Becoming more financially responsible during a pandemic isn’t easy.
Here’s how one writer did just that, now being unemployed.
That was a defense mechanism.
I felt stupid because I didnt understand the difference between aRoth IRA and a Traditional IRA.
Why would my financial trajectory be any different?
For years, I believed that I couldnt be financially abundant.
finance expert and founder of the personal finance blogEconimikat
Its been a wakeup call.
I knew I had to become more financially responsible in the midst of a pandemic.
Heres how I did it.
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Its been a wakeup call.
I knew I had to become more financially responsible in the midst of a pandemic.
I began by cutting my expenses in half, which wasnt difficult.
With everything closed, I wasnt spending money on coconut margaritas or fancy dinners.
Chesnok emphasizes the importance of differentiating our wants from our needs.
One way to do so is to pause before you buy.
Put your item in the cart and wait at least 48 hours before buying, she suggests.
This tactic curves my impulse purchases, as does focusing on my why.
For the past four years, my why has been my son, Evan.
Now I understand that I also need to be a priority and that I deserve stability and financial success.
Money flows to me.
I am financially abundant.
And when I fear that I wont have enough, I remind myself to stay in the present moment.
Since the summer, Ive worked on various projects that helped increase my income.
Today, I feel empowered and extremely proud of my financial progress.
I chipped away at my debt and saved more money than I ever expected I could.
And for that, I am grateful.
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