Rescheduled Post: Originally posted on April 23rd, 2018
Hello dear readers – The best way to learn about something for me, is by either talking through it with someone or writing. So, today I chose to write about it and talk to YOU. Because, WHY NOT?🙂 I know money can be an uncomfortable topic for people to talk about. But, that is precisely why I want to write about it today. To break the stigma that it is ‘supposed’ to be an uncomfortable topic. I am okay talking about it! I mean, I am not about to provide the details of my personal finances, but talking about it would be a start.
Logically, money is something that is needed to make life comfortable. Of course to provide for the basic needs, but for the purposes of this post, I will assume our basic needs are taken care of. As I talked about in my post ~ What would you do for FREE? ~ , you go to work everyday and exchange your time for money, it is a simple fact. What I think we lack here in North America, is financial education in schools. I know that is not something I can change alone but I will START the conversation here. The premise of my blog is to be curious and START something so I would like to keep that going.
The top 1% of people who possess the most wealth, the children that grow up in those families grow up learning about money, building wealth and are very comfortable talking about it freely. People like us, and I am assuming here, who are in the ‘middle’ class are extremely uncomfortable talking about it freely. Sometimes, people think along the lines of ‘I would rather be happy than have more money’. BUT, the thing is people who have less money aren’t happy either. Happiness and money aren’t directly proportional to each other. Money is simply something that provides for a more comfortable life, better health care and quality of life in general.
Lately, I have been thinking about the best ways to build wealth, not make more money by working more hours, but actually build wealth. This isn’t going to be a post where I tell you what to do, but rather, I will share some of the things I am considering, hoping we will learn together and at least start to shine a light on your personal finances, if you haven’t looked into that in a while.
I have considered (and actually do 3 out 5) of the following:
- Money Market
- Investing in stocks – (only one’s with a good yield (dividends)
- Real estate investing
- 401K – (or IRA, Roth IRA)
ACTIONS WE CAN TAKE TODAY:
Fellow readers, LET’S TALK Money, shall we? It’s high time, we do something to better our financial futures, wouldn’t you agree?
What are some of the financial tools you use?
Do you save on a regular basis? If so what percent?
How about saving for the future like retirement?
I am still in the process of learning more about real estate investment. If any of my 200 + readers/followers are currently just realizing you haven’t thought about money recently, I would like to hear from You!
If you haven’t been thinking about your finances lately, time to put the uncomfortable-ness aside and let’s talk and make a start. Let’s do this because what you focus on grows! So why not focus on making our financial situation better?
I will be waiting for your responses and to have a real meaningful discussion about MONEY.
Stay Curious, let’s talk about Money :), & Have a peaceful day!