Posts tagged Money Talk
Financial stress and how I deal with it

Financial stress can be overwhelming at times leaving you feeling paralyzed. The key is to know what triggers the stress and over a period you will be able to design an action plan specific to you that helps you manage the stress.

So, today I thought I would share with you how I deal with financial stress.

 

[Reading Time: 7 minutes]

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Saving money is not the same as cutting corners

It may seem like a good idea to save money by cutting corners, and you may even see some immediate positive results. But in the long run, it may land up costing you more.

 

Instead of thinking of ways to cut corners it's a better idea to see how you can get most out of your money.

[Reading Time: 5 minutes]

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5 Creative ways to save money

Last year I had experimented with financial fast and boy was I in for a surprise. It's easy to fall victim to spending on things that we think we need. My experience with financial fast taught me one big lesson that we do not need everything right now. You can read more about my experiences with financial fast here.

Today I'm not here to talk about financial fast, but about ways, we can save money without being stingy.

 

[Reading Time: 3 minutes]

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Book Talk: Love Your Life, Not Theirs: 7 Money Habits for Living the Life You Want by Rachel Cruze

I have been following Rachel on YouTube for a while and loved her energy. I know near to nothing about the Ramsey legacy behind her. To me, she is just another influencer on the internet whose content I like.

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Things I didn’t know about financial freedom

I always thought that when I start earning x amount of money, I’ll have attained financial freedom. That x amount kept changing every month.

It took me some time to understand what financial freedom is. To better understand what financial freedom is, you need to understand what it’s not.

It’s not making six or seven figure income.
It’s not becoming a multi-millionaire.
It’s not having a stash of money somewhere.
It’s not about being rich or wealthy.
It’s not about affording fancy houses and a fleet of cars.

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Do you also confuse between Savings & Investments

The other day my husband and I were travelling by the local train, and I like to pay attention to the conversations happening around because they give me ideas for my fiction novels. These two ladies were sitting behind us and were having a ‘serious’ conversation about money. What caught my attention was that the one who was imparting her ‘knowledge’ was using the words investment and savings interchangeably. I am not sure about her friend, but that surely got me very confused

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