Be sure to know how far you’re willing downgrade your lifestyle in exchange for your dreams before you take on any of your goals that places a risk on your finances.
Here’s our Master 5 Sticker! Other characters in our Positive Masters universe also have stickers available at http://www.positivemasters.com !! 😃
Master 5 is the master of financial peace. Master 5 says, “Everyone has different thresholds for dealing with financial risk. Be sure to know how far you’re willing downgrade your lifestyle in exchange for your dreams before you take on any of your goals that places a risk on your finances. Have enough reserves to handle the risk and a back-up plan just in case your project takes longer than expected to make returns on your investment of capital and/or sweat equity.” 🤔
For many of us, finances can be stressful. For me, I’ve burned my retirement funds twice, once for my political career, and again for my businesses ventures. For me, I would rather put my money in my career and education that makes me grow more well-rounded instead of buying a new car that depreciates. I buy things that I need or motivates me to improve myself. Here’s one of a number of examples of sacrifices I chose to take a chance on for my dream projects. Hawaii has been super hot and humid, and unfortunately, my air conditioner in my bedroom broke down early this year. “Ah, darn, I’ll sleep on the floor of my office since I have an air conditioner there.” Well that broke down yesterday, so now I’m sleeping back in my bedroom with two fans blowing and with my windows shut because the traffic is so loud near my place. 📚🎬👕🛫
[I wrote this article for Positive Masters, an e-commerce store at www.positivemasters.com, which provides lifestyle practices, creative writing, apparel, accessories, and fashion to boost your happiness and counter any stress, anxiety, or sadness you may be facing. We offer free shipping for purchases of $50 or more!] ❤
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