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Showing posts with the label Financial Mindset

Unmasking Our Spending: The Hard Truth About Wants vs. Needs

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  We often tell ourselves we "need" things to survive. But for most of us living in modern society, our "needs" are actually "wants" in disguise. When we label a luxury as a necessity, we give ourselves emotional permission to overspend. This creates a mask that hides the truth: your financial stress isn't caused by a lack of income, but by a lack of priority. If you want to reach financial freedom, you have to be willing to unmask your habits and call them what they really are. The Big Three: Food, Cars, and Schools These are the areas where the line between "need" and "want" gets blurred most often. Food: You need calories to live. You want the convenience of DoorDash, the atmosphere of a steakhouse, or the premium branding of organic-only grocery stores. If you are in debt, "eating out" is a want you cannot afford. Vehicles: You need reliable transportation to get to work. You want the heated leather seats, the upgr...

How Ego Gets in the Way of Your Financial Goals

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How Ego Gets in the Way of Your Financial Goals A year ago, my trusty push mower died. To maintain a nice lawn, I needed a new one. I wanted a self-propelled model to get my steps in, but the prices at the store were shocking. After seeing that a new mower would eat my entire lawn care budget for the season, I turned to Facebook Marketplace. The mowers online were half the price of the new ones. I messaged a few sellers, found one that looked promising, and arranged a meeting. I grabbed the cash and started my 30-minute drive. Twenty minutes in, the seller texted to cancel, and my wife noticed the ad was gone. Frustrated, I moved to the next option on my list and drove 40 minutes in the other direction. I met a couple of men at a storage unit. The mower ran but looked heavily used. A voice in my head said to walk away, but after all the driving and frustration, I just wanted to get it done. I bought the mower, not happy with my purchase, but I needed to get the lawn cut. Once I got hom...

Why Living Below Your Means Unlocks True Financial Freedom

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  Why Living Below Your Means Unlocks True Financial Freedom Yesterday morning the alarm went off. I usually wake up at the alarm and get the day going, but not yesterday. I just wanted to stay in bed a little longer. Because I stayed in bed, I didn’t get my normal routine going and so my morning got thrown off. As he always does, God met me in my experiences and part of my Bible reading was Proverbs 24. It is full of verses like 33 & 34: “A little sleep, a little slumber, and little folding of the hands to rest, and poverty will be upon you like a robber and want like an armed man.” Such a good reminder that in my life to not overly prioritize rest and relaxation. Proverbs 24:27 also hit home: “Prepare your work outside, get everything ready for yourself in the field, and after that build your house.” We seem to be reminded and instructed to prioritize work and income before planning our household expenses. God provides for us through our work that he has given us the ability ...