Donell Edwards, Blogger
About Donell Edwards: Donell Edwards is President of CWR Media and is also founder and publisher of The College World Reporter (CWR) magazine and CWR World News & Information Service. He is also a professional speaker, freelance writer, and entrepreneur.
To book Mr. Edwards to speak at your next event, contact:
Donell Edwards Enterprises
13111 W. Markham St.
Little Rock, AR 72211
Know Your Money
Friday – April 24, 2015
Financial Literacy Month 2015
A Call To Action
By Donell Edwards
As we approach the end of Financial Literacy Month 2015, it is time to take action if you are really serious about getting your finances in better condition, regardless of your station in life.
We have covered much over the past three and one-half weeks, and there is more to come next week.
I highly recommend the Money Management International Thirty Steps to Financial Wellness program as a means of starting and successfully maintaining your personal money management. If you already have your finances in good condition, this is still an outstanding program to implement to review what you are doing and to improve on your efforts.
If you have been following our blog on a daily basis you know that some of the program may be easily implemented, while other elements involve time and effort and may take longer, some even being done on a continuous basis.
So, don’t be overwhelmed. Make the commitment to do whatever it takes. Stick with this program and make it work for you.
Check back a year from now on your progress and you will be surprised how far you have come.
One of the very important things I want to focus on to day is making sure that you are already saving, or that you are working toward saving on a regular basis, and that you know what your best options are for saving.
We have provided some great information in past posts on this blog about saving. One method that I particularly like is the 52 Week Savings Plan. This plan helps develop the habit of saving by starting out with only a dollar a week and increasing the amount in increments of one dollar each week. You may learn more about this method if you are not already familiar with it clicking on the link in this paragraph.
We also provided options on where to save in our blog post of May 16, 2014, Making The Most Of Your Savings. You may read that post here.
I am aware that some reading this blog may have challenges that make it very difficult or even prohibitive for them to save at this time. I encourage you not to give up and make it a goal to do all of the things necessary to get into a position where you can save. How do you do that? In the credit.com blog post, “10 Ways to Save Money When You Make the Minimum Wage,” there are many suggestions to help you. Just click on the link above to read the article.
My challenge to you is to make the most of this Financial Literacy Month and start making money smart decisions, use the Money Management International Thirty Steps to Financial Wellness plan, and make sure that start or continue saving.
Here is today’s step to financial wellness from Thirty Steps to Financial Wellness developed by Money Management International:
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Disclaimer: I have a Bachelor of Business Administration degree but I am not a financial adviser. However, I have acquired years of knowledge about personal money management through my life experience working through my own personal finances that allows me to share that knowledge with readers of Know Your Money. The Know Your Money Blog posts written by me are my own common sense observations and opinions and are for informational use only. Although my blog includes contributions from experienced financial professionals, please make your own financial decisions based on personal research or contact a financial adviser.
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