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WMW13 brings together the best and brightest in personal finance the first week in March to discuss money issues as they uniquely relate to women. It's about taking control of your finances and reshaping your financial future. Sign up for the email list to get the free 14 point checklist and stay up to date on the week.

Make Your Happiness Plan

by Elizabeth on March 13, 2013

About This Week’s Action

We are kicking off a month of spring cleaning posts here at Women’s Money Week. This week’s action tip helps you to organize your thoughts, goals, and priorities in life which will help you clarify your direction for where and how your money should be spent going forward.

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Why You Should Make Your Happiness Plan

You’ll be happier.
Setting goals is a key aspect to happiness. It’s that simple.

You’ll have direction.
Making a happiness plan is a part of spring cleaning because it helps you sort through the details of your life and gives you direction for the future.

You’ll save money.
Because you know what to spend money on to be happy, you’ll save money because you’ll start spending less on things that don’t matter to you.

You’ll feel better about your spending.
With a happiness plan on hand, you’ll stop feeling guilty about spending more money on things that really matter to you because you will know that they bring you happiness.

How Long Does This Action Take?

Creating a happiness plan will take you about 4-6 hours divided over two days. Giving the plan enough thought and reflection will make the plan more accurate and easier to follow.

How to Create a Happiness Plan

For the second annual Women’s Money Week last week, I wrote an entire post about how to create a plan to maximize your happiness. Go read that post now and follow through with the actions this week.

Commit

Instead of filing this away in the “do it later” cabinet, commit to taking this action this week. Leave a comment below to let us know exactly when you’re going to set aside the time to make your happiness plan. Set a calendar reminder for yourself and take the time to make your plan.

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Here are a few of the great articles about future planning and financial planning that were posted today:

Are You Ready for Your Financial Future?

This is an important subject for everyone — not just women. However, there are some aspects of planning for a financial future that seem to hit women especially hard. Here are some things to consider as you build your own future

Read more at Planting Money Seeds.

Prepare for the Future by Owning Your Past

As an undergrad, I majored in History, so it should not be surprising that I am a firm believer in knowing where you have been. When it comes to personal finances, I think understanding your past is the key to planning a successful future.

Read more at The Dog Ate My Wallet

How to Accomplish More in 24 Hours

Among financial bloggers, this has been designated Women’s Money Week. I don’t usually think about finances and economics in a gender-specific ways, but coincidentally, last week I happened to be reading a book called Pound Foolish: Exposing the Dark Side of the Personal Finance Industry.

The author, Helaine Olen, devotes a chapter to the way the financial industry treats women, and reading it left me in a roil of righteous indignation.

Read more at Pocketmint

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