Happy Friday, everyone! It’s been a busy and exciting week as we just held the 2nd Annual Financial Literacy Awareness Carnival on Wednesday. This year, I gathered a group of bloggers to share their Money A-Ha’s with you. A special thank you to all the participants for sharing your knowledge and your support for financial literacy.
There were so many great stories and lessons in this year’s carnival that I wanted to highlight a few common themes I noticed.
There is a popular misconception that in order for investing to be effective, it must be complicated or hard. These posts will help change your mind:
If you want to get ahead as quickly as possible, you may want to consider a side hustle or setting up multiple streams of income from investing, rental properties, online work, etc. Your creativity is unlimited and priceless. Learn more from:
It’s unfortunately a lot easier to get into debt, than it is to get out of it. But it is also not impossible. These bloggers have done it and now enjoy a debt-free life.
Sometimes our control over our finances is a bit of an illusion. Whether it is fear, debt, our emotions or us playing “keep up”, we are not always the one in control. These bloggers figured out what they needed to do to put themselves back in the driver’s seat.
We fill our lives with stuff because we believe it will make us happy, even though that is not always the case. These bloggers took a hard look at their lives and figured out what truly made them happy … and it’s not random stuff.
Open communication is an absolute must between partners. Without it, even strong marriages can needlessly suffer.
Financial literacy doesn’t just happen. You have to educate yourself and sometimes ask for help too. These bloggers rose to the challenge and became financially literate, so they could better their financial lives.
Financial literacy may not be a mainstream topic … yet. But I believe that will change in the near future. Everyone wants to create a good life for themselves and their family, which means they need to make smart money decisions. And that, my friends, is the very definition of financial literacy. Becoming financially literate will change how you live your life. I appreciate you helping spread the word of its importance.
Photo courtesy of www.FreeDigitalPhotos.net.
The Heavy Purse Store is now open! My new downloadable Money Club Workbooks are now on sale. Each workbook provides five targeted lessons to help you raise Financially Confident Kids. Please check them out in The Heavy Purse Store.
SHANNON RYAN, CFP®
Have a lovely weekend!!
Have a great weekend!