3 best ways to get your finances in order even if you have no finance background

3 best ways to get your finances in order before year 2022 is over, even if you have no finance background – handling finances quagmire

Why getting your finances under control before the new year is of utmost priority – top steps to sort your finances

There are tons of apps, strategies, ways, checklists and steps to organize your money, leading to a successful financial lifestyle. Do you want to take control of your finances for peace of mind and pride of your dignity?

How do you manage your money? Do you understand your own relationship with money? Can you make the most of the little or most money you do have?

If you have not yet done a financial check up, this is the best time to reflect on your best and worst money decisions. Get your money and spending in check.


Further reading: Permanent Personal Finance Project Budget PDF For Year 2021: Don’t Drown in Debt -Fun Budgeting Activities

Money management statistics

Did you know that President Abraham Lincoln conceived the National Banking System, instituted the first general income tax in the States, and signed the National Currency Act in 1863?

There is more …

Americans owe a record-breaking $1.021 trillion in outstanding credit card debt (Federal Reserve)

As of August 2020, 21% of U.S. adults had no emergency savings. (Bankrate)

27% of homeowner retirees haven’t paid off their mortgages.

24% of millennials showed basic financial literacy, and worse, only 8% scored high in understanding money matters

– (National Endowment for Financial Education)

24% of Medicare beneficiaries report financial problems from medical bills

Almost two thirds (60%) of teens stated that learning about money management was one of their top priorities (The Schwab 2007 Teens & Money Survey)

The 25 richest Americans increased their wealth to the tune of $401 billion and only paid 3.4% of that back in taxes (2014 to 2018).

3 questions to ponder to get a hold of your finances

This blog post is for you if you screaming out, ‘I want to sort out my finances.’

  1. What is the total value of funds you need to realize your financial goals?
  2. Are deep-rooted beliefs about finances affecting your money habits and the way you handle responsibilities involving money?
  3. Have you pointed out the ‘money script’ (unconscious financial beliefs) that have been passed down to you by family members?

Thus, graduating from a tough financial year is the beginning of a significant chapter for many who had almost dropped the ball due the uncertainties of Covid_19.

Finances management action plans

There is no doubt that a vast majority of people are in some kind of trouble when it comes to their finances.

Is your lifestyle more expensive than your income? Damn. What a financial abyss!

You are not alone. Check this out.

Americans owe a collective $1.54 trillion in student debt.
– Federal Reserve Bank

Millions of people have maxed out credit cards. A majority have glaring empty bank accounts. Drastic painful life-changing cuts may make a difference in the finances of those struggling.

Let’s take advantage of the annual fresh start of a new year to get your finances back on track. To help you on your way, see more options to pursue and put your house in order.


Create a financial plan

Simply put, have a budget. When you study financial literacy making small budget cuts here and there will slowly dig you out of debt. What is your income? What are your expenses? Have you factored in the department of taxation and finance?

When you have a budget, you develop good habits that stop you in your tracks lest you over spend. There are tools available to help you create a plan that fits your financial goals.

Are you an investor, saver, big spender, debtor, or shoppers? For some simple budgeting techniques to help get you started click here. Choose what resonates with your money personality.

“Be willing to be uncomfortable. Be comfortable being uncomfortable. It may get tough, but it’s a small price to pay for living a dream.”

– Peter McWilliams

Pay off debt – starting with the smallest

The best way to get out of debt is to have a debt management strategy to sort out your finances. Pay attention to the little things and learn financial management to ensure financial abundance.

Reducing your debt requires discipline in making your frequent monthly repayments to avoid heavy penalties for failure to follow through. Debt consolidation is not debt elimination. On the contrary, debt consolidation simplifies your financial life by replacing multiple debt repayments with one single payment.

Looking for real ways to get out of debt? Use Debtconsolidation.com which has all the tools you need to consolidate your debt and restore your credit score.

Related article: 5 Successful Strategies of Wealth Creation, Victory Over Debt, and Money Matters – Spring Up from the Hole of Bad Debt, Eish – Crawl Outta Debt Now eBook


The most obvious reason of saving money is that it prevents you from staying flat broke. Saving is a habit that facilitates wealth creation because you can decide to invest in assets that store value. You want to have your money working for you.

Build your emergency reserves.

63% of Americans had their personal finances affected by the Covid-19 pandemic.

Increase your income with either a part time job or a side business. Let go of unnecessary human impulses.

Start an investment portfolio to grow your finances. Don’t fall for scams. You are better off leveraging F Google Finance offers on the latest financial news and data for most publicly-traded companies. Learn more.

Seek counsel

Receive ‘confidential one-on-one sessions with a financial expert’ to set off your debt repayment program.

One-quarter (28%) of Americans reports they stress every single day about financial decisions because of their debt

– American Institute of Certified Public Accountants

You want to unpack your financial situation as you discuss money in a closed session with a financial coach. Break down how to save money, bankruptcy and the laws, and saying ‘no’ to things that you want but cannot afford.

Beware. Albeit all the debt counseling services under the sun, or call world finance, if your do not address the root cause of your cycle of indebtedness, nothing will get you off this treadmill.

Inspiration to better understand your financial status

So, you have not yet hit the hit the lottery or got lucky, neither attained the status of Jeff Bezos (yet). Financial matters call for hard work. There is a secret code for the gain of financial prosperity.

Glean on these quotes to motivate you as

“In investing, what is comfortable is rarely profitable.”

– Robert Arnott
“It is much easier to put existing resources to better use than to develop resources where they do not exist.”

Photo of Warren Buffet

“Only when you combine sound intellect with emotional discipline do you get rational behavior.”

— Warren Buffet

“Your greatest asset is your earning ability. Your greatest resource is your time.”

“When you are young, work to learn, not to earn.”

-Robert Kiyosaki

Financial resources

We are just at the turn on a new year. Thenceforth, use the following financial resources to get a hold of your finances.

Did you find this blog post to get organized with your finances helpful?

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In accordance with FTC guidelines, we state that we have a financial relationship with some of the companies mentioned on this post. This may include receiving access to free products and services for product or service reviews and giveaways. Any references to third party products, rates, or websites are subject to change without notice. We do our best to maintain current information, but due to the rapidly changing technological environment, some information may have changed since it was published. Please do the appropriate research before participating in any third party offers. We respect your privacy. Thanks for visiting!

Disclosure: This blog post is made possible by Debtconsolidation.com, “Resources, tools, and programs to help you manage your debt”

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4 thoughts on “3 best ways to get your finances in order before year 2022 is over, even if you have no finance background – handling finances quagmire”

  1. Thank you so much for sharing, visiting, and commenting on posts at the Senior Salon Pit Stop.
    Pinned to Senior Salon Pit Stop InLinkz Linkup Shares board and tweeted @EsmeSalon #SeniorSalonPitStop

    1. Oh – super excited to get a feature of the ‘get your finances in order’ blog post on the Inspire Me Monday Link Party/
      It is always a great honor to be of delight to our audience, both new and old.
      Forever grateful, Janice.

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