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How To Use Money To Fulfill Your Purpose

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How To Use Money To Fulfill Your Purpose

We’ve heard of putting our money where our mouth is, but how do we put it where our heart is?  Is such a thing possible?  Can we use money to better fulfill our personal purpose?

With focused work, yes, we can use money to fulfill our purpose.  Cultivate a balanced financial perspective and put your money to work for you, by adopting this mindset.

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1. Accept that money is a tool, and you need it.

That’s all money is—a globally recognized tool that can be exchanged for things you need or perhaps want. While en vogue to pretend like money does not matter, it does. Money can’t buy health, but it can buy medical supplies; money cannot buy happiness, but it can buy an outing for your child or food for a pet, which is perhaps the closest we come to paradise on earth. Money cannot buy love, but it can be used to fund your favorite charities, creating more love in this world. Accept that you do need money. You do not, however, have to become consumed by that need.

2. Realize that tools are meant to be used.

There is a line between preparing for the future and living in the present; it is particularly challenging to walk this line when dealing with finances. While it would be irresponsible and immature to go into debt for trivial comforts, we amass wealth so that we might one day buy houses, send kids to college, take pleasant vacations, or pursue expensive hobbies like photography or sailing.  When the time comes to spend money on those things, and you have the money, spend it! Spend it with joy and completely without regret—that is what money is for.  When you end up spending large sums on things you did not plan for, such as a new car when yours breaks down, braces for a child, or a new stove, spend it with joy and completely without regret—again, that is what money is for.

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3. Leverage your assets to increase your own happiness.

What makes you happy? Is it a particular hobby, charity work, trips to a meaningful location? Whatever it is, it likely requires gas to get there, equipment, or perhaps childcare or a day off of work without pay to actually pursue these activities. When do you feel best? Is it when you work out regularly at that gym you like, when you get a massage, when you shop at organic food stores? Nearly everything requires some sort of financial output. Spend your money on what makes you feel and live your healthiest and happiest.

4. But first, leverage your assets to discover what makes you happy.

Not entirely sure what your purpose is, or what makes you happy?  Start saving up to take a class, join a hobby club or association, donate your time as a volunteer, or fund a trip.  Pack a journal (purchased with—you guessed it—money!), and take note of when you feel the most relaxed, smile the most, and are at your personal best.  Not feeling it yet?  Save more money, try something else.  Or, treat a trusted mentor to a nice dinner and ask for their advice.  Eventually, you will find a place where you fit and an activity that invigorates you.

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5. Politely ignore others.

While others can contribute to your happiness, they cannot make you happy. Likewise, while others may be able to help shed light on your purpose, and share their wisdom about how you might most effectively use money to fulfill your purpose, it is your money and your purpose. Be bold when you need to be.

Struggling to identify and articulate your purpose?  Check out these 5 Steps to Find Out Your Life Purpose.

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Featured photo credit: Nina Matthews Photography via flickr.com

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Last Updated on January 27, 2022

5 Most Affordable Australian Cities For Students

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5 Most Affordable Australian Cities For Students

With high standards of education, a multicultural community, and laid-back lifestyle, it’s not hard to see why so many students love Australia. However, one thing Australia is also known for is being the world’s most expensive country to study in as a foreign student.

For those willing to look beyond popular cities like Sydney or Melbourne, however, study abroad doesn’t have to be unaffordable. Check out these five more economical cities that still make for great student living.

1. Gold Coast

If you’re looking for a more affordable place to buckle down and study while still enjoying glorious beaches and a vibrant nightlife, the Gold Coast is an excellent choice. While it has no shortage of restaurants, cafes, bars, and natural attractions, the city is also well-known for its quality of education.

Gold Coast is home to Bond University, which has Australia’s highest rating for overall graduate satisfaction, but also some of the country’s highest tuition fees. Fortunately, it hosts campuses for Griffith University and South Cross University as well, both of which have affordable options for international students.

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When it comes to off-campus accommodation, there are plenty of choices, from shared housing to homestays. Real estate sites like Flatmates can be useful for finding options within your budget.

2. Wollongong

Wollongong’s close proximity to Sydney (80 km) makes it a popular choice for students who can’t afford the high cost of living in Australia’s largest city, but still want to experience all that it has to offer. Wollongong itself is a lively city as well, and is rated as the country’s most livable small city thanks to its gorgeous beaches and lively city centre.

The University of Wollongong is one of Australia’s top universities, with a comprehensive academic program, international research reputation, and high graduate employment rates.

Due to a lack of on-campus parking, most students prefer to walk, cycle, or use the free bus service that operates between the university and city centre. Living costs are quite reasonable in Wollongong, and sites like Gumtree can come in handy if you’re looking to split housing costs or even score some second-hand furniture on arrival.

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3. Hobart

Hobart is the capital of Tasmania, the second oldest city in Australia, and also the cheapest city for university students to live in. While it might not be as happening as cities like Gold Coast or Brisbane, its striking natural beauty and slower pace of life make it a great place to block out distractions and focus on studying.

The Hobart Universities sector is based on a single institution, the University of Tasmania, which is consistently rated among the top ten universities in Australia and has a large population of students from abroad, with more than one in five students being international.

Although public transport in Hobart isn’t as convenient as could be, there is plenty of student accommodation available to make up for it. Students often live in shared houses near the university so they can simply walk to class. If you’re looking to rent a shared house or room in the area, Easy Roommate can be a good place to start your search.

4. Adelaide

Of Australia’s major cities, Adelaide is the cheapest to live in. That, along with its spacious layout, clean and green atmosphere, and beachside attractions make it a great place to live and study. It’s also regarded as the food and wine capital of Australia.

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Adelaide has three universities, including the University of Adelaide, which is ranked in the top 1% of universities worldwide; the University of South Australia; and Flinders University. Its integrated bus, train, and tram transportation system connect all parts of the city and make it easy for students to get around.

Naturally, the cost of accommodation is lower outside the city centre, and depending on which university you’re studying with, the outer suburbs could be more convenient as well. Check Study Adelaide for information on a range of student accommodation options, from independent living to homestays.

5.  Brisbane

Brisbane is the capital of Queensland and Australia’s third largest city. Unlike Sydney and Melbourne, it’s known for being one of the most affordable cities in Australia, which makes it a good choice for students. It’s also known for its pleasant subtropical climate and wide range of entertainment options.

Brisbane has three major universities: the Queensland University of Technology, the University of Queensland, and Griffith University (which accepts the most study abroad undergraduates). The inner city is well-connected by public transportation, although cycling is popular as well, and there are plenty of cycle paths that make it easy for students to get around this way.

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Students typically live in and around the inner suburbs, where the bulk of Brisbane’s teaching facilities are located. If you’re looking for convenient accommodation off-campus, you can check sites like Urbanest or The Pad.

Featured photo credit: Bhavesh Patel via unsplash.com

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