I paid off all debt, secured a 6 month emergency fund & got my net worth to $76k…
As a single mom of 2 without ever touching 6 figures/yr.
It’s not always about what’s coming IN, but more so WHERE it’s going.
We're aware that some of you are having issues accessing your Instagram account. We're looking into it and apologize for the inconvenience. #instagramdown
Example: You have no savings but come across someone saying saving will not make you rich therefore you should start investing.
There are 2 truths: 👉Only saving WON’T make you rich
👉You STILL need a savings
Hope this helps!
What I love about the personal finance community is the diversity.
There are people that focus on so many areas:
✅Budgeting
✅Side hustling
✅Wealth building
✅Career & salary negotiation
✅Frugality & saving
✅Business/entrepreneurship
The list goes on and on.
My best advice for navigating this space? KNOW what season you’re in so you know what advice to seek out.
It is up to YOU to recognize the need for certain knowledge/skills.
Once you’ve got what you need, proceed to the next area to master.
Set a goal to get my daughter to $10k before her 10th bday & boom. I’m back focused & motivated. You can’t create a plan if you don’t know where you’re going 🤷🏽♀️
Also, can we talk about how important having a focus is when it comes to finances? For the past few months I had no specific goal & felt like I was going nowhere fast.
People are literally like money moves. They’re either going to be a liability, an asset, or a liability dressed up as an asset. Energy is currency too…