It is especially important when making tough financial choices that you begin to examine, and re-examine, the things that you really value in life. If you're not careful, you may end up devoting all your time, money and energy to the ‘fires that need to be put out’ or the immediate crisis of the day, and neglect the things that are really important to you.
Values are what we consider to be important standards to live by. They can be very specific, or be very broad. Values are at the core of a good money management plan.
For money management purposes, you need to really understand your own values and what is important to you as you develop your goals.