Building Financial Resiliency
We focus on developing sustainable spending and saving skills to ensure you can escape from financial fragility and meet your short- and long-term financial goals.
To accomplish this, we do the following:
- Determine your current level of monthly spending, including understanding what is discretionary versus mandatory.
- Determine your current level of indebtedness, along with the interest rate for each outstanding loan.
- Create spending and saving targets to pay off your debts within an acceptable timeframe.
- Develop spending strategies — including suspending all discretionary spending — until you’re meeting your targets. This includes shifting all spending from credit to debit cards, except for true emergencies.
- Track your monthly spending, saving, debt repayments, and outstanding loan balances and make adjustments as necessary.
- Repeat until you’re debt-free.
The goal is to increase your financial resiliency and get you back on track.
I offer a reduced and affordable fee for those experiencing financial stress.