(ThyBlackMan.com) Where does my money go every month? Why can’t I afford to buy things I want or go wherever I want to? Why am I always in minus by the end of the month? If you ask yourself these questions every month it’s fair to assume that it’s necessary to fine tune your personal management skills. A person with good personal finance management plans his month in advance using management tools, monitor all his spending throughout the month and knows how to prioritize in life. On the contrary, people with poor personal finance management pay more for everything, waste money on things they don’t really need, and borrow money from different sources. If you find yourself in the second category, here is your chance to push yourself up to the first one. You can learn to take control of your finances by following these tips.
Steps to Reaching Your Financial Goals
First step in taking control of your finances is knowing where you are standing at the moment. Calculate all the assets you have including real estate, savings accounts etc. Doing this activity can help you establish the amount you can save each month, which eventually will lead you to financial freedom, the dream of most people.
Second step is making a detailed budget first day of each month. Write down all the foreseeable income and expenses and during the 
month update these figures with the appropriate amount. There are several spending tracker applications that can help you follow through, but a simple budget planner may be all you need. Make a commitment to your goals and dreams in order to be disciplined about your budget.
Third step is paying off all debts that you accumulated throughout the years. I mean student loans, mortgages, credit card debts and so on. Take one loan and with that pay off all the rest. Before deciding which loan to take, it’s important to do a research of the different types of loans. There are long-term and short-term loans with various benefits. Long-term loans are mostly bank loans, credit card loans or student loans while short-term ones are payday loans, car title loans or pawn loans. I would recommend taking a car title loan if you live in California. These loans offer manageable and affordable conditions with good interest rates. The installments are comfortable. Car title loans in Fresno are the best option as the application process is simple and fast and the cash can be received within a few hours. Make sure you know all the small details about these loans before committing to one of them.
The Final Step to Becoming Financially Free
After calculating your assets, making a budget and taking care of your liabilities, the final step is to make an investment plan. This is the part where you can be creative and learn new skills. Once you have the money, investing it can lead you to financial freedom. Find a financial adviser to help you make the first steps. This is the long term part of your financial management. This journey can set you free and make your dreams come true.
Following these steps can help you take control of your budget and make better decisions for the future.
Staff Writer; Frank Hall