Four tips to using your Financial Plan is this weeks topic on I Hate Numbers. Creating and following a financial plan, your financial story is an important step to taking control of your finances.
In this vlog, I’ll share four tips on how to effectively use your financial story.
If you’re like most business owners, you know that it’s important to have a financial plan in place. But do you know how to effectively use your financial plan? Keep reading for steps on how to put your financial plan into action!
Four steps to effectively using your Financial Story
- Firstly, it’s about setting targets and sticking to them
- Thirdly, , Use and access your data
- Thirdly, Decide how often you will review and monitor your performance
- Lastly, Review, analysis and take action
So, whether you’re just starting out or have been working on your financial plan for a while, read on for some useful tips!
The bottom line is that you need to use your financial plan as a tool for accountability, for monitoring your progress. If you do that, it can be one of the most valuable tools in your arsenal. Don’t forget- if you want more tips like these, make sure to subscribe so you don’t miss an episode.
Once you have a Financial Plan and use it, you can start making meaningful decisions and changing your beliefs. You’ll get yourself back to where you want to be, budgeting, saving, and reaching your financial goals.
Conclusion to using your Financial Plan
Numbers are important, but they can also be overwhelming and scary. That’s why it’s so important to focus on the four things I talked about today for using your Financial Story. It’s about setting targets, how often you should review your financial story, using data, and lastly, feedback and action. If you do that, you’ll find that numbers aren’t so bad after all. In fact, they can become your best friend. So don’t be scared of them anymore! Subscribe to this podcast so you never miss an episode where we talk about money and business in a way that is easy for everyone to understand. See you next time.
Furthermore my book I Hate Numbers will change your life, by changing your relationship with numbers.
If you want more information or if you have any questions, please be sure to subscribe to my channel so you don’t miss an episode. And until next time, remember that you are in control of your finances and your future. Thank you for watching.
If you want your numbers to be more accessible and easier, then grab a copy of my book I Hate Numbers. According to one reviewer “This is the best, most straightforward, pragmatic and enjoyable book I’ve ever read on finance for business. It’s a must-read for all entrepreneurs. Your clarity, humour, wisdom and great advice shine through as you make numbers accessible and easy for everyone.”
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