If you are like many Americans, you may find that you are spending more than you're saving and steadily going deeper into debt as a result. This is an easy and common pattern to fall into, and you’ll need some careful planning and discipline to reverse it.
A budget is a financial plan that takes income and expenses into account and provides estimates for how much you make and spend over a given period of time.
At Otium Financial Planners we will help you by determining how you are spending your money. We will look at your total monthly income, fixed expenses, obligation expenses, and discretionary spending. We will build a plan around these figures.
Your initial consultation is free of charge. Once we determine your situation we will determine what is best for your sitution and work from there. Our goal is to help you get out of debt and so you can build a nest egg for your future.
Creating and sticking to a budget is key to building a strong financial foundation. It’s a smart habit that will help you throughout life — after all, many of your financial responsibilities will change over your lifetime. Whether you’re a student, parent, new employee or retiree, let us show you how to set and achieve financial goals at any stage of life.