5 Smart Financial Habits to Start Now

As we reach the midpoint of 2025, it's an ideal time to reassess and reset your financial goals. 

Whether you're feeling like you've missed out with the stock market at all time highs or just feel behind with your financial goals period, there are steps you can take NOW to better you finances for the rest of the year. 

I joined Bre on Fox2 News to share 5 tips to do just that: 

00:15 - Habit 1: Getting Organized
00:51 - Tools for Financial Organization
01:13 - The Importance of Investing
01:34 - Habit 2: No Amount is Too Small
03:29 - Habit 3: Budget
03:52 - Habit 4: Automate Savings and Investments
04:19 - Habit 5: Upgrade your Money Mindset
05:34 - Conclusion and Final Thoughts

Start by laying out all your expenses, income, and financial obligations. 

You can use traditional pen and paper, an Excel spreadsheet, or even a digital app - the point is to just start. 

Create a budget for upcoming expenses - like back-to-school and holiday shopping - preventing unnecessary overspending.

There’s a common misconception that you need a substantial amount to begin investing. 

In reality, it’s the habit of investing that matters, not the initial amount. 

Compounding illustrates that, over time, these small investments can outgrow large, one-time windfalls.

Even if you start small, when you invest wisely you create habits that allow you to invest even more in the future - and you'll know what to do with it. 

Align your budget with financial goals to transform your spending and saving habits. 

If your aim is to invest a specific amount by year's end, this might mean making small sacrifices, like dining out less. 

This approach helps ensure your money is actively working for you.

You don't spend what you don't see. 

If you have $100 automatically going into an investment account per paycheck, you aren't going to spend it. You won't even know it's gone - and its already working for you.

Money is rarely taught in schools. 

So you need to invest in education yourself to better your understanding of your money and how to trade wisely.

I recommend to start by reading books - 

HINT: Start with my book, Five-Year Millionaire, which shows you how to shave off decades of time to reaching that millionaire status.

Executing a mid-year financial reset to win in 2025 revolves around small, consistent actions. 

If you need more help with structuring your financial goals and understanding the proper money mindset, please reach out to me on my team by booking a call with us at www.PowerTradesUniversity.com.