“Make your money work for you” is among the most common pieces of personal finance advice shared, but what does it actually mean? And more importantly, how can you do it? While there is no single way of doing it, we’ve outlined a few ways that you can use to get your money working — as well as a few mistakes that could be preventing your money from working as hard as it could.
When it comes to decision-making, it’s not uncommon for there to be an internal tug-of-war between the needs of our present self and our future self. This battle is particularly pronounced when it comes to managing finances. Fortunately, there are strategies you can use to enjoy life now while still keeping your future self top-of-mind.
Managing your finances is about mindset as much as it is about knowledge. Silent self-doubt is one of those negative mindsets that can challenge your entrepreneurial success. Fortunately, simply changing a few habits will prevent them from overwhelming you. Here are a few of our favorite methods for managing self-doubt and keeping you moving forward.
Over the last few years the Financial Independence/Retire Early (FIRE) movement has quickly gained momentum and it’s easy to understand the appeal. Even for those that don’t plan to “retire early”, the financial independence component provides an aspirational goal that is readily achievable for those willing to make some small, but important, changes in their lives.
Psychologically speaking, our goals can give us a powerful sense of direction and order. They satisfy the natural desire to be actively engaged in something, and we can feel good as we progress and check off milestones. But what happens when we reach goals and objectives we’ve worked so hard for? Sometimes this can lead to feeling lost. Don’t stress and consider these next steps and options for moving forward.
To break a glass ceiling, you must first realize that it’s there. While this can be difficult, there are a few signs that show one may exist in your organization. Here are some thoughts on how to figure out if workplace norms are hindering your ability to reach your full potential and what to do about it.