We each only have a little bit of money to do the things that we want. But how do you choose which ones to focus on? Flip a coin? Do them all? A Pro/Con list? Or prioritization?
How do you go about doing it? Prioritizing is really tough for people because so many factors go into it, and when it comes down to it, it is subjective. Often our emotions are involved and we have troubles seeing the forest for the trees.
I recently came across this handy little tool that helps you to set priorities at Money 101 It asks you what is important over and over again until you have the answer narrowed down. Like everything you still have to do your research, and make the decision for yourself but it’s fun to see the results you get, and if the answer works for you, think about it.