I'll be the first to admit it: I have a deep-seated fear of being broke. It's a fear that's been with me for as long as I can remember, and it's one that I've never really been able to shake.🥺
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As a kid, I grew up in a household where money was always tight. My parents worked hard to make ends meet, but there were times when we had to go without certain things because we simply couldn't afford them. Those experiences left a lasting impression on me, and also contributed to my fear of being broke.😨
But it's not just about the financial struggles of my childhood. It's about the feeling of insecurity that comes with not having enough money, fear of not being able to provide for myself or my loved ones, fear of losing my independence and my sense of self-worth.🤧
But despite the fear, I've learned to face it head-on. I decided to take some measures to overcome my fear of being broke, and they all revolve around writing and reading:
- Reading personal finance books: I've read countless books on personal finance, from classics like "The Richest Man in Babylon" to modern bestsellers like "The Simple Path to Wealth". These books have helped me to educate myself about money and to develop healthy financial habits.
2.Writing down my thoughts and feelings: I've found that writing down my thoughts and feelings about money helps me to process and release them. It is a good exercise that helps me to gain clarity and perspective on my financial situation.
3.Multiple income streams: I've tried to multiply my income streams to reduce my reliance on any one source of income. This includes freelancing, investing in dividend-paying stocks, and pursuing alternative sources of income.
Writing about my financial goals: I've found that writing down my financial goals helps me to clarify and focus on what I want to achieve. It's a powerful exercise that helps me to stay motivated and committed to my financial objectives.
Saving and investing: I prioritize saving and investing, even if it's just a small amount each month. This helps me build a safety net and work towards long-term financial goals.
Reading inspiring stories of financial success: I've read countless stories of people who've overcome financial adversity and achieved success. These stories inspire and motivate me to keep working towards my own financial goals.
By taking these measures, I've been able to reduce my fear of being broke and build a more positive and empowered relationship with money. It's not always easy, but it's worth it.💪
Conclusion:
My fear of being broke is a real and present danger, but it's not something that I let control me. Instead, I face it head-on, using writing and reading as tools to overcome it.
If you're like me, and you have a fear of being broke, I want you to know that you're not alone. It's a fear that is shared by millions of people around the world, and it's a fear that can be overcome.
So, take a deep breath, and let us face this fear together. Let's write and read our way to financial freedom, and let's build a brighter financial future for ourselves and our loved ones.
stay safe guys 😊😊
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I’m only curious about one thing. With the know you have and the country’s economy, I hope you’re not saving in the local currency?
Yes absolutely. Im not saving in the local currency