A while back, I wrote a series entitled “31 Days To Fix Your Finances,” a series of activities that can enable anyone to improve their financial status by centering your financial life around your own core values. Instead of supplying a bunch of budgeting sheets and asking you to commit yourself to a program, this series is about figuring out what you want out of life and reorganizing your finances so that you can have it.

While you can read all of the entries on the website (see below), I have also collected all of the entries together into a single downloadable PDF file and polished it for easy reading and printing.

Great! How can I get it? If you would like this file, click this link. It will take you to a special PayPal page, where you can pay $2 securely and safely and download the file.

What’s Inside?

Stage 1: Figuring Out Your Goals And Values

Day 1: Your Five Main Values
Day 2:

Defining Your Goals From Your Values
Day 3:

Create A Plan For Each Goal

The underlying challenge that most people have with their finances is that they see money as distinctly separate from the rest of their life. Money is an antagonist, an enemy that keeps you from doing what you want to be doing. The truth is that money is merely a tool, and when you find yourself feeling as though money is an antagonist, it is no different than a person attempting to learn how to use a heavy sword; it’s unwieldy and dangerous.

The first step for learning how to integrate money into your life and use it successfully as a tool is to figure out what exactly you wish to build with that tool. Without underlying values, goals, and plans, money is no different than swinging a hammer around without building something. Thus, this first stage is crucial: what exactly is most important to you, and what will it take to adequately support those values?

Stage 2: Evaluating Your Situation

Day 4:

How Much Did You Earn Last Year?
Day 5:

How Much Did You Work Last Year?
Day 6: Your True Hourly Wage

Once you’ve figured out what is central in your life, it’s time to take a serious look at what you have to work with. How much do you make, and how much time do you spend making it? This seems like an easy question, but it’s not. How much of your income do you spend maintaining your job, via transportation, career development, clothing, and so forth? And how much time do you spend doing things devoted to your job, such as going to work, coming home from work, attending work-related functions, and so on?

When you calculate these new numbers, you might be shocked both at how much time you actually spend working in an average week, as well as how little you actually earn. You can drive this point home especially clearly by calculating a number that we’ll use throughout the month, your true hourly wage. How much do you really make for each hour that you spend devoted to your job? It’s not nearly what you might think, and that alone might shock you into considering some different avenues.

Stage 3: Building Your Own Life Budget, Not Following Someone Else’s Prescription

Day 7:

Work For Your Dreams, Not Your Money
Day 8:

Breaking Down Your Expenses
Day 9:

Cleaning Up Your Expenses
Day 10:

Fitting Your Expenses Into The Bigger Picture
Day 11:

Dividing Up The Rest and Finishing Our Time Budget
Day 12:

A Flexible “Budget” That Reflects Your Reality

Once you’ve taken a hard look at what you actually earn, you can begin to set up the basic framework of how to spend that money that is in line with your personal goals. This isn’t about printing out worksheets and trying to jam your life into the pigeonholes that someone else has created for you; instead, this is about defining how you spend money and working from there.

It’s almost unfair to refer to this as “budgeting,” because budgeting carries with it some very bad connotations, much like putting on an uncomfortable suit. This process is much more like going to a tailor, who uses you as the basis to construct a custom suit that fits you. This process will create a custom budget that fits your life with your values and goals as a basis. We’re not talking about restricting you to spending $20 a month on “dining expenses,” but instead creating a structure where you can decide what’s appropriate because you can see how it relates directly to your dreams.

Stage 4: Looking At Your Life, Piece By Piece

Day 13: Pay For Your Dreams First
Day 14:

Get Rid Of Debts (Slowly But Surely)
Day 15:

Coming In Under Budget and An Emergency Fund
Day 16: Evaluating Your Expenses – Home and Auto Insurance
Day 17:

Evaluating Your Expenses – Life Insurance
Day 18:

Evaluating Your Expenses – Energy
Day 19:

Evaluating Your Expenses – Automobiles
Day 20:

Evaluating Your Expenses – Food
Day 21:

Evaluating Your Expenses – Housing
Day 22:

Evaluating Your Expenses – Monthly Services
Day 23:

Evaluating Your Expenses – Bank Fees
Day 24:

Evaluating Your Expenses – Entertainment and Hobbies
Day 25: Evaluating Your Expenses – Credit Cards

Once you’ve got a basic budget in place, it’s well worth spending some time carefully evaluating those numbers that represent you and see if there are any places where there is excess fat – and simply trimming it away. Is your electricity bill pretty high? Maybe there are a few simple ways to reduce it. Getting tired of paying that life insurance bill? Maybe you don’t need it at all – or can utilize something less expensive. Getting dinged over and over again with bank charges? Look at what they’re charging and do something about it. Credit card finance charges eating you alive? There are some easy ways to reduce them.

We’re looking for ways to trim away fat (things that make you uncomfortable when you look at them) so that the meat (your goals, dreams, and values) have room to thrive. You don’t have to eliminate that daily latte if it brings you joy – just look for the many things you can do without or that you can reduce without significant pain and you’ll have the money to chase your dreams.

Stage 5: Setting The Stage For Lifelong Success

Day 26: Refining Your Budget
Day 27:

Keeping Good Records
Day 28:

Preparing For The Inevitable
Day 29:

Paying Cash
Day 30:

Live What You Love
Day 31:

Keeping It Up

Now that the complete package is coming together, there are some basic methods for keeping the momentum going. What do you do with the fat you’ve trimmed away? How do you keep track of all of your financial information so that it’s not chaotic and incomprehensible? How do you ensure that you’re not ensnared in loan debt over and over again? How do you keep this good thing going?

If you follow this plan and keep these principles in mind, you can easily live your dream. It’s all up to you, and it takes just an hour a day for a month to get things going.