Collaborative Post

Rewrite Your Financial Future

This is a collaborative post.

Wouldn’t it be nice if we could write our own financial future? One not bound by the mistakes of the past, or the limits that are currently on us. Well, in actual fact we can. It just takes a bit of hard work and clever planning. Read on to find out more.

Phase 1 – Look at your current situation

The first thing you need to do to rewrite your financial future is take a long, cold, hard look at your current situation. As it is impossible to get where you want to be without knowing, in detail,  where you are now.

This isn’t something that is easy for everyone. Especially if they have debts or spending habits that they’d rather ignore. But it truly forms the basis of any change that you will make, so it needs to be done.

You will want to look at the basics like your incomings compared to your outgoing. As well as what percentage of your money goes where. Which you can use a budgeting program to do.

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You will also need to take stock of the debts you currently have with a view to making paying them off quicker and easier.

Phase 2 – Decide on the change that needs to be made

Once you have had a good long look at the situation, you are in, its time to decide what changes you want to make. You can do this on your own, or you can consult one of the financial advisory firms out there to help you.

Start with where you want to be financially in ten years time and work backward to get your action steps. These may include things like working with a tighter budget. Earning second income from a side hustle, or paying off outstanding debts, and so minimising the interest costs.

Phase 3 – Carry out these changes

The third stage is actually carrying out the changes you have laid down for yourself in phase two. Now here is where it can get a little tricky.


It’s all well and good writing down all of the wonderful money saving and generating the ideas that you have. But it’s a different thing entirely; actually having to stick to a financial plan, especially if you aren’t used to it.

That is why it’s best to approach this phase with a little compassion and flexibility. Yes, give your action steps go. But if you don’t get them spot on straight away don’t beat yourself up. Be compassionate and give yourself another try.

Also if you try repeatedly and it’s just not working, you may have set a goal that is too tough to do. So you will need to be flexible and go back and change it to something more attainable.

Phase 4 – Enjoy it


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The last phase is the best phase. It’s when you get to sit back and enjoy the fruits of your labours. But make sure that you don’t miss it out!

As if you are so focused on saving and earning money all of the time it’s easy for life to pass you by. So keep the balance by spending and enjoying some of what you have saved and have some fun.



Kat Candyfloss

Hi I'm Kayleigh, a family, lifestyle and travel blogger based in Hampshire, UK. I love writing, reading and cooking. I spend all my money on holidays and creating awesome memories for me and my family.

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