As we finish up The Everygirl’s January Challenge for 2024, one area that many of us can improve upon as we start the new year is our financial success. No matter where you are on your financial journey, there are always steps you can take to enhance it. Whether you’ve cleared your debts and want to focus on saving and investing or you aim to stick to a budget this year, there are ways to elevate your financial well-being. This week, we present a series of activities designed to help you adopt an abundance mindset as we conclude the first month of the year.
This week on The Everygirl Podcast, we talk about financial wellness with Holly O’Neill, the President of Retail Banking at Bank of America. The challenge this week extends beyond just understanding financial wellness from experts. It involves exercises, prompts, and guides to set you up for success as you work to enhance your financial relationships and strive towards your goals for the new year. Here’s everything you need to complete the final week of the January Challenge.
Monday: Read “Financial Wellness is the Key to Reaching Your Money Goals This Year—Here’s How to Improve Yours”
Before achieving financial wellness, it’s crucial to understand what it entails. This article outlines five simple steps to help you achieve financial success, giving you the tools you need to pursue your financial aspirations confidently. From establishing a budget to initiating an emergency fund, this article provides a starting point for your financial journey.
Tuesday: Listen to “How to Improve Financial Wellness in 2024“
Our conversation with Bank of America’s Holly O’Neill offers valuable tips to kickstart your journey to financial wellness. O’Neill shares mindset shifts to enhance your relationship with money.
Wednesday: Have a financial check-in date with yourself
It’s time for a money date! Grab your journal, spreadsheet, or budgeting tool, and review your finances. Calculate your monthly expenses, assess your budget, automate bill payments, and manage debts. Treat yourself during this check-in; positive reinforcement is key in forming habits!
Thursday: Read “The Ultimate Budgeting Guide for Beginners”
If you’re new to budgeting or need a refresh, this article serves as your Budgeting 101 guide. From exploring budgeting tools to aligning spending with your values, this guide motivates you to create a personalized plan that suits your needs.
Friday: Listen to “How to Have an Abundance Mindset and Grow Your Wealth with Tori Dunlap of Her First $100k”
Our chat with Tori Dunlap, the founder of Her First 100k, remains a fan favorite. In this episode, Tori emphasizes the importance of financial education for women and how to break through financial barriers for personal success.
Saturday: Pick a finance affirmation you need for this year
On days when you require extra encouragement to achieve your financial goals, select a finance affirmation from the provided list. Choose one that resonates with you and keep it handy throughout the year, either on a post-it note on your desk or as your phone background.
Sunday: Make a spending plan that works for you
Get ready to kickstart 2024 with the basics of financial wellness at your fingertips. Design a spending plan tailored to your needs, adjusting your budget to reflect your current priorities. Evaluate what worked and what didn’t in your 2023 spending plan or start anew. By month’s end, you’ll be ready to conquer your financial goals for the year.
