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Heading Towards Financial Freedom

Wednesday, February 6, 2019   /   by Holly Northup

Heading Towards Financial Freedom

If you were to ask people what they needed to have financial freedom, the number one answer would probably be:  more money.

Makes sense.

However, what if there was a way to get to the place we want to go with what we have instead of trying to win the lottery?  Wouldn’t that be lovely?!?!

I recently read an article that made me think that with a little patience and a lot of discipline – financial freedom can be closer than we think.

The most important thing we can do to get a hold of our finances, spend less and save more is to set a budget.

Budgets don’t have to be elaborate plans that only a CPA can read.  It should be simple, to the point and basically just a list of what you spend on a monthly basis versus what your income is.

Starting small will help you not only get started, but also help you continue to make changes.

Being efficient with your money will help you save more and spend less.  The best way to do this is to know what you are spending.

The list of expenses on a budget should include the following:

  1. Fixed Expenses – Utilities, food, car payment, child care, etc.

  2. Once or Twice a Year Expenses – Taxes, car insurance, home insurance, clothes, vacations, car maintenance, etc.

  3. Extra Expenses – Going out to dinner, entertainment, etc.


Setting a budget is the first step towards financial freedom.  Once you know what you spend, you can then shop around to save money on any or all of your expenses.  These savings can add up and then go towards your future.

Don’t wait until January 1st to take a look at your budget, revamp and revisit what you are doing to reach financial freedom.  The time to make changes is NOW to make sure you are on the right path.

If you or someone you know is interested in buying or selling real estate in the Austin area, please contact Kathleen Bucher at 512.794.6644 or KathleenBucher@mac.com.  It would be an honor to earn your business!
The Bucher Group | Austin Portfolio Real Estate
Kathleen Bucher
1801 S Mopac Drive Expy, Ste. 100
Austin, TX 78746
512-794-6644
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Based on information from the Austin Board of REALTORS (alternatively, from ACTRIS) for the period through 2019.® IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data last updated: December 5, 2019 Texas law requires all real estate licensees to provide this link to Information About Brokerage Services:www.trec.state.tx.us/pdf/contracts/op-k.pdf