90-Day Money Reset, Step 7: What are you promising to "future you"?

Welcome to the 90-Day Money Reset! Over the next 30 days, I'm going to walk you through 9 simple steps to help you clear the overwhelm, get clarity on your finances, and finally put a plan in place that works. This post covers Step 1 and if you'd like to receive each next step directly in your inbox as we go, just click here to join the challenge and I'll guide you through the rest of the reset, one step at a time.

Step 7: Bucket Breakdown 2.0

Does your current spending match the life you want? Give it some thought... Remember your 10-year vision?

In today's challenge I really want you to lean into what your future self needs you to do today. A better financial future does not just happen by chance, you need to be intentional. Let me help.

Here's what we're doing today:

• Look at your bucket allocations (Wants, Needs, Invest) from step 3 and your spending breakdown from step 2.

• If we cut away all the noise and just focus on what you're planning for Future You, it will include goals like:

  • up skilling yourself through paid courses or going back to university

  • visiting the Mauritius resort you've always wanted to

  • playing golf in St Andrews

  • sending your kid to a university abroad

  • changing jobs to something you've always wanted to do even if if pays less

  • starting a charitable foundation to help a cause you're passionate about

Which goals do you have that are unique to you, which will make your life and hard work worthwhile, or allow you to achieve the change you've always wanted?

Now, how can you effect change?

1. What % of your income are you allocating to Future You? At least 20%. This will include funds invested towards retirement.

2. Calculate the amount as a % of your income, eg. $10'000 (your income) x 20% = $2'000 per month

3. Look at what you're currently putting towards your "Save & Invest bucket" compared to what you want to achieve, is there a gap? And how big is it?

4. List what items you are going to cut back on to make this happen. Make it realistic, so that 90 days from now, you'll still be on track.

5. Now look at the amount you're promising to "Future You" - the 20% of income - and plan which goals you're allocating it towards.

If you’ve come this far and want to get a system that will help you dig deeper into all these steps and help you track this going forward, Your Money Gameplan can do this for you. There is also a couples version, specifically for those who want to do it with their partner.

By the end of the Gameplan, you finally have a clear picture of where you are, where you're going, and what needs to happen each month to get there. Calm. Confident. In control. That's the feeling on the other side of this.

Take Me Into the Gameplan →

We're on the home stretch now.

Only 2 steps left!

Speak soon,

Carla