4 Types of Money Dates

Money dates are a way to create a new relationship with your financial goals. A Money Date is an act of setting the time on your schedule to look at your money. In this post, we break down the four types of money dates that you can have on a weekly basis.

The Four Types of Money Dates 

1. Planning Dates

2. Guidance Dates

3. Inspiration Dates

4. Education Dates

Planning Dates

A Planning Date is an act of creating short and long term goals in your money. Planning dates create a blueprint for all your money goals, budget, and benchmarks. The goal for your planning date is to help you look at your numbers, and make a plan to figure out what are the necessary steps you need to take to reach your financial goals.

Planning Dates is a lot more detailed oriented because you're trying to figure out the best outcome for your money. Some of the Planning Dates might entail the following 

1. Scheduling Money Dates

2. Organizing your money files

3. Budgeting- Creating a budget

4. Crafting long and short term financial benchmarks

Guidance Dates

We all have blind spots, especially when we are dealing with our money. Guidance dates are the act of reflecting on your spending habits.  A Guidance date is a process where you think about your spending habits and ask yourself- what to figure out what pieces of information I have currently and what parts am I missing?
Some Guidance Dates look like this:

1. Calling your medical service provider to find out about your hospital bill

2. Talking to a lawyer for a prenuptial agreement

3. Talking to a student loan professional about your student loans

Inspiration Dates

Need time to dream? Want to learn a language but don't have the time or money? Inspiration Money Dates are those types of dates. Having creativity with your money not only helps you track your planning money dates. 

Inspiration dates are the act of figuring out what do need to live your best life and how. Some inspiration dates examples are

1. Create a Money Pinterest Boards

2. Driving down your dream neighborhood

3. Making an inspiration board

It's essential to take time to dream and find out different ways to take in information and reorganize your money goals. We are all unique, and we need the inspiration to keep motivated. For some reason, in money books, they never really talk about how our environment influences us differently. You can also find money inspirations most unconventionally. 

Education Dates

Education Dates is the act of learning about money and growing your money brain. Learning about money via Youtube Videos, books, courses are necessary for your growth. Financial Literacy creates positive long term effects.

Some examples of an education date

1. Read about Investment plans

2. Find a personal finance bloggers

3. Listen to a Money podcast.