Having personal finances in order is one of the biggest dreams of every adult. No debts, no sleepless nights and enough money to cover all expenses and still have a little extra on the side – sounds amazing, right? Still, finding a good financial plan and having a good overview of all costs and expenses is not an easy thing to do, as it requires time, knowledge and dedication.

With these five steps, you can get a grasp of your finances and get them in order.

1. Start Small, but Be Determined

Some financial plans are mentioning that you should put a significant percentage of your monthly paycheck onto savings account. Unfortunately, this is not always possible, as not everyone can afford to put 10% on the side.

Start small, but be determined to save at least some money. It can be $25 each month, and in time, if your financial situation improves you can increase that amount. Even the smallest amounts accumulate over time and be true life saviors.

2. Reconsider Your Spending Habits

It may seem to you that you are all frugal and thrifty, but the truth is often quite the opposite. Sometimes it is impossible to keep all expenses in mind, so write them down. Maybe you are prone to impulsive shopping or order too many take-outs?

Follow your expenses and write them down to get a better overview. See what problematic spending habits you have, and try to avoid them. Write down bigger expenses such as rent and gas, as there is also some place to maneuver by downsizing or using alternative transportation methods.

3. Set Small Goals

Retirement may seem far away, and maybe you aren’t even considering buying a car or an apartment, but that is no reason not to have goals. Set some short-term goals that are realistic and manageable. For example, make a decision to save $1000 in the next three months. Even if you don’t reach that sum, you will probably save more than you would without this goal.

4. Start Investing

The old saying says that you have to invest money to make money, and that is true. If you want to capitalize on your savings, try binary options or forex and trade online. It can be done from the comfort of your living room, and there is no expensive broker you have to pay.

All you have to do is to find a good binary options broker, make a deposit and start trading. Make sure to read educational articles and prepare a good strategy before trading, but you can also use binary options auto trading that is perfect for beginners.

5. Get Used to Delayed Gratification

Nowadays we want it all, and we want it now. This approach is the one that costs us our hard-earned money and destroys our financial plans. Instant gratification gives us short-term happiness, that doesn’t last.

Delayed gratification is a psychological term that describes persistence to temptation in order to enjoy bigger reward later. So, before spending that money on the latest gadget or fashion fad you “simply have to own”, consider your long-term goals and how that amount of money could affect your smaller goals.