Actualising Financial Independence

  • By Julius Chan

    Qualification : Peer Support Specialist

    Monday April 09 2018 09:34 AM Comments 0

    A healthy financial future isn’t about how much money you make – it’s about how you manage and plan. Learning some basic money management techniques can help get your finances in order, no matter your income.

    This short video shows us the importance of managing and planning our finances. There is a misconception that to be good with money, you need a lot of it. What is true is that to be good with money, you need everyday money management, which can be made easy with these 3 simple steps:

     

    1. Create a budget
    2. Set savings goals
    3. Tackle your debts

     

    As we get better at our financial planning, we will also start to cultivate a right mind set between money and a healthy emotional state. We will then begin to be able to better define our personal and family values about money. And in doing so, achieve a clear overview of our spending habits and identifying emotions that are connected to our spending habits the effects of our financial goals. Finally, this will enable us to maintain a positive emotional state through our financial ups and downs, and empower us to overcome any sudden financial downturn with a positive state of mind.

    Details of the online workshop on this topic and others are at the link below. We encourage you to join and benefit from these sessions.

    https://www.healthymindonline.com/totalwellnessvillage/events

    Video Source:

    Bank of America

    Enjoy!

    IMPORTANT:

    The opinions expressed in Healthy Mind Online “Specialist Opinion” are solely those of the named Specialist, who may or may not have medical or scientific training. Some information have been abridged from the mentioned sources. Nothing in the content should be considered, or used as a substitute for medical advice, psychiatric advice, diagnosis or treatment. This site and its services do not constitute the practice of any medical, psychiatric nursing or other professional health care advice, diagnosis or treatment. You should always talk to your health care provider for diagnosis and treatment, including your specific medical needs. We advise users to always seek the advice of a physician or other qualified health care provider with any questions regarding personal health, medical or psychiatric conditions.

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