Invested

Let's talk about Investing in YOU!

How much do you spend every week on BS that you don’t need? I mean beyond the essentials (rent, lights, phone, gas, etc.), how much are you blowing away on “Stuff”? I can tell you it wasn’t until around the age of 25 that I stopped and looked at just how much stuff I had acquired. I bought shoes, clothes, video games, a motorcycle, car speakers; ladies and gents I was an EBAY fiend. Something in me felt like it was Christmas EVERY time a new package showed up on my doorstep. That’s not to say I had it like that, where I could just blow a thousand on stupidity and be good.No, my friends, I was not being in the slightest way responsible with my money.

A very wise person once told me “Pay yourself first” and then pay everyone else and to this day that holds for me but the one thing I have learned to do is to invest in myself more than anything. Now I’m not going to go into the whole breakdown of a Roth IRA or a 401k or any of that but as Modern and Distinguished men and women we must take a look at where our funds are going. I saw an article once on a 15-year-old boy who took the money he was going to spend on new NIKE shoes and bought a share of Nike corps instead. He now owns enough shares where they now send him new shoes without having to dish out hundreds for a new pair. People, it’s really simple, 1.) Look at where your money is going. 2.) pinpoint where the greatest portion is going and 3.) if it’s something you are behind get stock in it. The long-term effects come back to what the old people used to tell us (or just me), “Make your money work for you.”

We all saw recently the Gamestop stock run. Start small, check out the Robin-Hood app, find out about mutual funds, money market accounts, CDs, and how investing in yourself can add to your overall income. We all sit back and dream about the things we want in life but I ask you what are you doing to get there? This post isn’t designed to be all heavy and weighing you down but put money back in your pocket. I’ll tell you how I started, I had a leftover fund. I would pull money from the ATM or get cash back, and no much how much it was I would put it in my jar and forget about it. I did this for months sometimes I dropped 50 cents in the jar, other times it was 50 dollars. No matter what was left in my pocket before I went to bed went in my stash. After about 3 months or so I had over $250 put away. I could have immediately used It for grocery shopping, putting gas in my motorcycle, or my truck. I could, but why not put that toward something Long-term or even not use all of it and continue this pattern?

Bottom Line Folks is this, Don’t hemorrhage your money away and end up living check to check. You aren’t able to enjoy and of the spoils of your hard work. Make a Sunny (or Rainy) day fund and invest in yourself.

Stay MnD