Develop a Spending Plan
...that's code for "budget".
Now that you have a financial vision for your life, you have a basis for your budget. You can have it all...but not always at the same time. So what do you need to do in order to reach your goals? If you want to be debt free, how will you get there? What expenses will you cut? What bills will you pay off first? Once you identify how much cash you will need when you retire, how will you save that money? What do you need to cut back on now, in order to reach your retirement savings goal?
A couple of good tools for developing your Spending Plan are WalletPop or Mapping Your Future
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