At the beginning of each year, many people think of it as a time to start new things or change things. Two of the most common areas people want to improve are weight loss/working out and finances.

With either area, it works best to take small steps instead of trying to make big changes overnight.

I saw a recent post on the Life as Mom blog about completing a Financial inventory. Take a look at your expenses, assets and liabilities. It may be difficult to face your finances but they will not improve by ignoring them. The sooner you take action the faster you may be able to attain your goals.

By seeing where you stand financially you can more easily take steps towards your goals. If you don’t know where you stand financially you will not know what you can accomplish. Also, by taking a look at how you are spending your money you may find areas where you can cut expenses.

Also, if you are married or in a relationship it is a good time to sit down to make sure you are on the same page with finances and your goals.

Another site with information on taking control of your financial life is Feed the Pig. Money Trail is a free online allowance and money management tool for teens and families.

Another resource is Financial Peace University by Dave Ramsey. It is a 13 week course covering a range of different areas about budgeting, spending and other topics. It is offered by many churches and other institutions around the country.

Also feel free to contact me if you have questions or want assistance with getting your finances in order, nancy@in-theblack.net or (701) 293-8808.

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