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4 Habits To Avoid For Financial Security

4 Habits To Avoid For Financial Security

In our world these days, money has become a debatable conversation. On one end of the world, the elites hoard money and gold bars while on the other end millions are fighting for a dollar. Therefore it has always been the largest community in the middle that’s in the fine line of falling through either end or staying stable.

Financial literacy has been a major subject for many discussions as we lack financial education in our schools, home, and work. These have led to many unforeseen circumstances for many families; the impact has been a catastrophe, which wasn’t intended. Therefore, it’s become crucial for one to understand how to protect one’s assets.

Here are a few pointers to ensure your financial stability excellence despite a terrible economy in the future.

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 1. Avoid Spending Like A Fish

You’ve heard the statement drinking like a fish; however, there are instances where one spends like a fish. We grew up watching Hollywood painting luxury and brands as affordable items for many. Therefore, the moment we start earning a sufficient income we tend to spend on Bvlgari, Prada, and Armani and we forget that even flea markets offer the best options too.

However, these forms of investment hold value only under one’s eyesight and they fail to provide any financial values. Eventually, this form of unprecedented spending leads to a bad financial status. Therefore instead of spending your money on invaluable assets, try saving and investing them in profitable and passive income generating avenues.

2. Avoid Investing in Unsolicited Investments

Well, we have all heard that investing is the best way to ensure financial security. However, an unsolicited investment such as bets and gambling can lead to a great loss. Usually, this happens in the superstitious-ness of one’s mind; being influenced by the Do’s and Don’ts of gambling or avoiding the Number 13 bets becomes the key factor when one indulges in gambling.

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However, one must also realize that not everybody can be the master of the game and the house always wins. In our world, being influenced by quick cash and fast riches has to lead to the destruction of many finances. Therefore, investments are definitely a good idea, however, there’s a fine line between investing in a share market and investing in a slot machine.

3. Avoid Putting All Your Eggs In One Basket.

You might have heard this saying, “don’t put all your eggs in one basket,” and that definitely resembles how finances should be handled too.

This concept applies to savings and investments. Therefore, instead of keeping all your money in one bank account, one might as well diversify one’s assets. Hence transforming all income into either valuable assets, bonds, savings or other currencies is an excellent idea.

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This gives you a cushion and a backup plan in case one of your finances falls through; you will definitely be able to recuperate through your other “baskets”.

4. Avoid the Term “Settling Down” Until You’re Ready

Humans are programmed with a routine; we are all taught at a very young age that the biggest priority is to follow a pattern of life. Many of us find our soul mates, get engaged, married and proceed to have children. This is where the term “settling down” comes in. Our first investment would be a car and a house under a mortgage. While many debate the importance of not having a real estate and asset investment, Guy Kawasaki mentions that taking a mortgage is what has kept half the world population in debt.

Hence, avoid the term settling down until you’re ready. You should have a surplus of passive income, which gives you the comfort and confidence of purchasing an asset or real estate without being bonded with a mortgage. Loans and Mortgages exist as a diabetic sepsis to keep the world constantly in debt.

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Hence, if you’re able to break free it gives you a great incentive for a financially stable life.

There are many ways to ensure your financial stability. These are some simply, precautionary methods to help you towards a stable, wealthier and happier life. While many say that money doesn’t buy you happiness, it certainly builds a bridge for it.

Featured photo credit: Tumblr via europedirect.lt

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Last Updated on April 9, 2020

How To Trust Your Intuition When You’re Making a Decision

How To Trust Your Intuition When You’re Making a Decision

When you have an important decision to make, what is the first thing you do?

You want to know if your decision is right or wrong because, of course, you want to make the right choice. Do you go to friends hoping they will tell you? Do you agonize over it writing lists? Or have you ever tried to feel into the wisdom of your body? We all have the ability to read the body’s signs – inwards and out. But not everyone knows how to listen and trust your intuition.

You may have noticed two voices in your head arguing back and forth. They can get loud and confusing because they both seem concerned for your well-being.

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So which one is your inner knowing and which is simply resistant? You can tell through the simple exercise of slowing down, breathing deeply and tuning into your body. You will notice very real signs.

Everyone can tune into their intuition with the simple exercise outlined below. If you want to know how to trust your intuition, read on.

The Golden Rule

A rising, light and expansive feeling in your heart is a yes. A sinking, contracting and heavy feeling in your gut is a maybe or a no, which are both a no. The best way to access these feelings is by slowing down with a deep breath.

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Access Your Inner Guidance

Think of a simple decision you have to make that has two sides to it. Forgetting your background stories, take each at a time and sort of role play as you alternate each option in your mind.

Don’t go into the details of how you’ll get there or how a certain person might feel about it. Drop the stories and worries around it, simply be with one option, as though it is your choice. Remember, you can always pick up your concerns again right afterwards, if you want!

Bring option A into your mind like you are already there. It doesn’t have to be super specific, just imagine it is the direction you take. Start with the breath because it is clearing, it resets your nervous system and brings you to be completely present. Begin with your long, deep breath, exhaling all the way out.

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As you sit there and think of option A, notice what is happening in your body. What sensations are there, and where? Do you feel a buzzing in a limb or a prickling sensation? Maybe butterflies in your stomach? Sit with it, not judging it. Simply take note of what your body is telling you. If it is light and expansive then you have a good option. Now, take another breath to clear out option A.

Next you will probably notice feelings in different parts of your body as you focus on option B. Again, drop the fear and doubt you might have around it. Let yourself imagine (just for now) that this is what you’re choosing. Your breath is so important in this because it slows you down and connects you with your inner guidance. Give yourself that few extra seconds to deepen your breath. It will help you feel incredibly clear.

Become curious about the feelings in your body and how they are different from the last option. What do they mean? The answer is always in the weight of them. If they rise and feel light, you have your yes. The option that feels shrouded, heavier, contracted and sinking deeper in your stomach is the warning. It sounds simplistic, because it is.

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Your body has a profound and simple wisdom. When you let go of old expectations and open up to myriad possibilities, you can easily feel the best avenue to take simply by following what feels best. This is an important key in manifestation because how you feel at the start of any endeavor is generally how it will play out. So the lighter you feel about a situation, the happier it will be.

The Bottom Line

A special thing about intuition is that it never explains, it simply points the way. It may not always seem logical, but if it feels best then it will lead you to your success.

Remember, you need not to explain yourself either. Your internal yes will always be with you. The more you practice this and follow your internal yes, the stronger it will become and the more confidence you will gain! Soon you will notice it to be second nature, and the answer will come to you in a heart beat.

How have you connected to your intuition? We would love to hear how this exercise works for you. Where did you feel the yes or the no in your body? 

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Featured photo credit: Adrià García Sarceda via unsplash.com

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