The presidential race between Hillary Clinton and Donald Trump has certainly been nothing less than entertaining. But while it’s somewhat comical that our nation’s election has become something like a three ring circus, we have to quickly face the serious reality that one of these two candidates will ultimately be our next Commander in Chief.
Often times I hear people comparing their finances to what they think someone else’s financial situation looks like. Yet, the craziest thing is… none of us really even know the true financial situation other people are in! Society trains you to make assumptions about other people’s finances based on what you see and hear (especially on social media)… but don’t fall for it, girlfriends! Getting ourselves trapped in a financial rat race to keep up with other people is truly for the birds, because the truth of the matter is… anyone with that mentality is actually losing in the long run and here’s why:
Hey girl, hey!
So many people have asked, "Elle, why did you name the blog "Girlfriend's", Budget!? What about the fellas?" Look... when I first thought of blogging, I knew immediately that I wanted to market my posts towards women. In my humble opinion, women are some of the most remarkable beings walking planet earth. We work, cook, do laundry, make time for our significant others, take care of the kids, do the dishes, give advice to our girlfriends, go to school, handle household crisis, pay bills and so much more… all while still maintaining our fly.
However, as remarkable as we are… many of us still struggle financially to make ends meet, pay down our debts, and build up our savings accounts. In most cases, it’s definitely not due to lack of work ethic, but more so a lack of discipline and financial education. A survey done by Financial Finesse shows the eye-opening stats on how women perform with money versus men.
Let’s touch on a few of them... shall we?
Hey girl, hey!
So there you are minding your business, when you get that knock on the door or phone call from that one person (for some of you… two, three or more people). You check your calendar and notice it’s that time of the month when bills are due and you already know exactly why this person is contacting you… MONEY! Money… that you probably do not have to give. Money… that you need to make your own household ends meet. Money… that you probably could and should be saving. But then the guilt sets in and for whatever reason you loan the money anyway, knowing that doing so could potentially put you and your family in a bad financial situation. Yet, so many people find themselves loaning out money to other grown folks which in turn, causes you (and that person) to stay in a financial bind. When anyone asks my opinion about lending money to a friend or family member, my answer is usually one word: DON'T! Here's why:
In response to the recent events that have taken place, I decided to do an unscheduled post. The unthinkable tragedies that have recently happened in Minnesota, Baton Rouge, LA and Dallas, TX have awakened the public to almost a mass frenzy. On Facebook and Instagram I see hashtags of Black Lives Matter, I see people walking the streets marching and protesting in support of the Black Lives Matter Movement, but my question to you is… what else are we doing? As a full supporter of the Black Lives Matter Movement, I believe protests and hashtags have some potential impact, but there has to be more than just that. We have to take our power back…. And it begins with our money.
Hey girl, hey!
So of course, it's expected that some days we will have more money to spend than others. So what's a girl to do on those days when you and your bank account are not in agreement? Below I have listed 5 things that I like to do when my account tells me to "have a seat".
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