If you would have told me in high school that I making money wasn’t only easy, it can actually be enjoyable, I would ave been the happiest girl in the world. So often, when it comes to earning money we only look at traditional, and contemporary ways to do so. However, there is a big world filled with different ways to earn passive income. In some cases, people make a living this way. Other times people are hoping to find extra ways to make money to put toward debt or to build wealth. Whatever the case, let’s talk about how you can earn passive income and create financial stability.
For those of you who haven’t heard yet, enrolling in Dave Ramsey’s course Financial Peace University was one of the best decisions I had ever made. I finally reached the point in life where I craved financial freedom but I still had no idea how to execute it. Previously I had lived with a scarcity mindset in which I thought paying for a course when I was already financially struggling was a stupid idea. The truth is, if I would have shelled out the $80 years ago I would have wound up savings myself thousands of dollars in debt. Hindsight…right? While there is no way I could fill you in on everything Financial Peace University has to offer, I do want to share with you Dave Ramsey’s Baby Steps and how you can execute them at home. Even after you know these steps, I still recommend enrolling in the course as there is much to learn!
Right now in America people are dying with an average of $62,000 worth of debt. Literally dying. Just learning that makes it hard for me to breathe. I think we can all agree, life feels more constrained when we are tied to our debts. We work so hard for money only to have none left by the end of the month. So, where is it all going? A good way to find out and take charge of your finances is to get organized. Many people spend all day trying to earn more money. What they might not realize is that starting to save money might not be as hard as they think. While each lifestyle and each person spends money on different things, there are a few highly common places money is
spent wasted each year. I’m going to walk you through how to save money. There are 7 simple changes you can make to save over $10,000 per year.
Debt. Chances are it is running you dry, ruining your life and yet somehow you can’t seem to shake it. Trust me, I’ve been there. In fact, I started to think it was a normal thing to rack up debt and then pay it off. I thought having credit cards was actually beneficial. If you’re not sure where you’re at, you can check your FICO credit score to find out. When I think back on the crazy amounts of money I wasted all while staying in debt, I could kick myself. Most days I spend wishing I could go back in time and change it all, but I can’t. Neither can you. No matter what your financial situation is, you’re in it. Wishing to change the past won’t work, so let me tell you what will. I’ll share your exact steps to save money, get out of debt and say out for good. These steps may not seem easy; they aren’t, but sometimes you’ve got to push your comfort zone in order to see the results you crave.
Being frugal is all the rage these days, or so the cool kids tell me. More and more people are resorting back to the “old days” when every scrap of food was stretched, hand-me-downs were the norm, and credit cards were non-existent. This movement is leading to more and more people aiming for sustainable living and financial freedom. I am personally so happy to be a part of this awesome frugal living and minimalist lifestyle movement. Amidst all of the fantastic frugal choices being made every day, however, there are some major mistakes being made. I know because I personally made them while striving to be more frugal. The thing is, there are actually times when you need to stop being frugal and start being realistic.
When I think back on my life, there are two main struggles that stand out. The struggle to be young, beautiful and thin and over-spending my money on clothes, shoes and anything with glitter. So much time was spent in constant striving to reach an impossible level of perfection. No doubt so much of my money was spent trying to fill that “unhappy” void with useless stuff that only left me temporarily happy. But, that’s a whole different issue in itself. Today I want to talk about how to manage your finances more wisely. There is undoubtedly a link between spending money and staying beautiful. However, that is not the link I’m talking about. This link between wrinkle cream and your finances goes much deeper and frankly can be solved a lot more simply. Well, maybe.