Do you spend on a lot of junk that doesnât make you happy? Instead of happiness, does money bring anxiety, stress,& debt into your life?
If your savings account is nonexistent and you have no idea where your hard-earned money is going, itâs time to redefine your spending habits.
Living alone from the age of 14, I learned how to spend and manage money the hard way. Since my early teenage years, I had to earn my own money â which sometimes barely exceeded $150 for a month. In this book Iâm sharing my insights on how to manage even the smallest income to outlast the month, and how to spend smarter on more fulfilling things.
This book can help those people working their first jobs, or experienced people that just make poor money decisions. I will highlight the most common money myths, marketing tricks, and irrational beliefs people fall prey for and teach you to avoid them.
Take charge of your money today.
âąScientific research about the psychology of our spending habits
âąLearn how to spend less and save more and still enjoy life â regardless of your income
âąHow to assess value to make the best financial decision
âąMap out your spending patterns to know where you need to change
Like it or not, money is part of everybodyâs life. Learn to control it instead of letting it control you.
âąThe top 5 reasons people spend money
âąWhy the Six Persuasion Principles by Robert Cialdini get us almost all the time?
âąUnderstand online shopping and credit cards. Why are you more willing to spend using these?
âąMarketing tricks that always get you â deconstructed from subtle to overt
You can turn a blind eye to your financial problems, but they wonât disappear. Learn about the best personal finance practices of the rich and happy live a financially balanced life in the future. Build a solid foundation for your family and yourself.
There is a thin line between being cheap and frugal. Learn how to spend without getting labeled as cheap and without sacrificing your familyâs wellbeing.
Arm yourself against the most common spending mistakes.
âąHow to break the vicious circle of shopping habits
âąFinancial literacy crash course: A-Z finance vocabulary, the five pillars of financial literacy and more.
âą4 things you should invest in
âąFinancial fasting and how to use it to your benefit
âąKey takeaway summaries at the end of each chapter
Get financial awareness in your life:
âąGet a clear picture on the difference between the 401(k), 403(b), TSP, IRA and Roth accounts
âąTRFs (Target Retirement Funds), HSAs (Health Savings Accounts) and RMDs (Required Minimum Distributions)
âąWhy should you have F-you money
âąHow can your money take you to financial independence (The 4% rule.)
Financial literacy changes the rest of your life. You will have a better relationship with money by thinking about it differently. You will know the unique ways to spend smarter and build wealth. Imagine not worrying about debt, bills and late payment fees anymore.
Picture paying for things that actually add value and happiness to your life. Follow the tips presented in this book and make it reality.