You know that feeling when your mouth is supper dry, all the way to your throat? Even without touching your lips you feel the dryness of them. You crave… water. Well we all come across that feeling. While we may experience the feeling of dehydration we also experience something similar, being curious. Just as we have that desire for the wet and smooth liquid to quench our thirst we also desire powerful and resourceful knowledge to fill our curiosity .
Today’s spell that we will tackle is money, and why we need it. Or better yet moolah and what significance it holds to our life.
While moolah is popularly glamorized by the ‘ballers and shot callers’ you may see on the television screen. What you may not know is, that money is not easy to come by, and unfortunately it does not grow on trees. Also, while obtaining a large amount of money may be appealing, it requires much more concentration and restraint to keep that money.
So, first, we tackle the what… Money, defined by Thomas Jefferson, is Time. So we can equate time to be an investment or even patience, since earning money and saving is both something you have to invest in and be patient for. So in defining what money is and how we are to use it as instrument, we must understand how to invest that instrument. Just as we study upon to how to play the piano or be good at a sport. We must also study in being strong in our financial wellness.
How we use money, can be best defined by what you prioritize and value most in life. First understanding who you are and what your purpose is. This can also be defined in setting goals. Erica Swallow from BBVA Compass, goes over some imperative steps to take in setting your financial goals.
After defining your goals, we then should take into consideration; what is your source of income. How do you make that money? How do you satisfy the goals that you set, and how do you keep a steadiness to that moolah without getting to that desert stage, where you are left looking like a cow in a desert. A great way to avoid the “desert” is by investing your money. Which can be done by either investing in yourself by creating a savings account or by investing into someone else, in stocks or investments. If you would like to learn how to purchase stocks, check out this guide from The Wall Street Journal.
After, defining what money is, setting your personal goals, and learning how to invest your moolah do you feel more comfortable in your financial journey? Well don’t get to comfortable. Never stop investing in yourself and learning how to create a better quality for your life and life for people around you.
MoMoolah 