You can be a master of budgeting and saving but if you never invest your money, financial freedom will be 100x more difficult to achieve.
1) Learn to increase the gap between spending and saving.
2) Invest.
Step 2 is crucial.
@HannahMcVeanCFP Interesting, we always talk about #1 first, but I can see how maybe doing both at the same time might build more momentum in the right direction over the long term.
How mental health can affect your finances:
- impulse spending
- paying more for convenience/function
- forgetting bills
- paying to outsource tasks
- avoiding your debt
- no energy to educate yourself on money management