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Here’s Why We All Need To Be Money Saving Optimists

July 18, 2017 by
money saving optimist

I recently read a Huffington Post article on the importance of being optimistic when it comes to climate change.

Solitaire Townsend, founder of Futerra argues that in order to save the planet, we need to think positively rather than assuming the end of the world is nigh.

She says: “It seems that human beings have an uncanny habit of making true what we believe. Whether that’s a belief in economic crashes, our own career trajectories or global climate meltdowns.

“If we believe the worst will happen then we are subconsciously demotivated to prevent it. Whereas, if we hope for the best, then we’ll work, invest, convince others and, in preparing for victory, we’ll create it.”

“If we believe the worst will happen then we are subconsciously demotivated to prevent it.”

I think the same can be said for saving money. Not a day goes by without the internet telling us we’ll never be able to save money, buy our own homes or even retire. Look at this quote from Cosmopolitan earlier this year

 

cosmopolitan housing crisis quote

Don’t get me wrong, the housing crisis is bad, but when websites like Cosmopolitan are telling us to give up on our dreams of home ownership and kiss goodbye to financial security, is it any wonder why so many young people don’t bother saving for the future?

Young people are constantly bombarded with scary facts and figures that make it seem like the odds are stacked against us. We’re so often told that we’ll never be able to buy our own homes so we don’t even try. It’s not helping.

We need to be encouraged and nurtured and hugged all the way to the bank. Instead of being bombarded with tales of woe, we need to be pointed in the direction of thrifty recipes, profitable side hustles, and high interest current accounts. We need to be given more success stories showing that people – from a multitude of backgrounds – can and do buy their own homes every day.

Dya know what? Even if some of us can’t save enough to buy our own homes, saving at least something can tremendously transform our lives.

Having a healthy savings account can enable us to quit jobs that make us unhappy, travel the world, invest in education, protect ourselves from unexpected financial emergencies and retire at a reasonable age. Savings are fun and empowering and life-changing! But we don’t hear much about this side of things because the media’s too busy scaring us.

Instead of telling us how bad the situation is, tell us what we can do to fix it and how these changes can transform our lives.

I’m definitely guilty of being a little negative on this blog from time to time, so I’m determined to change my ways and be more lovely and encouraging. I’ll probably still swear a lot though.

What do you think? Are you tired of being bombarded with scary money stories or do you think these sobering stats are important? Let me know in the comments. 

 

Here's Why We Need To Be Money Saving Optimists

Money

3 Common Obstacles That Stop People Starting Their Own Businesses

June 4, 2017 by
common business obstacles

Starting a business has long been an attractive concept. In fact, around 600,000 new businesses are launched in the UK each year. With self-employment offering a whole host of benefits from flexible working hours to a real sense of ownership and achievement, it’s easy to see why entrepreneurship is such a popular venture. However, despite the countless rewards that can come with running your own business, many people struggle to get their ideas off the ground due to these common obstacles. Continue Reading

Money

Labour’s Manifesto: Here’s How The Labour Party Plans To Change Your Life

May 11, 2017 by
polling station general election

This morning, Labour’s 2017 general election manifesto was allegedly ‘leaked’ to the press, making Labour supporters like me practically keel over with excitement.

As one guy on Twitter pointed out, even if Labour only managed to do half the things in its manifesto, the country would be a much better (and fairer) place than it is now.

I’ll run through some of the key takeaways from what the press claims to be Labour’s new manifesto: Continue Reading

Money

34 Signs You’re Not As Bad With Money As You Think You Are

April 15, 2017 by

Last week I spotted The Financial Diet’s brilliant post 29 Signs You’re Better With Money Than You Think and although I agreed with many of Chelsea’s points, I’ve decided to put my own spin on it.

Since creating the Money Mess To Financial Success Facebook group, I’ve spent a lot of time chatting to people who are convinced they’re shit with money. However, although some people have certainly made their fair share of money blunders (haven’t we all), I bet they’ve also had some financial triumphs too.

Here’s my list of 34 signs you’re not as bad with money as you think you are. How many do you tick off the list? Continue Reading

Money

Lower Your Expectations: Your First Home Should Be Below Average

February 11, 2017 by

Another day, another depressing story about the devastating state of the UK’s property market. On Thursday, Cosmopolitan published a story called ‘This is how much you should be saving each month if you ever want to buy a house in England’. The article looks at each region in England and suggests how much first time buyers need to save.

Here are the stats which originate from a study by the National Housing Federation. Further down the post, I’m going to explain why I think Cosmo’s article’s an unhelpful pile of crap. Continue Reading