The year is over. At this point, many of us put off any changes we might be thinking of making until after the New Year. But why wait when you can start now? There's still time left to achieve some reasonable but meaningful financial goals before the calendar flips to 2019.
Check Your Credit Report
If you haven't checked your credit report yet this year, you may want to before the year ends. All three credit bureaus – Experian, Equifax, and TransUnion – offer free credit reports annually. Even if you have checked your credit report at some point during the year through one credit bureau, it's not a bad idea to check another before the year is over.
Checking your credit report is an important habit to get into. It will allow you to get a better grasp on your financial habits and what is affecting your credit score. It will also help you spot any errors. If there is a mistake on your credit report, your credit score may be getting unfairly docked. When you spot a mistake, you should first approach the credit card company to see if it can be resolved. If it can't be resolved, you may want to consider filing a dispute. Checking your credit score at the end of the year is also an excellent way to decide what financial goals you may want to set for yourself in the New Year.
Review Your Budget
You certainly don't need to wait until January to take a look at your budget. Realistically, you'll only need to set aside a few hours to go through it, if that. Again, even if this is something you've done at another point during the year, it's wise to revisit it to ensure you're on track. Spending tends to vary by season, so you may have strayed from your budget since the last time you checked.
First, gather all the materials you will need to track what's coming in and going out each month. Then, decide how you're going to record everything. Go with what you're most comfortable with, whether that's writing things down by hand, keeping digital records, or using an app. Be sure to include everything. If you have supplemental income outside of your primary employment, add that. And on the other hand, be sure to keep track of every bill and expense that's going out. Once you see the numbers, you'll be able to see what your situation looks like and whether there are areas where you can cut back.
Give Your Debt Some TLC
At this time of year, a lot of us are adding to our debt rather than subtracting from it. Instead, take the end of the year to review where you are with debt. How much do you owe? How many different accounts do you have? Are you making progress the way you want to be? By answering these questions, you'll have a better idea of what your situation is heading into the New Year. Then, you'll be able to create an actionable plan going forward.
If you've already had a plan in place, take a look at whether you need to make any adjustments. Additionally, ask yourself if you had a solid plan set and didn't stick to it. How will you hold yourself more accountable in the future? Does the method need to be altered to suit your situation better? Carefully examining and asking yourself questions about your debt will allow you to have a clearer vision heading into the New Year.
Check-In On Your Retirement Savings
If you've been having retirement contributions automatically deducted from your paycheck all year, you may have neglected to check in on how your retirement is actually doing. The end of the year is the perfect time to take a look. Gauge whether you've saved as much as you'd hoped by this point. Ask yourself if you're contributing as much as you can afford. Also, consider whether you're contributing the maximum amount your company will match. If you can manage to up your contribution, that may be an excellent goal to set for yourself for the New Year. The sooner you start saving for retirement – and the more you save early on – the better off you'll be. Because of compound interest, you'll need to contribute less the earlier you begin to save. If you haven't begun saving at all yet, look into the steps you'll need to take to start saving before the end of the year.
We're in the home stretch of 2018. And by nature, the end of the year is a great time to recap how things have gone for the past 12 months – in every aspect of life. When it comes to your finances, you don't need to wait until the calendar flips to start accomplishing things. Many tasks that can improve your financial health don't take much time at all. By taking the time to achieve these goals before the year is over, you can position yourself for a strong start to the New Year. You'll know what your financial situation looks like, and you'll have an idea of what your resolutions for next year should look like.
We are living in a time when women are rising to new heights which means they are regularly being confronted with the fear of being "too much". For women in business this is pervasive and costly.
A few ways women can be perceived as "too much" are:
Speaking up about their successes and achievements.
Sharing one too many photos of their cute kids.
Telling one too many people about that date night.
Looking a little too good in that swimsuit.
These can lead to being publicly attacked on social media or privately slandered which in turn leads to women dimming their light and walking on egg shells in hopes of avoiding conflict and judgement.
The minute a woman feels it's unsafe to shine she will begin to overthink, worry, and fear how she shows up in the world.
Forgetting to announce the book is done and the interview is live.
Choosing to focus on what's still on the to-do list rather than what's been checked off.
Many female entrepreneurs are subconsciously altering their behavior in an attempt to not attract too much attention to themselves, rather than focusing on allowing authenticity and magnetism to attract their ideal clients and community.
Women are afraid of being criticized, ostracized, and abandoned by other women for simply being who they are. This leads to quite the quantum when being who you are is simplest way to accelerate the growth of your business.
New research shows men are far more comfortable with self promotion than women are. Researchers found that men rate their own performance 33 percent higher than equally performing women. What we know is that self promotion pays off and this is where women are missing the boat.
The world needs more women to step into leadership roles and no longer be intimidated about creating six and seven figure careers.
Here are five ways to release the fear of being "too much":
1. Approve of yourself.
While it feels good to receive outside validation it will never be enough if you don't first appreciate yourself. The key to having a healthy support system is to make sure you are part of it. Being your biggest critic is what your mother's generation did. It's now time to be your biggest cheerleader. Becoming aware of self talk will reveal what belief is ready to be re-wired. Create a simply mantra that affirms how incredible capable you are.
2. Connect deeply to those you serve.
One powerful way to shift out of people pleasing behavior is to get clear on who actually matters to the wellbeing and success of your life and business. Leadership is not about being the most popular, instead it's a decision to be brave for those who can't be. Take a few minutes each day to visualize and meditate on those your business serves and supports. See your future clients moving toward you every time you choose to stand in your power and use your authentic voice.
3. Remember the legacy you wish to leave.
Having your life purpose and legacy in writing is one of the most transformational exercises you can do. Reading this often will keep you focused on what matters. Knowing what you wish to leave in the hearts of those you love most is incredibly grounding. You didn't come here to keep your mouth shut, dilute your truth, or dim your light-you came here to make a difference.
4. Forgive those who have been unsupportive in the past.
The past has a way of informing the future in a negative way when there is unresolved pain. Take a few minutes to get quiet and ask yourself who you have unforgiveness towards or maybe their name came to mind as you read this article. Listening to a forgiveness meditation or writing a letter to the person you are ready to forgive are both simple and effective ways to process and heal.
5. Be part a community of bright, successful women.
Meaningful relationships with others who have similar aspirations is what will keep you out of isolation and playing small. These connections can happen in a networking group, online community or a local Meetup. Thriving in every area of life is depend on you knowing where you belong and being celebrated there. Don't wait to be invited, go actively seek out people and places that support your dreams and desires.
6. Accept you can have it all.
Women have been fed a lie for generations that says, you can have love or money. Decide you can have it all and allow it to flow to you. You can have a successful career and an amazing mother. You can balance motherhood and loving marriage. Don't let anyone write the rules for you. This is the time to create the life you desire on your terms.
7. Celebrate everything!
The fastest way to leave the haters in the dust is to celebrate everything! At the end of each day lay in bed and recall the best moments. At the end of each week, publicly acknowledge and celebrate what's good in your life. Once a month, have a celebration dinner and share it with those who have helped you in the journey. If there's something good happening, talk about it with everyone who will listen!
May you be a woman who chooses to shine so that others may be reminded of all they can be and do.