Wednesday, February 11, 2009

Week 4 - Financial Management

Well in the wake of the tuition reimbursement mistake I decided to apply for financial aid. I have been awarded a loan and am waiting for disbursement of funds. The question now is how to use the funds. In our home my husband is the manager of our finances. So we will be working together to find the priorities of our home and choosing how to allocate the available funds. Much like a business would do if extra income were to come in.
Prioritizing is key. This is not the time to purchase luxuries. This is the time for peace of mind. It also may be a time of exercising negotiation skills as we work through our thoughts on the priorities as we see them. It will be an exercise in discipline.

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