Experts' Corner

guru forex ask

Keep showing up every day and trying to get better. Don’t count yourself out.

  • Jacob Rogers
  • Posted Articles: 7
  • Last Posted: 2017-06-08 11:09:23
    • Guru StarsGuru Stars

Appreciate Your Inner (Financial) Beauty

2017-01-26 11:46:21

This season of giving and lending a hand, bask in your inner (financial) beauty.



Perhaps you are wondering why we are telling you all of this. Read on: every person feels the strong need to attain financial security, longs to experience the best things in life, desires to meet their wants and needs, and aspires to be financially stable someday. Embracing your inner (financial) beauty in order to achieve your dreams. How? All it takes is empowering you, improving your monetary experience, and unleashing your financial potential.



Empower yourself. The concept of intrapersonal communication is knowing the real you inside and out. Applying this ideology in finance, empowering yourself entails acknowledging your strengths and weaknesses, focusing on the positive and letting go of uneventful occurrences, and educating yourself. Set your short- and long-term financial targets and how you intend to accomplish these goals. Evaluate what happened in the past, good or bad, in order to pick up the pieces and move forward. For example, if your business venture became unsuccessful, know what caused that failure and avoid committing the same mistakes.



Improve your monetary experience. It all begins with handling your own finances the right way. Practice delayed gratification, distinguish your needs and wants, budget your money wisely, and of course, create an emergency fund for the rainy days. If you have student loans to pay, settle it the as soon as possible. If you have other financial obligations, fulfill it right away. Mapping out your strategy can do the trick for you.



Unleash your financial potential. After securing your financial cushion, invest. But do not just focus on one product or derivative. Do your own due diligence. Read books on investing and the like. Seek a professional advice, if you must. Never let fear or greed take over you. Always remember to make the money work for you, not the other way around. That way a peaceful retirement is guaranteed.