Money 102
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Money 102
To start meeting your target and goals for life, we need to maximise the resources and support we have available. Some are more blessed than others, but there will always be others that have it better or worse than your situation – You need to only focus on your context. Don’t compare yourself to anyone else!
The way you can use your resources and support to help yourself grow and expand your income is by making changes to your life that have the best chance of improving what you have.
So, it start with education and skills. As you get more educated with formal qualifications you can get a better job that pays more. You can also continue to build up your skills around your career and passion that add value to you as an employee. If you want to make more money than you need to have more to offer to your company to convince them to promote you. Another great option is to use your skills to take up freelance work on the side or even start your own side hustle.
The more thinks you can keep working on to improve your income will help you reach your goals much quicker than you expected. Remember, this doesn’t just happen on its own – You need to put in the hard work to make a success out of your career!
Now there is no point making all the extra money with a promotion or side business if you are going to spend it on silly things.
We need to make sure the extra income is going towards the goals and targets we just set out for our life, and that means keeping track with a proper budget!
Use the below resource from Old Mutual called “22Seven”. This is a FREE budget application that anyone in South Africa can use to track their accounts and truly stick to their budgets.
It can help to have an accountability partner to walk this process with you, maybe a friend or a relationship partner. Find a like-minded community, even if the only place you can find this is as an online forum. Educate yourself on the topic: read books, watch YouTube videos, read blogs.
Make it a game to try and beat your previous personal savings best.
There will be mistakes along the way, and sometimes life throughs you a problem that needs money to be fixed. When this happens, don’t give up – Just adjust your budget and your goals and try again!
Continue with your lesson to find out …
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