The Illusion of Wealth: Why Your Six-Figure Income Isn't Saving You from Credit Card Debt
If your money seems to be vanishing from your account faster than king crab legs at an all-you-can-eat buffet, trust me, I understand the struggle because I've been there too.
Here's the deal: You're letting social and societal pressures dictate how you use your money, and it's time to put a stop to it. It's time to put yourself first, for once. Here's what that looks like:
Be kind to yourself. Understand that there's no such thing as being behind in most cases. Financial journeys are personal, and everyone progresses at their own pace.
Be honest and direct with people who don't understand your financial goals. The world is changing, and you don't have to live by outdated financial norms. You have the right to prioritize your financial well-being.
Prioritize building an emergency fund before aggressively paying off debt. Having money set aside for emergencies can provide immediate peace of mind and teach you valuable lessons in managing your finances.
Learn to say no when people ask you for financial help. Remember, their financial problems are not your financial problems. It's essential to protect your own financial stability.
Be selective about the events you attend if they are straining your budget. This includes dinners, drinks, movies, and games. Take a break from these activities temporarily to figure out what truly matters to you. Consider hosting low-cost gatherings at home, like wine and puzzle nights.
If these points hit home a little too hard, it might be a sign that you need some support in creating healthy financial boundaries. In my program, Electri FI Wealth, I teach you how to find your financial North Star and stay on course, regardless of what anyone else thinks.
Remember, your financial well-being matters, and it's okay to prioritize yourself and your financial goals. Take control of your money, and you'll find greater peace and freedom in your financial journey