I’m going to give you five quick, but effective, tips for building a financial future today!
Be that future fiat, crypto, or a combination of both, it’s important to THINK and make choices about money management.
Intelligent financial activities and plans is one of the most effective ways to live the life that you want.
What is important to you? Comfort, taking care of family, freedom, or is flexibility important?
If you value freedom and flexibility, you need to be careful about additional expenses and overhead. Each added layer of financial obligation decreases the freedom you have in choosing work. Heavy overhead gets in the way of choosing careers that offer schedule flexibility.
Everyone has different priorities and financial expectations. Some have in student loans, focus on travelling, invest, children, run businesses, or save for the future.
There will always be people with more and less money. Trying to keep up with others is dangerous and destroys your ability to focus on your personal truth and needs.
Know what you can and can’t afford. Set personal boundaries. Make decisions that align with what is important to you.
Money management isn’t a place for passion. Intense emotions are not good when it comes to finances. Over confidence often results in risk and loss, anxiety breeds avoidance, stress and anger cloud responsible decisions. Feelings and finances should never go together.
It’s ok for money to be boring.
Set up a schedule that will be easy for you maintain, even if it’s only 15 minutes a week. When you sit down to take care of boring financial management, reward yourself with something during or afterwards. A laté, sushi, your favourite music, a trip to the movies, for example.
The reward will take the edge off and motivate you to take the time out of your week. Eventually, you might even look forward to money management.
Often, people wish their parents had educated them or gave them a better example of how to handle money. It may not be that the parents were poor financial navigators, but maybe they had different life paths.
Lifestyles, values, goals and career options have rapidly shifted. Families are having fewer children; or no children, housing costs are rising, creative careers have flourished and proven to be more prosperous than Doctors or Lawyers in some cases.
What you want in life is very likely not similar to what your parents wanted. What you have available is definitely not similar to your parents. Your experiences and mentality may also be different.
It’s common that parents hold on to poverty mindsets that you may not relate to. Or, maybe they were very wealthy rural residents with one child and didn’t have to budget, while you are a small business owner with 4 kids living in a high cost metropolis.
Know your values and truth to break free of your parent’s example and your need for their approval.
“The best time to plant a tree is 20 years ago. The second best time is today”.
It’s true, if you began saving since you were 20 you could have been a millionaire, but distressing over “ifs” consumes time, builds a negative mindset, and hinders moving forward. Stress and self anger conjures nothing good.
The past doesn’t matter. Start building a financial life for you today.
Go!
2021 Copyright © Hive Believer aka 
Advertising and marketing communications expert and grad of St. Lawrence College and Georgian College.
Creative & business writer, copywriter, graphic designer, video & photography and editing, event planning, and curator.
Hive Believer is truly a Hive believer.
Photo credits:
