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Do You Plan your Money like You Plan a Vacation?

Posted by Carrie Rattle on May 14, 2015 8:00:00 AM

We’re going on vacation. Let’s pack.

 > Where you ask? Why does it matter?

 Oh I see.  You want to know what to pack.  Well, it’s very warm there....

> Hotel or Tent? Hiking or Pool side?  Um, a wonderful hotel with sports and a pool. Why?

 You’ll bring your pretty sandals and dinner dresses but not your big hiking boots.  Got it.

> Is it a domestic or foreign trip?  Oh yeah, good question. We’re going to South America. Why?

 We’ll need foreign currency and passports. Right – good reminder.

 > How long are we staying?  Well, I guess a whole week. Why?

 Oh right. The dog. Your boss. The size of your suitcase. And pairs of underwear. Makes sense.

Suitcase

> Can we plan our life a bit better than how I plan vacations? What do you mean?

 I seem to be adventurous, taking each day as it comes. But we have no vision and therefore don’t know how to plan ahead.  Hmmm. OK.  If we’re not prepared we can scramble around to fix things, but maybe planning ahead would have taken less time and less grief.  I see.

 If you don't know where you're going in life or don't have personal goals, how can you prepare? Do you take more time planning your vacation than you do your future? 

 Related Topic: More Money May Not Be The Answer

Get My Money Habits

 Information shown is for illustrative purposes only and is not intended as investment, legal or tax planning advice. Please consult a financial adviser, attorney or tax specialist for advice specific to your financial situation. Behavioral Cents, LLC and any third parties listed, linked to or otherwise appearing in this message are separate and unaffiliated and are not responsible for each other’s products, services or policies.         

BehavioralCents.com is a web site for women to help them understand and change their own money behaviors. Our mission is to better prepare women for financial independence by helping them save more through everyday habits. Thoughts always welcome: carrierattle@behavioralcents.com.

 

 

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