Declutter Your Finances

Step 8: Make It Real

Take time to develop a budget, seek sound financial advice and establish a financial plan. "Now is the time to organize your home, your wallet and bank account to achieve what you desire," he says. Ask yourself the following questions:

• How much should you be spending on your living expenses?
• What is a reasonable amount to spend each month on rent or a mortgage? Food and entertainment?
• How much should be going into your savings? Should you be investing?