The Paper Chase

i’ve developed a personal philosophy about money over the years: don’t sweat over it.

Not that i’ve ever been ballin or nothing. It’s just that i’ve always seemed to be able to find the money for the things i needed.   In fact, the times i’ve been hard pressed have always been the precise times that i stressed over money.  That is, when i disobeyed my own philosophy.

That sounds cool and all, but you’ll need a plan at some point, right?  You can’t keep living all willy-nilly by some chance that things will work themselves out.   After all, we’re talking about prosperity, not just making it.

True, indeed.  And as i move forward on my mission, i’m becoming more and more cognizant of the fact that, were i more intentional with the money that has passed through my pocket over the past several years, i could be in a much better position then i am now.  Certainly going forward, i want to be in the best position possible.

i ain’t gonna front, though.  When i think about how much money i’ma need to make off the strength of my talents, i be feelin a little something in my stomach.  Fifty dollars for a gig here and there certainly ain’t gonna cut it.  i mean, i know i’m slim, but a brotha still gotta eat at some point.

Either way, i know i can’t give into that feeling, because it sho’nuff leads to “taking a temporary job to get my bread right.”  Next thing you know, it’s been 8 years and your bread still fallin flat! (More yeast, playa!  More yeast!)  Nah, i know it’s all in the planning, so let me get this right.

Over the next few weeks or months, i will be posting about different aspects of the financial planning game.  Don’t look for expertise.  Just look for some things i’m coming across in my research and planning that may help you as well.  But please, please, please feel free to share any wisdom you may have.  We in this thang together.  Let’s all get “our bread right.”

-amari

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2 Responses to The Paper Chase

  1. Omilade says:

    Okay, I’m by no means a financial advisor but these are a few things that have helped me.

    Shift in Perception: I used to often think “I can’t afford this or I won’t have that”. Our thoughts simply attract more of the same. I created a reality of lack and worse, I lived in fear of the lack I was creating. A shift in perception was necessary not only to improve my relationship with money but to preserve my peace of mind.

    Fill the Hole: pay what you owe; whether it’s to a company or a person, if the debt is validly yours, pay it. Once I did this, I took responsibility for past decisions, improved my credit score, eliminated the looming void of owing others and the best part is I felt personally empowered.

    Create Reciprocity: To get, you must give. I started to give in small amounts and noticed once I released the fear of not having enough, a flow began. If currently unable to give money, give time and energy…just give something and witness reciprocity at work. (Check out sites like Kiva.com or Kickstarter.com)

    Prudent Prosperity: Things do happen and we should prepare for the unforeseen by setting aside an emergency fund. Ideally, it’s good to have at least six months of living expenses on reserve. I started with one month and moved up in manageable increments. The times I wasn’t saving were the very times things “came up” and the money was gone before I could even count and fold it.

    Work With What You Got: I’ve recently considered making the switch from card to cash. It will force better spending decisions and help avoid the blind swipe of the card (I’m a swipe pro). Also, I only use credit cards for revolving credit and make sure to only charge what I can pay in full and on time.

    Bet on Black: We’ve heard the phrase “pay yourself first” and it’s a great motto. I pay myself before doing anything else. I not only steadily increase my savings but affirm that my time, efforts and hard work are valuable and worth investing back into myself.

  2. Pingback: Wait Til i Get My Money Right | Walk With Me

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