We walk around acting like if only things were different all of our dreams would come true. If we had more money, more power, more recognition. Higher ranking jobs, bigger houses, more picturesque family situations.
Truthfully you can have whatever you want. It's just a matter of focusing, and streamlining your thought process.
We like to come up with excuses for why that's not true –– but in most situations it actually is. The only catch is that you have to decide what you want. You can be the world changer that advocates for justice, you can be the corporate executive that preaches innovation, the traditional stay-at-home parent with a house full of kids or the free-spirit writer that travels in search of inspiration. The truth is that life really does happen while you are busy making other plans. So if you spend your time worrying about the money or degree that you don't have, you'll likely continue to struggle -- and find yourself in the same spot months or years from now. Rather, spend your time actually DOING and working towards what you want and you'll be amazed by the change towards what you want that occurs.
So if you spend your time worrying about the money or degree that you don't have, you'll likely continue to struggle -- and find yourself in the same spot months or years from now.
Each role has its perks and disadvantages. Whether its high in fulfillment, but low in salary. High in salary, but painfully mind-numbing. Inspirational but never very stable…the list goes on. The goal is to find the sweet spot, but there will always be sacrifices. I was always very entrepreneurial even as a child (think lemonade stand, re-selling Avon products...). While I was working for a large, respected, global brand design firm, I decided it was time to act on my entrepreneurial spirit. It was truly the most scared I have ever been (this tops having a baby and getting married), but I pressed on towards having my own business. I took every opportunity (early morning breakfasts, lunch hours, after work time) to meet with people that could potentially help me get started. And that's how it began. Fast-Forward to today and I'm 20 years into my business.
In the end, the choice is truly yours–– and there's something empowering about free will. Do you write things down ? This sounds silly, but it's something that's always worked for me. You can think about things all you want, but the moment you write them down, you commit to them in some way. At the beginning of every year, for example, I sit down at my desk and think about what I want to focus on or accomplish in the coming year -- then I type out the goals and post that sheet of paper in my office where I can see them every day. I am constantly asking myself -- am I doing what I set out to do ? are some of these things no longer important ? do I need to shift anything ? This is a decisive move and one that truly matters.
You can think about things all you want, but the moment you write them down, you commit to them in some way.
You can be and do anything you want, but you can't be everything you want. And the longer it takes to decide, the more you become a little bit of everything instead of a heavyweight in anything. And that's not a bad thing, but not choosing is a choice in itself. Without any major goals, life will choose them for you. Life never stops based on your inability to decide what you want; it will simply keep going and your direction will become reactive instead of proactive. Remember, life is what happens while you are busy making other plans.
It isn't always easy to stay on top of your finances, especially when you have developed unhealthy spending habits over the years. However, as you begin to realize the many benefits of having healthy finances, it can become something you want to make a conscious effort to improve. When your finances are in a good place, you often have access to better opportunities whether it be a mortgage loan, greater credit line or business loan. On that note, here is how you can become an expert at managing your finances in case you need a few tips.
Learn to Use Technology
The good thing about managing finances in the technological age is that you don't have to do it alone. There are so many apps available that will help you pay bills on time and track your expenses. For instance, some apps force you to live within your actual income and tell you what to do when you need to balance your budget.
If you need an app that will help you get better at saving, then some will set aside your spare change for you. Also, don't be afraid to use more simple tools such as your smartphone calendar to set reminders about payments if you don't automate them.
Seek Legal Advice
Sometimes, being an expert at something means understanding that you can't possibly know it all. This is why you have professionals around you that can help fill in the gaps where you're lacking. Consider hiring a legal firm to help with any challenges that are beyond you. Lexington Law is a good firm as they could help remove negative items from your credit report. Read this Lexington Law Review (Our #1 Credit Repair Service of 2019) to find out more about how they could help improve your finances.
You can't do better than what you know when it comes to managing finances. You should, therefore, invest your time in learning more about finances and how to manage them. Think about what your goals for your finances are and what knowledge gaps you need to fill.
For example, if you want to invest in the stock market so that you can improve your net worth, then you may need to learn more about investing to do so successfully. To boost your knowledge, try reading articles on credible blogs that share finance information from professionals. Also, be weary of content from finance-driven companies as it could be biased.
Work on Growing Your Income
As a self-proclaimed finance guru, you know that the more sources of income that you have, the better. Work on increasing your streams of income so that you have more money to meet your targets whether it's to save for a property or put larger sums towards retirement. One way to do so would be by getting extra income by doing social media marketing for businesses or creating tutorials on YouTube. If you own a property, renting out rooms is a great way to make passive income.
Live Within Your Means
It can be difficult to live within your means when you live in a society that is always presenting you with things to buy. However, being more conscious about the things that you purchase could help you realize that most are wants rather than needs. To live within your means, always take time to think about a purchase as opposed to impulse spending. You should always get good at bargain hunting as many times you can find items of similar quality at a cheaper price.
Learn How to Manage Debt
Debt doesn't have to be a bad thing if you understand how it works and how to manage it. It can be a tool for credit building when you understand the fundamentals. For instance, if you take out a loan or credit card, always be mindful of your interest rates.
By paying the amount of money you borrowed back in full before the due date, you won't have to pay interest on what you borrowed. If you can't pay back in full, paying more than the minimum payment will ensure you incur less interest. For the most part, the secret to good debt management is never spending more than you can afford to pay back.
Managing finances is a life skill that can help improve your quality of life. By following the mentioned tips and taking your finances more seriously, you're more likely to master the art of healthy finances.