Have a financial routine

I set some post mid year resolutions because I wanted to get my self-improvement goals back on track after a slump. I detail how I will go about achieving my goal using SMART objectives, with a contingency plan for if I am not able to do this

Why have I set this?

I have more financial obligations – I am good with my money, but I need to organise my payments and savings better so that I do not turn into someone who lives from paycheck to paycheck.


  • Keep record of all direct debits leaving the account to ensure that I am able to pay without going overdrawn.
  • Put money aside as an emergency fund, which is money specially reserved to pay off any unexpected debt such as replacements, repairs or damage.
  • Reassess spending habits to improve monthly saving.


  • Record when direct debits leave account and how much money is needed to pay for this each month.
  • Have a savings account that is reserved specifically for the emergency fund.
  • Keep a record of spending habits.


  • I have money to invest into this idea and have financial knowledge of savings accounts.


  • I receive a regular stream of income to invest into this.

Time Based

  • To have a secure emergency fund by the end of November.
  • Have record of my direct debits by 14th October 2014.
  • A record of my spending habits to review and improve by the end of October.


  • Using other savings money to help supply the emergency fund.
  • Cut my social activities to make savings.

3 thoughts on “Have a financial routine

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