Epilogue: Action Steps
Now that you're finished reading Mom's Got Money, my greatest hope is that you're fired up and ready to take action. If you don't know where to start, I've included action steps for each chapter here. Good luck on your journey to becoming a boss with your money. You've got this!
You can find these action steps and other free downloads to help you on your money journey at www.momsgotmoney.com.
Action Steps
- Chapter 1: Shifting to a Boss Mindset
- Take the time for self‐reflection and acknowledge your money fears and worries. Commit to developing a boss mindset and learning all you can about your finances.
- Practice replacing thoughts of overwhelm with empowering ones using the chart in Chapter 1.
- Chapter 2: How to Determine Your Household Net Worth
- Find out your household net worth using the examples in Chapter 2 as a formula.
- Analyze where you stand and start to formulate a plan to raise your net worth in the future.
- Chapter 3: The Family Budget Meeting
- Write down your biggest goals and dreams for the future. If you have a partner you will be budgeting with, have them do the same.
- Review spending from previous months to find out your budget categories.
- Find out your exact household take‐home pay.
- Set the date for a family budget meeting.
- Write your budget, allocating your income to all the various budget categories you have.
- If you don't have enough income to cover all your budget categories, discuss ways you will cut back and earn more.
- If you have ...
Get Mom's Got Money now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
