Life is not always about money but we cannot deny the fact that it has a big impact on us. At some point in our lives, we all have been in situations where we were at a disadvantage for not having enough of it. Maybe you were in debt trying to make ends meet or wanted to take your dream vacation or maybe it was something as simple as buying a dress that you loved, we can all agree that the lack of money can keep us from enjoying life fully. So here are some of my tips to attract more money so that we could live the life we’ve always wanted. Here are 7 simple ways you can attract more money in your life.
I still remember the day I got my first bill from Sallie Mae after graduation. I walked to the mailbox like I did often after work, and pulled out the mail. Right there under the O Magazine was a bill from my good friends at Sallie Mae. My heart began to race, and I realized I just wasn’t ready. I had just graduated. Had six month’s gone by that fast. I didn’t make enough to add a $300+ payment to my budget. A student loan, for most, is the first major debt acquired. Once you graduate, that grace period fly’s by. Before you know it Salle Mae is calling asking where her money is. It is important to plan and prepare ahead of time to help make the repayment process painless. Here are 5 ways to tackle your student loan debt.
We all have that one friend who insists on dragging you to any event regardless of your own plans. Be it a shopping spree, a wedding in the Caribbean, a night out with the girls or expensive holiday. To them, FOMO (Fear of Missing Out) is the greatest tragedy in life and always use YOLO (you only live once) to justify their behavior. This leaves you feeling bad about your decision to say NO.
YOLO (you only live once) is something we can all relate to, after all no one knows tomorrow. After the hit Drake song I find myself always using YOLO a way to justify my daily decisions. However, there is someone or something who can care less about your YOLO justification, your student loan, credit card debt, future responsibilities and investment are some of the issues that you need to think about as you spend your money like there is no tomorrow. Most people live and die poor due to making wrong judgment about life and money, especially in early 20’s when you have money to spend, freedom and no responsibilities. Instead of saving and investing during this peak period, they would rather pay to visit exotic places, buy an expensive fuel guzzler that they don’t need or move to an expensive suburbia apartment, not that there is anything wrong with these things, it’s just a matter of priorities. I won’t lie, I definitely got caught up in this during my early twenties.
The truth is YOLO is keeping you broke. There are many ways in which YOLO is hindering you from gaining financial freedom; here are the 3 reasons why.
While spending money gives us such a rush, saving it feels like an endless task. Sometimes we feel like we can never become a saver. The money goes out faster than it comes in, and whenever you finally start saving an emergency wipes your savings clean. However, we can trick ourselves into not only saving the money but also enjoy doing it by adopting a few tricks.
Let me tell you how: