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Budget Management

Financial Journaling


man_sitting_with_laptopYou may have kept a journal in the past. Maybe you were a teenager, maybe you were in college, or maybe you still keep one today. Regardless of your experience with journaling, it can be an effective tool to reduce stress and reach your goals. Where else can you get all of your thoughts and feelings out without judgment, fear, or a lot of money?

The Frugality Game™ has a great tool for journaling. It actually allows you to electronically create an unlimited number of entries and record your overall outlook on life. After each journal entry, you will be prompted to state whether you feel Secure/Insecure, Happy/Unhappy, or Abundant/Limited in three categories: Basic Needs, Relationships, and Self Worth. This is an effective way to track your progress while you build financial strength and long after.

What do I journal about?

You should mostly journal about events in your life and your thoughts and feelings toward those events. Rather than simply state what you are going through, you may want to write about how you feel. Maybe you saved $20 today by driving an additional mile to get cheaper gas. Instead of just writing down that you saved $20 on gas, how did that make you feel? For example, “Saving $20 truly made me feel hopeful about saving money and achieving my goals. I’m now realizing that every little step can make a huge difference.”

Since things don’t always go our way, you may have bad days where you feel completely hopeless; and that’s okay too. On those days, you might write something like, “I don’t know what I am going to do about all of this debt. I feel like there is no light at the end of the tunnel.” Writing down your thoughts and feelings has several benefits:

  • It allows you to “get it all out” without the fear of judgment
  • It can reduce stress
  • It helps you track how you’re doing emotionally
  • It is private
  • It actually does help

hot_chocotate_with_writing_padSome argue that writing by pen and paper is most effective; however, this is ultimately a personal preference. If you prefer writing by hand, then by all means, do it! If you prefer to type, use the journal within The Frugality Game®. What’s important is that you are setting time aside every day, or every other day, and writing. Avoid over-analyzing what to write. Instead, just write.



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Your Financial Strength Score (FSS)

Your credit score (which is what we always hear about) is all about the banks and reducing their risk whereas the FSS is all about you, your security, and your ability to withstand unplanned events!



After you've listed your income and lifestyle in a structured format, the FSS system creates a personalized plan for achieving long term financial goals by designing ways for you to modify your finances so that you can find additional money each month.



Rapid Results Roadmap


With your membership in the Financial Strength Builder™ (FSB) you’ll be able to take advantage of our easy to follow step-by-step process to get your finances under control and start saving some serious money to build financial strength! We offer 12 sessions in the Rapid Results Roadmap to guide you through the process of building your financial foundation and show you how to continue to grow from there.

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Module 1: Understanding Your Finances

About Us

Building your knowledge and skill with the four foundations



Financial stability depends on a structured process and the Financial Strength Builder™ automates and manages what you make, spend, and save.

The Four Foundations are:

  • Budget Management - Build a repeatable process for tracking and managing all your finances.

  • Savings System - Pay yourself first and automate the savings process.

  • Credit Building- Implement lifetime habits that will improve your credit, increase your buying power and reduce the interest you pay over your lifetime.

  • Debt Reduction- Learn ways to eliminate bad debt, understand when debt can be an asset.



Why FSB?

Financial Strength Builder™ (FSB) was designed in response to today's need for the American household to return to financial well-being, gain access to the best financial deals available, realize your dreams and provide for your future. FSB™ provides you with valuable resources:
Articles
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Videos
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Calculators
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The FSB program guides you along your path to financial freedom and provides the satisfaction that comes from knowing that you are in control of your money. It has everything you'll need to know, in a simple, fun-filled environment, including financial tools, every day bargains and deals, tools to monitor progress, online financial direction, and personal financial training to help you achieve fiscal strength – fast!


Introduction to the Frugality Game™

Overview of the Frugality Game™