The Master’s Minute

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The Master’s Minute – 7 Action Steps to Move Your Financial Life Forward

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Stacks of coins growing like small plants, showing action steps in text around your financial life, like start, save, goal, plan, future, grow.

We serve clients in all stages of life. One may be a young professional in their 30s, juggling family responsibilities while advancing in their career. Another may be in their 80s, reflecting on a lifetime of experiences and considering how to leave a meaningful legacy.

While life stages may look very different, there is a similar challenge: navigating uncertainty while making good financial decisions.

Today’s blog focuses on seven specific action steps that can help you move towards a healthy financial life.

Let’s get started!

7 Action Steps Towards a Healthier Financial Life

Financial progress rarely comes from a single big choice. It is usually the result of small, intentional steps taken consistently over time. Here are seven practical ways to get started.

  1. Get a Clear Financial Snapshot – A clear understanding of your financial picture can help you feel more prepared when making financial decisions.Action step:

    Review your income, expenses and net worth. Note any areas that surprise you or feel unclear.

  2. Examine Your Money Mindset – Your beliefs shape how you save, spend, invest, and even avoid some decisions.Action step:

    Ask yourself questions such as: What was money like growing up? Then, consider how your perspectives impact the financial decisions you make.

  3. Practice Generosity – Giving is a way to honor your values and live out your faith, reminding us that our resources are tools for good beyond ourselves.Action step:

    Designate a portion of income or assets for tithes, offerings, or charitable causes.

  4. Revisit Your Cash Cushion – Accessible cash gives you flexibility for unexpected expenses, but holding too much can work against long-term goals. This concept is called liquidity, and it’s true for businesses and individuals.Action step:

    Review how much cash you have and why. Make sure it covers near-term needs and emergencies and consider directing excess toward long-term goals.

  5. Focus on What You Can Control – Markets and headlines change daily. Progress comes from staying steady through the noise.Action step:

    Notice when fear or excitement drives a financial choice. Refocus on actions you can control that align with your values and goals.

  6. Review Beneficiaries and Legal Documents – Outdated information can lead to unintended outcomes.Action step: Review beneficiaries and key legal documents, such as wills and powers of attorney, at least annually or after major life changes.
  7. Review and Adjust Regularly – Life changes, and so should your financial plan.Action step: Write down a couple of financial questions you have and commit to addressing them.

At Master’s We’re Here to Help

No matter what stage of life you’re in, financial progress comes from consistent, intentional steps.

By understanding your financial picture, aligning your choices with your values, and reviewing your plan regularly, you can navigate uncertainty with greater clarity. As always, if you have questions or would like to discuss your unique situation, please contact us.