What is your financial foot print

What is your financial foot print? Are you taking steps forward or going backwards or are you at a stand still.

I know that before we refinanced our home loan we were owning our house more each month by $80.00. Now that we are at a shorter term and a smaller interest rate we are owning our house by $200.00 each time I make a minimum monthly payment. My foot print forward is bigger now. Another item that would add to your financial foot print forward is how much you are putting into our 401k and IRAs each month. Because we are trying to get out or debt we are only putting 300.00 away each month towards saving products.
Another piece of your financial foot print forward is how much debt you are paying off.

To really see how much your equity is increasing put together your financial statement, then up date it every three to six months. I just updated my financial statement and just running the numbers of how much less debt we have now compared to January really has motivated me to keep on with my financial goals. I can see progress and if I keep going at this same rate I can see the light at the end of my getting completely out of debt tunnel. I can also see that if I save and invest this same money that is now being used to get us out of debt it can fund our retirement. Retirement is another place that seems very hard to do when starting out. I now feel like I can do it now I have a plan or should I say a map to follow.
I always remember the quote that if you fail to plan you plan to fail. Please just think about planning your financial life. Map out where you are at now then make a goal then make a map on how to get where you want to go financially. You can always adjust it when life throws something your way good or bad.
Like a raise you can choose to put it all away for retirement. If you get a windfall you can pay down you debt or save it in your emergency fund. Another quote I just have to share with you is that if you plan for bad times you will only see good times. I think of this quote every time I fill my food storage pantry. And every time I strive through a short on money time without getting into my emergency fund money. I try not to use that emergency money until the last last last resort. I kind of pretend it doesn't exist. That way it can stay saved.
I hope this article keeps you motivated to run the numbers in your families financial statement to see if you are stepping forward and how big of steps you are taking and how to improve your financial foot print to make it the biggest step possible in your financial life.