If only I made more money is usually how a sentence starts when someone is trying to figure out how others have mastered their finances. But if you asked money-savvy people what their secret to financial bliss is, they’ll have a simple answer that typically has little to do with one’s income.
The answer is that financial independence is based on three simple practices. Without these habits in place, reaching financial wellness is a difficult and seemingly unattainable goal.
Let’s start by going over some character traits of money-savvy people. Do you have these traits?
After 107 days on the road, the Phroogal team completed an epic journey that continued on the mission to break the social taboo and empower a generation through financial knowledge. We began our road trip with an event in my hometown of Elizabeth, NJ that was attended by over 210 people and our final event in San Diego was attended by 264 people.
I’ve often stated that if we can get a dozen people to a financial education event we’re on the right track but if we can dozens of people (in this case hundreds) into a financial wellness event, we are definitely on to something great.
YOLO stands for “You Only Live Once,” and a few years ago it was uttered feverishly by millennials as a lifestyle choice and to explain our irrational belief that there isn’t a tomorrow.
As the years go by, there is one thing I’ve learned and that tomorrow is as real as today. The choices we make today create the life we live tomorrow. YOLO as a mindset is great when its applied to the understanding that today is the best day to start saving, start learning about money and start building the actual YOLO life.
If we only live once, why not make sure the decisions we make support a healthy and financially stress free lifestyle?
When I was promoting my first road trip and reaching out to local media and journalists I was told I wasn’t an authority unless I was an author. In July of last year after completing the road trip, I told myself I would self-publish a book and it will be part of my financial education toolkit. I was going to make myself an authority.
I decided to make myself accountable and posted this goal of self-publishing a book on personal finance on my Facebook wall. That post led to a friend (who has been following my journey for years and loves my writing) to note that her son worked at Wiley and would make an introduction. A few weeks later, I had a book deal in my inbox from one of the top publishers in the world.