I get asked a lot how I’m able to stay home. So, here’s an open, raw, vulnerable moment for you. It takes MONEY and TIME to build a business. I didn’t want to take out a loan so I used ALL of my excess to build my business.
My business doesn’t yield a large profit. It allows me to live, but NOT lavishly (YET). I coupon, collect gift cards, and look for sales & deals. I go without all the “extras” like eating out, getting nails & hair done, or shopping for clothes (or anything for myself really).
We budget and always look for ways to save. For instance, we have Amazon Music (FOR FREE) and got rid of Apple Music today. It hurt my soul to hit that End Subscription button but it’s what I had to do to keep the finances optimal.
I’ve been known to be called a cheapskate, but I’m definitely not as bad as those people on that TLC show. I wasn’t taught about financial literacy by my parents. It was something that I had to learn later in life and am still learning.
I see a lot of people talking about credit is power these days. Something that concerns me about this wave is that one can have the best credit score in the world, but without the cash to pay for the item your financing only leads to more trouble.
That’s the beauty of financial literacy. One of the first things you will learn is NOT to live outside of your means. There is a big picture when it comes to saving, investing and being healthy with money.
I consult people on the health of their body everyday so it only makes sense that my wallet be healthy as well. Running a business is hard work and if you are in the infancy stages you don’t get to spend a large amount of money on things you don’t need.
I look at the world in investments. Your time, level of effort, and amount of work are all investments. One of the craziest things I’ve noticed is that people don’t want to talk about money. It makes them uncomfortable. However, if you invest everyday within some aspect of your life and have no issues with that why would investing your money make you so uncomfortable?
I’ll tell you why! It’s because we focus on the “power” money has and allow it to become superior. We should be superior to the money. When your head-space is filled with a mindset of survival mode or hoarding the money instead of investing you only set yourself up for a life of barely making it by.
Money can be manifested just like anything else. So, instead of being uncomfortable we should talk pleasantly about money and the places that we are investing it in. For instance, if you continually say, “money enters my life now from many different sources and in an easy way” you’ll find money you don’t know was there.
This world we live in forces us to see the bad in everything, but your outlook on money doesn’t have to be that way. I’m not going to say that money makes the world go around, but it surely doesn’t just sit there and do nothing. It’s a life force all in its own right. I can agree that most problems can be solved with money. However, we can’t forget to still remain being good people when we reach our goals concerning money.
Now, I make the least amount of money I’ve ever made in my life. On any given day I have to skip out on many things to make room for what’s a priority. Although, all my bills are paid, my business is running and I’m not giving up anything I need. It has been a rough road learning to reprogram my spending habits, but doubling my revenue and being able to pay myself more was a great day.
I know that I will be able to spend in a healthy way and continue to invest my time and money into things that will bring more money. It’s a cycle and once you are able to get ahead of that cycle and feel comfortable in your choices the money game isn’t a negative table to be sitting at.
— Liv
January 7, 2019
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