It is never too late to change your financial future!
Imagine this: You’re 45, sitting at your kitchen table with a cup of coffee, staring at yet another bill. You’ve worked hard your entire life, but somehow, financial security still feels out of reach. The weight of debt, the worry about the future, the frustration of feeling behind—it’s overwhelming.
Step by step, dollar by dollar, you can fix the financial dilemma that you may be in. Most times, people feel they are going through the problems that they are experiencing alone. When you're in the thick of things, you tend to feel alone and isolated, like you're the only one experiencing this. But here’s the truth: You are not alone. And more importantly, it’s not too late. The past is written, but the future? That’s still in your hands. Right now, you have a choice. You can either let money continue to control you, or you can take the first step toward financial freedom. And that step starts with facing your numbers—without fear, without shame, just facts.
The first fact is nearly 50% of people over 40 have little or no savings for retirement. If you are in this boat, it could prevent you from assessing your situation as your emotions creep in. Most people avoid looking at their full financial picture because they’re afraid of what they’ll see. But the reality is, avoiding it doesn’t make it better—it makes it worse. The only way forward is to see things clearly.
Take a deep breath and write down:
✔️ Your total debt (credit cards, loans, mortgage, everything)
✔️ Your income (every dollar coming in)
✔️ Your monthly expenses (where your money is really going)
✔️ Your credit score (not a judgment, just information)
This isn’t about beating yourself up. It’s about taking control. Seeing the truth doesn’t mean you’ve failed—it means you’re ready to change. Feeling behind is actually normal, but that's where we stop the normalcy and start the first day of your financial comeback.
Part of what KellyG and I coined as “T.O.W: ‘TOTAL OPTIMAL WELLNESS’” is ridding yourself of the stress that comes with being in debt and the feeling that financial security is out of reach. So, we faced the numbers, which is great; you can't fix what you don't measure. An honest financial assessment is the first step to change. The assessment and clarity of your situation help you and give you control to execute the next move. Print out the last 60 days of transactions and highlight the wants and needs. This will expose the leaks and the things that need to be cleaned up. Eliminate the "wants" and reclaim those dollars! Every dollar reclaimed is a dollar working for you instead of against you.
Now that you know where your dollars are going, establish your starter $1,000.00 Emergency Fund. This will insulate you from falling behind when "life" happens while you're paying off your debt. Remember, another goal is to have a Fully Funded Emergency Fund, at least three to twelve months, of your living expenses. We use the High Yield Savings Account at ALLY, https://ally.com/referral?code=6D5T9P5M5M . Attack your debt aggressively as possible; we like the snowball method. It empowers you as your debt gets knocked out because those small wins build big momentum. Once the debt is gone, it's wealth accumulation time. You would pick a brokerage firm (we like Fidelity) fidelity.com for your traditional or Roth IRA and your brokerage investment accounts. You should also use your company-sponsored 401(k) if available, especially if your company offers a match. This is an overview from 5,000 feet; we can get much more granular in your personalized detailed plan when you contact us.
Remember, you are not too late! Every wealthy person started somewhere—this is your moment. We can help! Contact us by filling out the ‘HIRE US’ section on our website. Or use the email link below, for a “personalized” plan for getting out of debt and building wealth. info@pkentertainmentventures.com
What’s one small step you’re committing to today? Please email us and let us know what that is!
