#ROWDIE Tip For Success #3
Money, Money, Money
Ok, so it seems like people have two views about money... they either love it or they hate it. Well, I'll tell you what, no matter how you feel about it you better learn to manage it.
I run into a lot of people that don't seem to know where their money goes, what their budget is, or how much of it they have! That's not cool. You've got to manage it well in order to get more. That's my philosophy anyway and it's worked. (And yes, I learned the hard way.)
Here are some simple things you can do to get on the right money track:
1. DON'T WAIT FOR SOMEONE ELSE TO DO IT. Being in high school and living with mom and dad doesn't give you permission to be bad with money. If you have a part time job, or even just an allowance, track what you do with your money. Being informed is the first step!
2. GET A BANK ACCOUNT. I think this is self explanatory but I felt like I should include it. Don't rely on the old "cash under the mattress" idea. Put your money in a bank. If you can handle a savings account that's even better because you can usually get one that will gain interest and MAKE YOU EVEN MORE MONEY! (Way better than cash under the mattress.)
3. USE AN APP. The thing that helps me budget and understand where my money is going more than anything else is using MINT.com. There are a lot of apps out there but I like this one. It helps me keep an eye on everything about my personal funds. Check it out!
4. MAKE FINANCIAL GOALS. Want to buy a car? Make a plan, save for it, and attain it. Want to go to that #Rowdie Mitch Goudy concert but can't afford the tickets? Make a plan to save up and buy those tickets. Not only is that good for your bank account, it's also something that parents really like to see. They may even think you are MORE RESPONSIBLE! Also, one thing I want to throw in here... Don't go to your boss and ask for a raise without a purpose. I see people do this (yes, I have employees) and I always challenge them with questions like "What's your goal and how does more money help you attain it?" Great leaders have no problem giving their employees more money as long as the employee is doing great work and they are asking for a raise with purpose. For me there is nothing better than helping my employees achieve their goals and dreams!
I'm saying all of this from personal experience. I'm still learning everyday myself as I take steps to get to the #NextChapter of my life. Try planning a wedding without understanding budgeting?! Not going to happen. So, before you find your soul mate, before you find your next car, take control of your MONEY!