3 Money Tips You Should Know

We make financial decisions every day. But most of us are going about it the wrong way... I know I certainly have, and bad habits die haaarrrd!!

This POST was created to provide you with some valuable information to help you manage your money and other financial resources better.

• Break the Cycle and Manage Your Debt!

That flashy new Apple watch, posh brand named purse, Louboutin shoes, and/or  luxurious vacations may appear to be a well-deserved reward for slaving on the job, but don't let it cloud your judgment. Whipping out your hard earned income for an impressive highlight reel will only cause you pain behind the scene.


Especially if you borrow to pay your way. You will face difficulty in repaying the debts and some severe penalties at the end of it all. Soon the rose will fade and all you'll have to contend with are thorns and a fading memory of it.

Wealth abundance is more than just financial well-being. It includes divine blessings and prosperity in all areas of your life—friendship, family, health, home, and so on. Ever notice how when you are broke, you start having all sorts of aches and pain in your chest and your body. You have to break the cycle of poverty and financial captivity in your life by stop living in instant gratification zone.

• Limit Your Debt Ratio and How They Affect You

Avoid borrowing more money than you can afford to pay back, even if you think you can afford it. It may seem that you are richer than you actually are, but in reality, you are only digging your own grave to fall in. The more negative asset you have, the deeper the hole.

Avoid multiple too many creditors. It will be easier to stay afloat and make repayments when you have fewer lenders. Too many credit cards become a financial trap in the long run. Narrow it down to no more than 2; 3 if you must.

Avoid interest rate and penalty charges by paying all your bills IN FULL, on or before the due date. High-interest rate and late payment fees can create a steep hill in your financial journey.

If you are unable to pay your bills IN FULL, try to pay MORE THAN the required minimum payment. The MORE you repay every month, the QUICKER you will be debt FREE!

• It Pays To Be Informed...

Speak to your financial institution or make a date with a personal financial advisor to discuss strategies to protect and grow your wealth. Meet someone that you admire for tea or coffee and ask them to mentor you on wealth creation.

Read books like the Richest Man In Babylon, by George S. Clason; Think and Grow Rich, by Napoleon Hill, or Girl, make your Money Grow, by Glinda Bridgeforth and Gail Perry-Mason. These books are amongst the many that will provide valuable tips and insights to enrich your life and live in real abundance!

Make friends with your money—you wouldn't abuse or throw away your friends, so treat your money like you treat your friends—safe and secure. Bagging everything on credit, overspending, and living above your income threshold can only serve to hurt you and your family; not help you.  keep your home and your life clutter free to allow good energy to flow. Organization brings clarity and clarity makes the way easier. Track your spending!

In summary, practice wise, healthy spending habits to secure a better financial future sooner rather than later. So, you say you want financial security, right? What are you willing to do differently to get there? Are you stuck doing the same things over and over? To achieve a healthy financial diet, cut the crap out and control your spending habits. Live on a budget until you can afford not to. It's a wise thing to do. Don't wait until it is too late to start practising good habits. But it's better late than never.

Until next time,
This is AggieStrong V!
Be Blessed. Be Bold. Be Strong. Be You!!
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Andrene Gregory is a life coach with certification in LifeSkills training and Personality Dimensions. She helps empower adults to live a strength-based life, regain their confidence and find the courage to get through life's challenging situations. Her unique approach to getting desired results includes personality assessment, self-knowledge, goal setting, and action planning.

Andrene provides one-on-one coaching and group workshops. Find out more at www.aggiestrongulc.com.