How you can you ensure an effective and successful Closed Circle? Here are a few important points to remember:
It is very important for married couples to agree on their Closed Circle. One of the main causes for divorce is division over finances. When a couple agrees on “How Much is Enough”, finances are much less of an issue.
Be diligent and consistent with your Closed Circle, enter your receipts daily or weekly.
Your Closed Circle should be reviewed and adjusted annually and upon any major life changes.
Accountability is important. If you are married, your spouse is your accountability partner. If you are single, you need to appoint a family member, friend or mentor to be your accountability partner.
I hope you have more of an understanding about the Closed Circle budget by this time. If you need my help in clarifying some points, let me know. I will be glad to help!
