The perfect advice for anyone who’s struggling to make ends meet

August 17, 2015

The only advice about money that college seniors need to read

August 17, 2015

Are your friends sabotaging your money goals?

August 17, 2015
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Are your friends sabotaging your money goals?

Group Text message: Hey Ladies!!! So you know my birthday is coming up in less than a month and I want to go to Dallas for my birthday! I just looked at the flights round trip is $217. I’m still looking at hotel deals, but I really want a nice suite because you only turn 25 once! I also already talked to one of the club promoters out there and he was able to get us a great VIP package ($500 for 2 bottles!). I’ll let you know how much it will be for the suite. I’ll need a deposit by next Friday. Let me know if you can join love yall!

Has anyone else ever received a text like this from one their friends and instantly felt like they couldn’t breathe? Like literally, all your hard earned saved money just flashed before your eyes. How are you supposed to reach your money goals if your friends always want to go out and travel? Well that’s what I’ll be talking about in today’s post.

Be honest; let your friends know your goals.

There’s this powerful word out there I’m not sure if you’ve heard of it, but it’s called No. You have to learn to say no to other people so that you can say yes to yourself. Let your friends know what your financial priorities are. They should understand, and if they don’t then are they really a true friend? That needs to be in the friend rulebook: Thy shalt not let their friends go into debt. Maybe even try a saving money challenge with your friends. Let’s see who can save the most money this month?

Some friends are above your pay grade.

Remember when you were little and your mom use to tell you that you can’t try and keep up with the Jones. Well the Jones are all grown up now, and they like to spend. They have a spending spirit and you need to throw holy water on them. lol I’m not saying that you can’t afford to be their friend because you can. You’re just choosing to spend your money on things that really matter to you. A budget isn’t there to keep you restricted it’s there to keep you on track and help you spend your money on the things that are really important. (I talk more about money goals here, get you some!)I’m not saying you can’t travel and hangout, but be sure to create a budget, or separate vacation account and plan ahead of time.

 

Find like-minded friends

There are levels to this friendship game. You have your friends you can go out and party with, but you also need friends that have goals that are similar to yours. If you’re trying to build a brand find other friends that are also working hard to build their brand too. If you’re trying to get in shape find a friend that lives at the gym. You need people in your life who are going to force you to level up. Time is ticking and we can’t afford to be in the same exact place we were in a year ago. Like one of my friends @LORRELLWINS says “If it’s not progress it’s depressing.”

Your friendship isn’t tied to the years you’ve known someone it’s tied to the value that person is bringing into your life.

Sometimes those same friends you used to swing with at the playground will have you swinging in the playground of mediocrity. If you don’t like the way your friends act or think, or the things they do, then you should change your friends. Certain people can make you stuck and stagnant.

 

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Be careful of I wish I could friends + the friends that always tell you that you’re lucky.

We all have them I wish I could lose weight, but I’m just too lazy. You’re lucky that you’re a morning person. I wish I could start this business or blog, but I just don’t have the time. If I had more time like you I would. Girl bye!

Tell your friends to stop wishing and take action. There are no excuses, just 24 hours in a day that you keep repeating the same lies to yourself because you’re afraid to be great.

And this isn’t about luck it’s about HUSTLE + DISCIPLINE. It’s about wanting more for you. It’s about setting a goal and getting it done. I don’t want to hear that you don’t have the motivation.

It’s less about motivation more about discipline

You think I want to get out of bed and hit the gym when my alarm goes off at 6:30 am? No I don’t, but I force myself to get up and go. Do not allow anyone make you feel bad about taking action and getting your life together.

At times we have to love people from a distance. It’s not being fake, it’s being real with yourself.

What do your friends have you becoming?

I know it’s not January yet, but it’s not too late to start rearranging your circle. “You must constantly ask yourself these questions: Who am I around? What are they doing to me? What have they got me reading? What have they got me saying? Where do they have me going? What do they have me thinking? And most important, what do they have me becoming? Then ask yourself the big question: Is that okay? Your life does not get better by chance, it gets better by change.” Jim Rohn

Let your friends know your money goals, include them in the plan. Maybe create a savings challenge or paying off debt challenge. If you are traveling plan ahead of time. Create a sub savings account just for your travel and have money put aside each pay check. Most importantly redefine your definition of luxury. Remember Luxury is reaching your financial goals and not being trapped in the debt cycle (<— probably one of my favorite posts) for the rest of your life.

 

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