What does financial success mean to you? Despite what movies have led us to believe, financially successful people aren’t just those living in mansions and driving a fleet of luxury cars. Though it differs a bit from person-to-person, being financially successful really just means that you are not worried about how you’re going to pay off your bills or afford every day necessities, like clothes, food, and housing. And by that definition, it’s clear that everyone can be financially successful, no matter how much you make! Find your success with a few of our professional tips:

“Little purchases” aren’t so little.

In a year’s time, where do you think most of your money has gone to? Even if you took a lavish vacation that year, that’s probably not the answer. Little purchases like coffee and lunch are where most Americans spend the majority of their money. If you want to cut back on your spending, start bringing lunch to school or work and brew your own coffee at home!   

Use more cash.

Using physical money is another great way to cut back on your spending. With credit cards, you can’t really see how much you’re spending until well after the bill has come. But with money, you can see your cash dwindling every time you open your wallet — which may make you think twice about ordering that second drink or expensive outfit.  

Pay off your debts.

Believe it or not, some debt is good. Paying off debt is a great way to prove that you’re financially responsible and it will boost your credit score. But the operative words here are “paying off.” Each month that your car bill, student loans, or mortgage comes in, pay it off right away.

Start planning for retirement.

We know, we know — the last thing someone in their twenties is thinking about is retirement. But the best way to save for your future is to start saving small amounts when you’re young. Even if it’s just a few dollar a month, start contributing to a 401(k) now or put money in a savings account that you won’t touch until retirement.

Ask for advice.

The only thing better than learning from your own mistakes is learning from others’ mistakes. No one ever said that managing your finances was easy, so don’t be afraid to ask for help!

Looking for advice like this, as well as much, much more? Debra Solomon is a professional life coach for adults on the autism spectrum. To inquire about details, including fees and scheduling, please contact Debra Solomon at [email protected] or at 516-510-7637. Or complete a brief form so we may contact you.