Getting better every day is the only guaranteed path to happiness.
More than 60% of adults rate their financial knowledge as “fair” or “poor”.
Recognizing the state of your finances when making financial decisions by not allowing your emotions to get the better of you.
Being good at money does not mean you don’t spend it; and not spending it does not make you good with money.
Failure is the best teacher because it tells you what is not working. Success never shows you what you are doing wrong.
Financial stress is not measured by how much you earn, rather by how much you save and spend.
Pick a goal. Create a separate account to save for the goal. Start saving for that goal.
Learning to budget, spend mindfully, and find a balance between seizing the day and saving for the future
Success is the progressive realization of your goals.
Sacrifice does not mean giving up something for nothing; it means giving up one thing for something else we believe is worth more.
Unfortunately, for people who are alone, out of work or sick, the holidays are also the “most difficult time of the year”.
Money should never be the goal. Money is a tool to help you accomplish your goals.
DAD: Most people who overspend their income in one of three ways: Too much house, Too much car, Too much entertainment
Complacency forces you to stand still and not grow. The antidote to complacency is novelty and experimentation.
It is called fulfillment. You reach this stage when you discover who you are by supporting yourself doing work you love.
Tackle smaller balances first. This builds momentum and there are psychological reward to doing it this way.
Unfortunately, he had it backwards. When you accept responsibility, you give yourself power.
Change takes you out of your comfort zone and makes you vulnerable. Being vulnerable is a sign of strength, not weakness.
YOLO – you only live once – is about sacrificing long term happiness for short-term gratification
Financial resilience is the ability to bounce back, adapt, learn and continue to put one foot in front of the other.
When you develop a healthy relationship with money, you don’t spend money on needless stuff.
A need is something you have to have. A want is a choice.
By making your bed in the morning, you knock-off your first accomplishment of the day. This puts you in a “winning” mindset.
Sadly, “Black Friday” is the day we trample people for things we don’t need, the day after being thankful for what we have.