Whenever a friend finds out that I write about personal finance they automatically assume that I know everything about financial issues. I get jumped with questions about mortgages, interest rates, the economy, and all sorts of financial issues. The truth is that personal finance in itself isn’t as complex as the economy or mortgage issues. You don’t need to be an accountant or a personal finance blogger to understand personal finance.
Personal finance is simple. It really is.
If you love finances and want to get into accounting you need to look into accountancy apprenticeships to see what options are available. The good news is that you can learn a ton about personal finance without earning a formal degree first.
You don’t believe me that personal finance is simple? Let’s look at a few examples.
Saving money is all about spending less than you earn. You get your paycheck, pay your expenses, cover your other costs, and then save the rest. You don’t need a background in investing to save money. You just have to spend less money than you put out. That’s all there is to that.
The reason that most of us can’t save money is because we spend far too much. We live an unrealistic lifestyle and spend money that we don’t have. This causes debt and the inability to save money. Once you’re in debt it often leads to a vicious cycle where you’re trying to play catch up and get sped up on your bills.
This is why it’s important that you keep it simple and start saving money as soon as you can.
Making more money.
To make more money you don’t have to earn a Master’s degree or work 80 hours per week. You just need to use your God given skills. You just need to solve problems. You need to do something that others are willing to pay for. That’s all there is to making more money.
Banking seems to be complex at first. We want to outsource this work becomes it appears to be intimidating at first. The truth is that all you need to do is open an online banking account, create a few sub-accounts, pay your bills, move your money around when you need to, and that’s all. Banking isn’t anything complex. Banking isn’t just for accountants or those with an investing background. You too can deal with your own banking right now. You can spend a boring afternoon on getting your banking in order. Once you get your bank accounts setup you can maintain them by only logging on for a few minutes on a weekly basis. You don’t have to use any fancy software or be stuck on your computer all hours of the day.
Are you ready to master your finances? I hope you believe now that personal finance is nothing to be afraid of. It’s time to conquer this intimidating world of personal finance.