professional before making major decisions (just beware they are paid on commission, too! :).
The strongest prison bars are in your head and it’s time for a jail-break! Entertaining and engaging, inspirational, motivational speaker Trish Jenkins delivers virtual (online) and live keynotes, workshops and interviews for leaders and teams on how to build resilience, adapt to change and love leadership. She is an author on financial due-diligence, and has a book out on her prison experience after unwittingly working for a fraud in a mutual fund. Trish enables people to break out of their prisons of self limiting beliefs so they can achieve their potential in life, leadership, sales, service and business. Find out more and book Trish for your event at www.speakertrishjenkins.com Thanks for joining me today! Please like, comment and subscribe. Click the bell to be notified when new videos are up! More samples, reviews and how to hire Trish for your group at www.speakertrishjenkins.com Ministry: www.trishjenkinsministry.com LinkedIn https://www.linkedin.com/in/jenkinstrish/ Facebook @TrishTVpodcast Podcast “Build Resilience with Trish Jenkins” Instagram trishjenkinstv Click https://square.site/book/3TPK6YD6HK7E8/trish-jenkins-international to schedule a meeting by phone or online. If booking from outside Australia, use Trish’s phone number +61 418 556 198 #trishjenkins #buildresilience #beatcovidblues #overcomeadversity #mindset #howtobebrave #courage #Australianspeaker #inspiring #inspiringspeaker #inspiringconferencespeaker #inspiringwomensspeaker #womensspeaker #covid19 #isolation #workfromhome #wfh #mentalhealth