CQ.M Change Agents

Whatever you do, just take action. Put that energy to good use. #ConquerLeadership #Action #TakeAction #learning #DoTheWork #work

How do you pay for unexpected expenses? How would you survive if you lost your job? (which many have unfortunately had to do) Having an emergency fund has never been more important - especially considering the health crisis and financial crisis we're still in. When you're earning an income, save 3-6 months' salary, that can be easily accessed. TFSA (in Canada) is usually a good idea, because it's pretty liquid.... At home, luckily we had enough saved up in our emergency fund, to purchase household appliances that stopped working last year year. It's never too late to start. Whether it's $50, $100, or $200 a month. Start saving for your emergency fund today. Can't save even $50 a month? Maybe try: * Taking your lunch to work instead of buying out * Making coffee at home instead of buying a $7 - mocha choca latte fratte with half almond milk and half milk of almond(s)..:) *Get rid of all the TV channels you don't actually watch - you know there's at least 10-20 channels you don't watch. #ConquerFinance #financegoals #financialindependence #financialawareness #wealth #wealthpreservation #moneytips #moneygoals

Comment with CONQUER if you agree - Stop when you're finished. Not when you're tired. We all have a tendency to sometimes stop sooner than we should. Take working out for example.. Have you ever stopped earlier than you should have? Maybe you could have squeezed out one more rep, or ran for another 5min.... Our mind gives up sooner than our body does. So, when you think you're done.. When you think you can't go any more.. Remember that you probably have some energy still left. This doesn't mean always overwork yourself. But it does mean that you should be true to how much time and energy you've actually invested in a task or project. #cqmchangeagents #conquerleadership #nevergiveup #dontgiveup #dontquit #keeppushingforward #keepfighting

PART 2 - Who wants double the amount of debt? If you knew when your debt was going to double, how would you change your spending habits to pay down what you owe and sooner? Maybe not buy that TV you don't need? Or not spend as much time shopping online?... Perhaps knowing when your debt is going to double also means creating a realistic plan for when you can start saving for your child's education. Or when you can start saving for retirement. It's great to know when your investments are going to double. But it's just as important to know what's happening with your debt. Rule of 72 can help. I've used this in my personal financial strategy, and have made a number of spending and saving changes. So, use Rule of 72 in your debt management strategy. What changes can you make now to pay down your debt quicker?