WHY IT IS IMPORTANT: Buying used or refurbished affords you the option to save money on the product that you desire. Believe it or not, there are some items that are better purchased used. Buying used or refurbished allows you to consider the return on investment for items that you need and or want at an extremely discounted price. Used, refurbished, pre-owned, certified, simply mean that the item is no longer considered brand new.
WHY IT IS IMPORTANT: Considering library resources affords you an opportunity to acquire and expand your resources or access to resources at no cost to you. Anything from classes to books and entertainment is offered at your local library at no or little cost to you. Use the library as a free workspace if needed. There are many hidden perks at your local library, it is up to you to uncover them all.
WHY IT IS IMPORTANT: Just saying “No” helps you establish your financial boundaries. If you find yourself in a situation where you do not have the money to borrow, loan, or give, just simply say “No.” Just saying “No” puts you at an advantage in your own budget advocacy. If you are not advocating for your own finances who else is. Understanding when to say, “No” is very important too.
WHY IT IS IMPORTANT: Monetizing your skills allows you to identify ways to make a profit. When you monetize your skills, you find easy ways to fatten the pockets and or take the strain off your wallet. Monetizing your skills is a money tip because whenever you are able to get additional funds, it makes your life that much better in terms of financial freedom. Every little bit counts. Monetizing your skills could lead to unleashing a financial path you had not even considered before.
WHY IT IS IMPORTANT: Considering generic brands allows you to explore quality products over notoriety items. There are in fact some generic brands that outperform the name brand products. Considering generic brands affords you an opportunity to determine if the costs outweigh notoriety. Big brand names tend to mark up their products because of their notoriety.
WHY IT IS IMPORTANT: Performing an annual review allows you to have a retrospective on the year. Where you can ask yourself. What went well. What didn’t go so well? And what can you improve upon for the future? An annual review can be done whenever you deem it necessary and more frequently if needed. Performing an annual review puts your budget, bills, and goals in perspective and keeps them relevant in the present so that you can work on your financial progress.
WHY IT IS IMPORTANT: Paying off credit debit affords you an opportunity to stop paying interest and fees. Paying off credit debit allows you to improve your credit score as your balances will be higher showing creditors that you are responsible with borrowed funds. Not that we need to say it, but in case you need to read it, paying off your credit debt allows you to have more money to spend and or save as you desire.
WHY IT IS IMPORTANT: Spending less than you earn ensures that you are living within your means. Spending less than you earn allows you to save and live a stress-free life. Spending less than you earn also allows monies to be available for bigger purchases and emergencies should they arise.
WHY IT IS IMPORTANT: Creating a financial vision board allows you to think about what you really want with your money and or finances. Creating a financial vision board gives you a daily visual reminder of your financial dreams and goals.
WHY IT IS IMPORTANT: Checking your interest rates allows you to know what it is costing you to have a running balance on your credit cards, what it is costing you to have your dream house or your dream car. Checking your interest rates makes you aware of the “extra” monies that are associated with “owing” money. In other cases, checking your interest rates allows you to put together an efficient and effective plan for eliminating debt and saving for the future.
Julie Carter, Recruiter.🧐 Coach.💪🏾 Mother.🙋🏾♀️🙋🏾♂️🐕 Professional.👩🏾💻 Wife.💍 Imperfect. 🙃Living to inspire so you may inspire to live.🤝🏾 You ARE NOT alone!🤗
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