My Financial Gameplan Story

I was in my early thirties with a successful career, fortunate to have climbed the corporate ladder at a fast pace. I loved my job, but my desire for working in the corporate world was fading. 
The good thing was I had a plan…

In 2005 as a newly married couple, my husband, and I talked about our visions and dreams; where we want to be and what we want to achieve as a family. Goal setting wasn’t something I saw as important, but hubby convinced me to come up with plans for our future. One of our goals being the ability for me to work from home and take care of the children when they arrived.

 

My husband and I set out our plans, wrote up our financial goals in line with these plans and there started our journey to achieve them. One aim was the ability to live off of one salary while saving the other. This meant we needed to be careful with spending and saving which was not always easy, but ensured we were on the right track.

 

Written in our financial plan:

  • Take short holiday breaks (bargain deals)
  • Reduce our food takeaway  — preferably once a fortnight
  • Keep petrol cost down by driving an economical car and use the bus when we can.
  • Haggle with our utility providers making sure we were on the best deals
  • Monitor and control food costs sticking to budget
  • Visit charity shops for books, puzzles and other knick knacks
  • Researching best deals on service or items needed
  • Cost effective date-nights; walks in the park or along the riverside, etc.
  • Avoid credit cards and debt

Our aim was to grow our savings allowing me the capability to set up a business from home.

Through the years, my husband was diligent in pursuing these goals including having annual meetings to review and discuss with any adjustments in-between. Honestly, in the first two to three years I was negative about goal setting and the planning involved. Our savings were growing, but I wanted more tangible results.

Transitioning difficulties from the Corporate World 

A few years after writing these plans, I attempted to change from the corporate world to working from home. I tried this transitioning a few times and failed realising this career move was easier on paper than in reality. I had to re-think and re-adjust a few times.

One of my transitioning failures was trying to open an organic restaurant in the city, the good thing is we didn’t get very far as the global financial crash of 2007/ 08 happened.

My husband’s goal setting ways were finally penetrating my stubbornness, and I was now starting to plan and organise my future with more thought and effort.

So back to the corporate world I went.

I learned that failure is part of the transitioning journey.

Seven years after us writing and working towards this plan, I handed in my resignation letter. Truthfully I was a little worried, but I had comfort knowing we had the ‘Neala leaving her job savings fund’. I was leaving behind a good job at the height of the global uncertainty in 2011.

I truly believe if we had not had this financial gameplan in place we would not have been able to have me stay at home when the children arrived. The reality of our hard work and sacrifices paying off felt good.

I have not looked back since and in that timeframe after leaving the corporate world I wrote my successful book series ‘What’s Your Financial Gameplan?’. I also set up the WYFGP website and coaching business and as a family we are DEBT FREE.

Finally, I take my children to and from school.

Do you want a change?

You too can create your own financial gameplan; with honesty, time, a few adjustments and sacrifices to your lifestyle you can make it happen.

My husband and I realised the importance of a Financial Gameplan, we had the savings necessary to help my career change.

I hope my story have brought some illumination to you and given you a few guidelines to allow you to start your transition if this is what you so desire…

Written by Neala Okuromade

Financial Coach and Speaker

 

 

 

 

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