Handling personal and small business daily financial matters to foster a better financial trajectory. Fiscally Balanced® can take the burden of helping with daily financial tasks and creating a better financial workflow.
404.865.1299
info@fiscallybalanced.com
Individuals | Families | Small Businesses | People in Life Transition
“…Through Paula’s dedication I was able to set up savings, pay off debt, and develop a new respect for my finances…”
Financial Goal Setting. Assist in setting short-term and long-term financial goals. This can include savings, debt reduction or spending for specific objectives.
Budget Creation. Develop a tailored budget that aligns with financial goals and priorities. This includes analyzing income, expenses, and financial obligations to create a realistic budgeting plan.
Expense Categorization & Tracking. Help track expenses accurately by setting up systems or utilizing financial software to categorize spending. Assist with monitoring actual spend against the budget.
Budget Adjustments. Life happens and budgets need modification. Assist with the process of learning how to manage reallocation of funds within a budget due to changes in income or fluctuations within specific spending categories due to life circumstances.
Expense Reduction Strategies. Identify potential areas to reduce expenses and suggest practical solutions. This may involve reviewing bills, negotiating with service providers or creditors, recommending cost-saving alternatives, or identifying redundant expenditures.
Spend Analysis. Conduct a detailed analysis of spending patterns and habits. Identify areas of overspending, recurring expenses, or patterns that may be hindering financial progress. Provide insights and recommendations on alternatives for a healthier financial outcome.
Debt Management. Create a debt repayment plan, negotiate with creditors, and provide strategies for reducing debt effectively. Monitor progress and provide ongoing support.
Strategies for Increasing Income. Review current income or billable rates in comparison to the market. Discuss strategies that may involve negotiation of current income or billable rates or discover additional streams of income.
Cash Flow Management. Optimize cash flow by strategically planning income and timing expenses. Determine the best ways to allocate available funds, such as managing bills, debts, and recurring expenses, to ensure a healthy financial balance within the budget.
Savings Planning. Education around different type of savings objectives – emergency, short-term and retirement. Planning on how to incorporate a proper savings plan within the budget.
Financial Education and Coaching. Provide personalized financial education and coaching sessions about fundamental financial principles, such as budgeting, cash flow, budget fluidity, expense tracking, debt reduction, credit, and savings to create and maintain healthy financial habits.
Regular Financial Check-ins. Schedule check-ins to review budget, track progress, brainstorm unique situations, and make necessary adjustments. Offer ongoing support and accountability to stay on track and achieve financial goals.
Financial Reporting. Generate detailed financial reports summarizing income, expenses, savings, and progress toward the financial goals. Provide information to track financial health and make informed decisions.
Refer To or Meet With Other Professionals. There are times when it is necessary for us to refer you to someone who specializes in something specific and other times where a coordinated effort is helpful. Whether it is a professional you are already working with or if you need a referral to one of our many professional partners, we stand ready to recommend or assist you or your business.
Work is performed remotely, but some situations or tasks may need to be handled in-person in the Metro Atlanta area. Our approach is to help only where help is needed as one-time support or ongoing assistance, always starting with the client’s goals in mind.
