00:00An actual baldness means to me being able to identify what you need and want to live a life that's comfortable for you and your family.
00:10In addition to that, finding out what it'll take for you to have that type of future and leave the type of legacy that you'd like to leave to the people that are important to you.
00:20Yeah, and I agree with that. I think that for me, it's really about having a healthy approach to both how I use money, how I make money, and how I talk about money.
00:32Because I want to think about money as a tool as opposed to bondage, really.
00:37It's energy. It comes, it goes, and understanding when you have it, how to invest it, how to make it work for you, how to celebrate the relationship and be able to share that with your family.
00:48For me specifically, my daughter, and having her understand, like, you know, money isn't evil.
00:53It's something that we have, you know, it comes and it goes out. But how do you want to use it? How do you want to leave that legacy?
00:59Whatever I save, I want to save for her to do whatever she wants to do. I'd like to have a nest egg there.
01:05Have I started? No. I had my daughter very young. And so there are still things that I feel like I'm learning in my life that I'm building and growing.
01:13But everything I learn, I teach to her. I always tell people that we're growing up together.
01:17So I'm always like, okay, I just learned how to save this. You're going to learn too.
01:21I love the idea of starting with her so young to say, how can we create wealth for you and for our family?
01:27And how can I educate you on how to be financially literate and savvy, you know, along the way?
01:33And I think that's one of the hardest things in our community sometimes is that lack of education.
01:39And so it's not as daunting as it seems. But if you don't know the key steps to take, sometimes you miss great opportunities to build wealth and create a legacy for not only yourself, but for generations to come.
01:51I think a lot about all of the ways that I have felt very behind in finances.
01:56Everything has felt like a catch up. I know that I was very guilty of this when I started out in my career feeling like I wasn't making enough money.
02:05So savings was something that I didn't have to think about. No matter how much money you make, even if it is just a dollar you should save, at the end of the year you will have $12 that you never had.
02:13That's more than you started with. Every little bit counts, right? There's no such thing as too small to be put towards something that's important to me.
02:22So I think getting past this idea that you have to have a large sum of money to even begin the process is probably step one.
02:29And then set it and forget it, right? So if you never see it, how much are you really going to miss it?
02:33I do know a lot of emotional spenders. A lot of them exist within my family and I think you take on those traits.
02:40And I think I've had to put it in perspective, like what can I do for myself that extends to my daughter?
02:46And what boundaries do I have to place in order to get to where I want to be?
02:49When I do my budget now, I lay out like five things that I'm like, these are my core values when it comes around money.
02:55And every dollar that I have has to go towards those things.
02:58I love that. And so that helps a lot with like emotional spending.
03:02But the thing about talking about all of those is that every time I've been open with my friends about it,
03:07everybody is doing dumb money things. It's okay. It's like you can fix it.
03:12Fix it.
Comments