4 Bad Financial Habits I’m Leaving In 2016

4 Bad Financial Habits I’m Leaving In 2016

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I made a lot of mistakes in 2016 when it came to my money – earning it, saving it, and also investing it. Although I have come a long way from that person that maxed out her credit card almost every month to buy shoes and clothes she could not afford, I still have a long way to go. These are the bad financial habits that I’m leaving behind in 2016: 1. Not finding the best deals: I did not always bargain or do the research needed to find the best deals. This was because I didn’t think doing much more research would make a difference in the price (and other times I was pretty lazy). I know better though, money is money, and every dollar counts. I am not saying you should spend 4 hours on the phone trying to reduce your phone bill by $5 – that’s hustling…

7 Steps To Accomplish Your 2017 Money Goals

7 Steps To Accomplish Your 2017 Money Goals

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Whatever life you want to lead will cost you! The only way to lead the life you want is to save more or increase your earnings. This 7 step checklist will show you a few simple steps you can take to accomplish your money goals for 2017! Be On Top Of Your Money Where Does Your Money Go? In order to live the life you want and take control of your finances you must first figure out where all your money goes! The easiest way to do this is to get an app like Mint which shows you a weekly summary outlining all that you’ve spent money on. An old-fashioned but effective way to do this is to scan your bank statements each month or week this would show you all the places/ things you have spent your money on. Doing this quick exercise will show you the areas where…

Goal Setting Is Not Enough (Plus Giveaway!)

Goal Setting Is Not Enough (Plus Giveaway!)

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It’s almost the New Year and everyone is making resolutions and thinking of ways they can make their lives better in 2017. If you’re anything like me, you will have one or two goals which come up on your New Year Resolutions list year after year. In my case, I have “gym three times a week”, “Journal daily” and “meditate daily”, creeping up on my New Year’s resolution list yet again, which is honestly terrible! Although I was able to accomplish most of the goals I set for myself in 2016, I was not able to accomplish all of them. This is not because I was lazy (although, I must confess, I am sometimes), but because I did not have the systems in place to accomplish the goals. In the past I have used tools like: S.M.A.R.T goal setting; visualizing my success (I made a vision board as well); setting…

My 3 Favorite Books of 2016 And How I Applied What I Learnt To My Life

My 3 Favorite Books of 2016 And How I Applied What I Learnt To My Life

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  I picked up the habit of reading when I was 20, not because I particularly enjoy reading (I don’t – I’m very slow at it, I have a very short attention span, and it gets kinda boring); but because I know the amazing benefits of reading. Over the years I’ve noticed that my relationship with books/ reading takes 3 forms: A : “What is a book?”  – Where I go months without picking up a book to read. B: I read but I can never remember what I read and I cannot find ways to apply what I learn to my life. C: I read and retain what I learn and apply this to my life. I read 11 books this year, and listened to 20 or more audio books (blame it on my long commute). So, for the few times when I actually remember what I read and applied…

INVEST IN YOURSELF YOU WILL GET THE GREATEST RETURNS

INVEST IN YOURSELF YOU WILL GET THE GREATEST RETURNS

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    Investing in yourself is the best thing you can do for yourself, not just for the future returns but also because of the current payoffs. Investing in yourself can take several forms but at its core it serves to increase your human capital. Wikipedia defines human capital as: “The stock of knowledge, habits, social and personality attributes, including creativity, embodied in the ability to perform labor so as to produce economic value” In life, I’ve realized that a lot of us simply do not spend the time or money needed to invest in ourselves (the only one guaranteed investment in life) instead we give money to others by investing in the stock market, the latest gadgets, the newest cars, better homes, and so on – items that depreciate, or have wildly volatile returns. And all of this is fine and great, but imagine what could happen if we…