Since this is a blog about making money online it’s important to master your money the right way.. what does that mean?
Well, I always say… If you want to be happy learn to be happy, if you want to be healthy learn about health but if you want money study money and the best way to do it is by studying financial literacy…
Financial literacy should be a lifestyle
We’re not taught how to be financially free school was really designed to prepare us for the workforce.
Not too long ago I came across a video on youtube about an inmate that learned how to read stocks in prison, it’s amazing to me how he learned to read or write until he went to prison, but this video really made me see the light after
He was throwing facts after facts ( watch the video below)
Listening to him made me really realize that all of our purchases are based on emotions, I started a business based on emotion, I just wanted to be financially and being able to take care of my family and do the things that I love the most.
When I was in high school I took financial literacy class, which I remember being taught to stay out of debt, and presenting to the class what I wanted to be when I grow up but never actually a plan to budget or to be financially independent.
According to money habitudes 65% of women and 52% of men said that financial matters cause them the most stress.
Money is an important tool that for most of us it’s an engine to have the freedom to do the things that we want to do the most.
We’re emotional beings, there’s nothing wrong with wanting more money because when we say we want more money we rally want the freedom that money gives us.
Most people relate money with something evil or wealth with something evil when the reality is that money can be a great engine for our good.
If I didn’t want money I wouldn’t be learning about the discipline, perseverance and tools to create an online business.
The reality is that having more money was my engine to help people like you who want to start their online business and that want to make passive income.
Learning to master your money, is key to have a wealthy mindset and create wealth I can be giving you tips all day long and the tools I use to have a profitable online business but if you can’t master your money you will run out of money sooner or later.
Have you met some business owners who either went out of business because they couldn’t manage their profits right or are making ends meet but want to look flashy or maybe they spend their money on things they don’t need?
That’s just like investing money and throwing it away, and if we’re not able to put an end to it, it’s eventually going to hurt us emotionally.
What if you could be able to follow a money strategy right now to fix your finances and get out of debt? or if I gave you the right tools to change your mindset as it did to me and start applying these principles?
No one talks about financial literacy or about saving up, that’s because we live a consumer society but after watching all of the videos in this money mastery bundle I started learning the importance of budgeting and seeing money as your best friend.
It’s a bundle that includes 14 ebooks, 10 e-courses, 10 printables, 11 videos and more!
All of them taught by multiple CPA’s, a certified financial planner a former hedge fund manager and dozens of authors and bloggers who have learned how to master money through their personal experiences of paying debt and building wealth.
The total value of all 45 products is $1206.41
I obviously haven’t gotten through all of these because it’s such good content but so far I’ve watched all of the videos, after watching the how to budget when you hate budgeting video I immediately went to my boyfriend talked about it and planned a date with money.
My Biggest Takeaways:
How to Eat Healthy Whole foods without spending your whole paycheck
Dave Ramsey suggests that the average family should spend about 10 to 15% of their budget every month on food.
Another guideline comes from the United States Department of Agriculture.
If you look on their website, they have an entire form to calculate different budgets. after you have your food budget and the foods that you want to eat, is to try to cook and eat at home as much as possible.
As Gigi Hudock I began studying this, she found that restaurant foods easily more than double the food cost of those that you fix at home. She teaches you what to make at home so you don’t have to get it at the grocery store.
Things like keeping a price book for your common purchases, my boyfriend and I decided that we will be cooking 4 times a day and our common purchases like water, fruit and yoghurt are made at Costco.
Aldi, Sprouts, Trader Joe’s, and Costco all have excellent prices on many different foods.
as part of your price book, sign up for their newsletters to compare discount prices!
5 Ways savvy women practice self-care
The first thing Takisha Artis teaches is how to change your financial relationship with money, I always say money needs to be your BFF.
If you don’t know what that means, it’s your best friend forever.
Why? Because money is always gonna be a very integral part of our lives.
Every day you’re growing, every day you’re becoming a better woman, and every day you need to show yourself a little bit of grace, show yourself a little bit of forgiveness.
This was the first video I watched in the bundle, and it just wanted I need it to move forward and want more of this information.
Once you learn to forgive yourself and see money as your best friend and that is there to serve you, everything changes, but for me, it was seeing the light at the end of the tunnel.
How to budget even when you hate budgeting
Taylor Medine first talks about the tools that you need. like your income per paycheck.
I’m going to be honest here, I learned things that I never bother googling like a Net income which is the money that you get after any distributions come out of your paycheck, so taxes, health insurance, or 401(k).
Basically the money that you get in your hand and in your bank account.
Then you’re going to need your expenses, both your fixed and variable expenses.
Fixed expenses, which are expenses that do not change from month-to-month.
An example of this would be your rent, your mortgage, your auto loan, your student loan. Anything that stays the same and is predictable.
Variable expenses which are those that change from month-to-month, like gas, groceries, the lunch money that you give to your kid, the lunch money that you have for yourself when you’re at work, and different expenses that are not the same or not predictable from month-to-month.
This course goes more in-depth in allocating and saving your money, a framework to start budgeting
The money bundle has really helped me creating a wealthy mindset and achieving major results in my online business.
I’m now able to save up more money and have enough to pay all of the tools that I need to automate my business.
I went from having a few couple hundreds on my bank account to pay my credit card debt in five months! all because I had the right strategy percentage that worked for me to set money aside.
I learned that my biggest weakness was saying no and I needed to start saying no to myself and my boyfriend when we really wanted something but knew we didn’t need it.
They also offer a strategy to get out of student loan debt in 10 years!
You know you’re a hard worker but you want to be proactive with your money, but no one ever taught you how to do that.
I know I didn’t because before I felt like I was drifting I didn’t really know what I was doing or where I was heading and just hoped that everything turned out ok.
But that is a recipe for stressful nights and tension within my marriage, financial decisions and missed opportunities and when it comes to money.
We don’t want to waste time letting things get worse while learning things through trial and error.
The master your money bundle it’s a faster way to take control, get systems in place, make more money and plan for a prosperous financial future for our families. You’ll learn how to:
- Set up an easy budgeting system you can actually stick with
- Learn proven ways to save money no matter your income
- Take control of debt without feeling overwhelmed
- Find smart ways to grow your family’s income
- Create a clear plan for achieving your financial goals
These are systems and strategies that actually worked for real people at any income level. 45 resources that were proven, practical and inspiring. Resources that can help you master your money and reach your financial goals.
If you add them up, these eBooks, eCourses and more are worth over $1200.
But thanks to a special partnership with the smart people who created it this bundle, you can get the entire collection for only $49.97 in the Master Your Money Super Bundle with a 30-day money-back guarantee.
What do you think of financial literacy? should we make it a lifestyle? if you have any questions about the master your money bundle let me know in the section below!