Little did I know when I posted my last blog in February that I would be weathering a financial COVID storm. As I began tax season, I did not know how life would turn upside down in the coming months. So much as has changed, including a tax season that never seemed to end.
I have noticed over the years that clients that have financial peace of mind also have is to sufficient liquidity or cash on hand/emergency funds. Having these funds available helps me and others feel a greater sense of abundance. It helps cover the financial chaos of life and the ability to pay for life as it happens with much less financial stress. That is financial peace of mind.
From time to time I have had clients that I believed need to do some work on budgeting. In, both, my professional and personal life I like to walk my talk or said another way practice what I preach. So, it was time for me start or rather restart my budgeting journey. I had struggled in earlier attempts as I dislike bookkeeping type work and after a “honeymoon” period usually stop the effort.