by savespendinvest -

3 Common Mistakes Stopping You From Reaching Financial Freedom

Let’s talk about what really holds us back from saving / investing & break that down.
  1. FOMO:
    a lot of people think if they save or invest they won’t have time to do other things they normally do or can’t be spontaneous with their money.
    a lot of people think if they save or invest they won’t have time to do other things they normally do or can’t be spontaneous with their money. Click To Tweet
TRUE OR FALSE?
Demystified: Contrary to popular opinion you CAN have a decent lifestyle and still save & invest.
You may have to make sacrifices every now and again, but I promise its worth it in the long run.
Here’s how I was able to go on 5 holidays last year whilst saving nearly 30% of my NET income.
  • Having multiple accounts: I have about 6 different accounts, which easily sections out my money as soon as I receive it. Bills, credit card, everyday spending, travel & short term savings, investing and emergency fund. I’m very extra like that but it helps me understand exactly where my money needs to go. You don’t have to have this many but at least have these 3- Emergency fund, Savings & Investment & everyday account.
by savespendinvest -

The Young Professionals Guide to Financial Freedom

Ugh, adulting. /ādülting/ [Urban dictionary] to do grown up things and hold responsibilities such as, a 9-5 job, a mortgage/rent, a car payment, or anything else that makes one think of grown ups.
Adulting is that one thing we are all starting to do but no one really likes it or talks about much about it. Well guess who’s here to address the elephant in the room?