A Wage Increase Is Only Instant Gratification On Paper : Our Net Worth Update October 2017 (+0.79%)

BUILDING WEALTH AND DEBT FREEDOM GOES BEYOND A WAGE INCREASE   Unless you get a wage increase that is far beyond your norm the only gratification most people get is seeing the bigger number on their pay cheque. Even then if you’re not putting that wage increase to work you’re hiring and firing your own staff costing your more money in the long run. Reality is that without doing something with that money to help increase your net worth it won’t make a blind bit of difference. This perspective of a wage increase simply leaves you right back where you started. November is financial literacy month and I wanted to take a few minutes to talk about why a wage or salary increase isn’t always the answer to our financial problems.   You have to start somewhere   ** Let that be your motivation for the day, month, year ** You may not be in debt but you’re certainly not going to get ahead financially if you aren’t making changes to the way you manage it. The key: Financial Literacy. If you’re in the negative you may still be in the negative but climbing out from the hole. You’re still […]

Money and Finance: Why I Care About Financial Literacy

Money and Finance are two very important life topics that encompass “financial literacy” yet many people are unable to take control of what it means to them. I hear stories about those that are struggling to get to the end of the month before they run out of cash to pay the bills and others that realize that learning about money is the only way to go. April is Financial Literacy Awareness month and learning money management skills and how to budget money is only the beginning. There are a host of financial literacy topics that are available to those wanting to find ways to save money as adults and teaching youth financial literacy to their children all over the internet. There is no shame in not knowing but wanting to learn, there is no shame about why you are in debt, there is no shame in what others think of you. Find the strength to enjoy the small things and work towards a brighter future by taking the initiative to build your knowledge of what you desire in life. There are so many people who wonder if they will ever know “how to learn to save money” but don’t know where to […]

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