I'm currently in the process of planning my 2015 , which has required me to ask myself some important personal finance questions:
The first question helps us understand the impact of our current financial behavior on our future.
This question helps us get clear on the life that we want to create. Write this vision down and start taking action to make it a reality.
Abundance and money management is a mind-set.
It’s easier to see opportunities and take advantage of these opportunities if we believe in ourselves and our own abilities or if we believe in an abundant universe with unlimited resources.
Changing the way we feel and think about money changes the way we behave with money, which in turn changes our financial behavior.
Changing our financial behavior – increasing savings and investing is what leads to wealth creation and abundance.
I’ll be making my last ever student loan payment in a few hours.
It’s been one of the hardest decisions I’ve had to make – focus on saving or paying off debt? I started off doing a bit of both but in the last few months, I changed my strategy and focused on paying off all debts and have used almost all my savings to do this.
Why?
Because my student loans are in US Dollars and I earn in South African Rands and in the last 9 months, the rand has depreciated significantly against the Dollar, making my debts even more expensive.
