This is a collaborative post by Ellie Jo with tips on making and saving money.
We all need to save money in this world if we’re to be healthy and if we’re to have longevity in our lives. Making lots of money and spending it on nice things all of the time makes us happy, but there needs to be a cut-off point where we have a little self-control. Short-term satisfaction helps out with small issues we have in life, but long-term things will also rule over them.
When it comes to making money and storing it in our accounts, people come up with all kinds of different methods. Some dabble in the world of real estate; others might like the idea of writing or entering some other kind of creative world. Whatever you choose in this life, you need to make sure you make the most of it and never squander what you have. In order to do this, you must get into the mindset of someone with ambition. Here are just a few ways you can do it.
Recognize That Your Money Could Vanish In An Instant
Once you understand that your money isn’t attached to you forever and that it could leave your side any day, that’s when you’ll begin to understand how to save money a little better. A lot of us take money for granted – especially those of us who have good jobs with a monthly salary flying into our accounts. Realize that, in this society, money is scarce – you’ll never be complacent if you do this.
Write Out A Plan And Regularly Keep Track Of It
If you plan out where your money is and where your money will go, life will become a lot easier financially. When you have everything plotted out in front of you, you’ll then be able to try different things and invest in lots of different secure areas.
Write down where you stand financially – your incomings and outgoings should be listed. Project where things are likely to lead under your current spending habits and learn how to alter them somewhat.
Learn More About Business And Money-Making
Half the reason why a lot of us in this world don’t bother with pushing on with careers or starting our own businesses is that we just don’t know where to even start. Read up on the latest news in terms of business or watch some educational content online. The more you know about money, the better off you’ll be as you’ll know what moves to make.
Practice The Law Of Attraction
If you constantly think about money and your financial life in a positive manner, then you’re going to make it a reality. While that sounds too simple to be true, it works so well for people all over the world. Sure, it’s not simply a case of thinking good things and then suddenly coming true. The law of attraction is more about putting the thoughts into your brain so that you obsess over them and end up doing something about it.
Next read about what to do if your brain is wired for negative thinking.
Greg is a Chartered Financial Analyst (CFA) with 22+ years experience in Financial Services. He has held numerous FINRA Securities licenses (series 7, 63, 65, and 66), and is an expert on Investment Products and Financial Planning. Greg has 22+ years experience as a real estate investor and degrees in Psychology and Philosophy.
Greg has been quoted/interviewed in Yahoo Money, Yahoo Finance, USA Today, Authority Magazine, Realtor.com, Business Insider, and others.
Greg is an avid runner, and the father to identical twin girls and their awesome brother. His love of budgeting and his kids led him to join The Great Resignation in 2021.
Disclaimer: Any Financial Tips on ChaChingQueen are general and informational. Speak with a professional about your specific situation.