From reading tons of self-help books and listening to podcasts, to questioning off my coworkers about things that they wished they would've done differently at a young age. I'm happy to say that I've came up with four important yet crucial things that we (including myself) should all do that can possibly save and benefit us in the long run . Lately I've been exploring different aspects of my life and at the same time bettering myself especially for the future. I'm not ashamed to say that being an adult can be a bit confusing, stressful and scary at times because its just something that school doesn't prepare us for, having us to figure shit out all alone. In this blog post my goal is to share information with you hoping that you would make the effort to take a step forward in life by at least following one or even all of my pointers below.
Save
Saving your money is so important as it allows you to be financially independent. Often times when it comes to saving, people can get the wrong idea and think that in order to save they must put aside a huge amount of money, when in reality as little as $20 a month (until you can afford more) can go a long way as it all adds up in the end once you're not dipping into it of course.
I find that finance can sometimes be a very sensitive and secretive topic because no one wants to talk about it. People tends to keep everything to themselves and don't like to share valuable information that can possibly help others manage or spend wisely, which is the sad truth.
The benefits of saving are:
- You'll have something to your name when its time to retire and wouldn't become a liability to anyone or your kids. You will also be able to cover bills that comes with retirement.
- Having financial stability - being able to make ends meet without having to depend on people and being able to afford your daily needs and wants.
- Having a little extra for a rainy day.
Invest
If I had a dollar for every time I encourage someone to start investing their money right now, I'd probably be a millionaire with property all across the world. Investing is the act of using/spending money in order to make more money. It is very important as this can create security, income and stability in the long run once done wisely.
An investment can be:
- going to college/university to earn a degree about something that you're passionate about and you can make a living from;
- investing in your craft by purchasing materials or equipment that can help to improve your craft to create a greater return; and
- buying stocks, shares, bonds and or real estate which is more of a long term investment that creates and builds wealth
Travel
Traveling is important as it allows you to unwind from reality for a short period of time giving you a mental break which is good for the body. Traveling also allows you to meet new people and explore different cultures, not only will you make new friends but you will also have a better understanding of how people live their lives, why they do the things they do and their beliefs giving you a different perspective of life. Always be sure to treat yourself to a trip whether its domestic or international as there's so much beautiful things to see.
Manage Your Time Wisely
Poor time management is probably the number one reason why we are not where we want to be in life. Instead of scrolling through social media and watching videos for hours (something I'm guilty of) why not do something that you can benefit from whether it's reading finance books to help better your personal finances, doing research on something that you've always found interest in, put in extra time at work to make extra cash or just by spending that time perfecting your craft whatever it may be. Its always beneficial to learn something new instead of wasting your precious time, I'm not saying that you can't relax and binge watch YouTube videos but lets not forget the people that we're looking up to are probably where they want to be in life. Why not work on yourself to be where you want to be as well?
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Wonderful❤️ I’m a young adult and this was extremely helpful. Sometimes you don’t know or aren’t sure of what’s steps to take but it’s important to stay grounded. The point about managing time resonated with me.
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