I wish you all the best in 2010. And to help insure that you experience a healthy financial year, here’s what I suggest:

• Without delay, set up a system for keeping careful financial records. Use software such as Quicken, Quickbooks for your business, one of the many apps available for the IPhone or ITouch, or one of the online services such as mint.com. If you deal with multiple currencies, try AceMoney
• If you already keep good records, analyse the data. Determine your best source(s) of income, your highest expenses, and how your monthly income in 2009 compared to your monthly income in 2008. Be aware of changes in your sources of income and expenses.
• Set clear and realistic financial goals for the next three, six, and twelve months. Rather than making huge leaps, like doubling your income, set incremental goals, such as a 10% increase per quarter over last year. (Exercise 4 in Build Your Money Muscles is all about setting realistic goals.)
• Based on your data, develop a strategy for making an incremental increase in your income and possible reduction of your expenses. If you have no data, do the best you can.
• Think in terms of a year. For example, an item that is “only” $50 a month, costs you $600 a year. Ask yourself how much time and effort you have to invest in order to make $600, then determine if it’s really worth it to you.
• If you don’t have a savings account, set one up at an online bank such as ww.IngDirect.com. You can start with any amount, even $10. Then set up an automatic savings for an amount that won’t frighten you, such as $10 a month.
• As always, pay attention to your feelings as you deal with (or resist dealing with) your finances.

To really boost your chances for financial success in 2010, consider joining us for the Peace of Mind & Prosperity Program where you’ll find information and ongoing support for your financial and emotional health.

Last Chance for the End-of-Year Coaching Sale

Don’t let your unresolved money issues lead to overspending, debiting, and poor money management during the upcoming holiday season. This is the time when people often get off track financially and have to deal with even more financial pain when the new year starts. Get yourself ready for a prosperous 2010 by clearing some of your hard-to-understand issues and working through to a new earning level.
Read more about it at ProsperityPlace.com