“I Was Once a Hopeless Rookie When It Came to Money and Finances.”
Do you have that Sword of Damocles hanging over your head, also known as the credit card debt? It doesn’t go away just because you want it to. It takes some work, but you can remove some of the stings of a credit card in your life. Consider these steps to reduce your debts today…
We all know that saving money isn’t the coolest. But it’s important to learn about saving, spending and using your money. Here are the most common mistakes the newest generation is continually making.
Why is it always easier to start a bad habit than to break one? Why are bad habits more fun to start? Why can’t all the cool kids from high school have been really into running instead of smoking behind the bike shed?
It’s not always easy to start a new habit.
If you’re purposefully trying to start a new habit, there are some considerations you should take. The old Chinese proverb says that the best time to plant a tree was 20 years ago. The second best time is today.
Take a look at these strategies for learning new behaviors today…
As you enter your fifth decade in life, it can be a time when you start to evaluate your financial position. Are you doing well? Or are you experiencing some distress? Take the steps now to change your course if you need.
When you reach the age of your 50’s, 60’s or even 70’s, you could be in the best-earning capacity of your life. Your career is at a high, and your salary reflects the years you’ve put in. However, if you have adult children that you’re continuing to support, it’s like a funnel draining the best years of your life away from you.
The debt-free people walk among you. They look like you, they talk like you, but they don’t act like you. The behaviors of the debt-free are minimal but staggering in the results.
So, the question is, do you look like those who have financial freedom, or a person in debt?
Is this possible for the average human? Absolutely!
To avoid any unnecessary financial burdens on yourself, it’s best to educate small children the basics of money. Children who learn to manage and make their own money will be happier, healthy and demand less from you, so it’s a win-win.
For 99.5% of people, we have a set of guiding principles, morals and values that drive us and make our decisions. The other 0.5% go into politics. So statistically, I’m most likely congratulating you on living a politically-free life.
But did you ever consider your financial principles?