It is rather odd how a conversation on money would be going on very well until you mention the taboo words – Salary, debt, Credit score and savings. If you try to delve deeper, people will now have excuses…. Oh, I am sorry guys, it’s already 5pm and I have a book club meeting….I just received an urgent message from my mom, I’ve got to go…Oh my! I have just remembered that I left my kitchen tap open, my kitchen must be flooded, see you guys…
Those that are brave enough to remain and go on with the conversation may be the few that have a six or seven figure salary, those that have financial freedom, those that have deep insight into these financial terms or those that will always lie about their figures 😉
Well, I have to admit that it wasn’t easy for me at first. I had all sorts of bad debts, very low credit score, meagre salary and to add salt to injury no form of savings at all…. That was so reckless of me 😦 Anyway, thanks to the financial insight I have now, I can now proudly have a healthy conversation on these taboo topics.
This doesn’t mean that I have reached the highest heights of financial freedom but I believe I am going up the ladder with each small but cautious step.
I want to share with you reasons why you need to open up and talk about these dreaded finance topics that are unwillingly spoken about. I believe that you can learn from my past mistakes and make better financial decisions.
1.Live within your means
Sweetie, you do not have to keep up with the Kardashians. You should cut your coat according to your cloth. I was in a group of female colleagues with whom we would go for a cup of coffee together after job and another friend of ours owned a clothes shop. As we passed by to say hi she would always mention of this new arrival of jackets, jeans, office wear, shoes etc and my wealthy colleagues would quickly jump in excitement to fit their sizes. Of course, I wouldn’t want to be left behind and look poor. This was out of my budget but anyway, I would brush off this guilty feeling of going out of the budget. And then came that statement from a colleague… Hey gal, you have worked yourself to be bone, you deserve to reward yourself gal!!!.. That statement always knocked out the senses out of me immediately and I would find myself asking for three pairs of a type of a shoe in three different colours.
Often, I would try to make impressions by paying coffee for these wealthy colleagues just to fit in. That was stupid, right? It’s important, not just in finance, but in life, to be who you are and the world will adjust to fit into your lifestyle.
More insight on this, here
2. Ask for directions from people who have been to where you want to go.
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