The following blog post is part of The Road to Financial Wellness blog tour. The Road to Financial Wellness is a three-month, grassroots campaign promoting financial empowerment on a national level and encourages people to pursue their dream lifestyle. Find out more about local events near you.
Since embarking on my personal finance journey, I always credited two events as my rock bottom. One I actually learned from and that was not being able to pay for a semester of school at a community college. My FAFSA wouldn’t go through and it was less than a month to the starting of school. It was $900, I worked part-time and had maybe $50 to my name. I was 23 years old.
Since starting my financial journey, and blogging in some shape or form over the years, I’ve had highs and lows. I’ve had thousands stashed away and sometimes, I was living paycheck to paycheck. Although I think I have a grasp on things now, I feel like I never know what’s around the corner, and that is me being brutally honest with you. At any time, you could lose your job, get in a car crash or have a close family member die unexpectedly. And I can tell you these things happen because they have all happened to me and set me back financially, emotionally and physically.
But, what I can also tell you is that you can try to prepare, like I am doing now. Actually, my twenties have felt like a whole lot of preparation and it’s the times I stop that things go south. When I take time to actually budget my paycheck, I usually have an amount leftover for my goals versus not knowing where my money went. When I take time to prepare my day the night before, I’m usually not so rushed and grouchy the next day. And when I made the financial decision to go back to school, I knew two years of hard work was going to prepare me for the next step of my entrance in the workforce and in my life.
Preparation is the way I’ve been able to financially empower myself and it comes from within. I can’t stop bad things from happening to me but I can prepare and empower myself in whatever way I can. I can work on having a healthy savings account and remind myself why it’s imperative when I would much rather go out to eat and not warm up leftovers. I can go back to school and work on my skill set when I would rather just be comfortable. And, I can let myself feel my feelings when I would rather go shopping as most recovering spenders would and talk to my therapist instead.
Financial empowerment is about finding something inside you that empowers you to financially take on the world. Preparation is mine. What’s yours?