Anger, desire for revenge and rage are very strong emotions. These emotions, if used for bad, can do harm and cause damage in your life on a multitude of levels. After all, "holding onto anger is like drinking poison and expecting the other person to die" (Buddha). However, since these emotions are so powerful and full of energy, if channeled toward goals, dreams and the greater good, can soar you toward success.
Here Are 3 Ways to Take Your Anger Within & Be Massively Productive
Refocus Back To you
When we are raging mad at someone who hurt us, we spend our days and nights ruminating on that person and everything they did to hurt us. The focus is on them. Instead, shift the focus back to you. Take a step back and think about what you want out of your life. Set goals for yourself and begin taking steps to achieve those goals right away, today. The motivation and energy you can muster up in a body full of adrenaline can be intense and can propel you forward. Forget baby steps, this anger channeled toward being productive instead of vengeful can send you leaping toward your goals.
Get Physical
Now, more than ever, is a time where you need to feel sexy, handsome, beautiful and full of life. Nothing can make you feel as confident in your own skin like physical activity. Exercise allows you to minimize negative emotions and release endorphins (those feel-good neurotransmitters). Take the power of anger to run faster and lift more weight. As you work out, imagine your body transforming into what you want it to become. Exercise can also reduce stress, so that when you leave the gym, you are more mentally clear to make strong, solid decisions in a time that might be chaotic and upsetting.
Learn More About Yourself
During a time of anger and rage a man/woman shows their true character. It is how you handle these strong emotions that shows your true colors and level of integrity. It is okay to be angry, it is a normal emotion but the key is how you release that emotion and what you can take from a trying time in life. To really gain self-awareness, journal. You can say all those nasty things you want to say, in your journal. In your journal, you can voice all your concerns and even how pains in your past might be coming out now in your adult years. Write about your emotions, decisions and thoughts. Writing things out does two things at the very least. First, it allows you to vent and get emotions out safely. This can help minimize nightmares and panic attacks that can stem from a buildup of emotions. Second, it allows you to note patterns of thoughts and behaviors. Eventually, this pain and these emotions will pass. You can then look back at your writings and note patterns and better understand what led you to certain emotions, actions and reactions. You can use your past journal entries as a tool to help you be more self-aware in the present and to help you react differently moving forward.
Dr. Jaime is your go to life coach who will hold you accountable and push you to succeed. She is the host of The Dr. Jaime Show and author of The SuperWoman's Guide to Super Fulfillment which is published in over 10 countries over 4 continents. Dr. Jaime is a motivational speaker and the go to keynote for companies. She has been featured nationally, both on TV and other major media outlets, for her expertise in work life balance & goal setting. Find out more about Dr Jaime at http://www.drjaimek.com Subscribe to The Dr Jaime Show on all your favorite podcast apps.
Article Source: https://EzineArticles.com/expert/Jaime_Kulaga/1038479
Article Source: http://EzineArticles.com/9944851
Showing posts with label mistake. Show all posts
Showing posts with label mistake. Show all posts
Tuesday, 23 June 2020
Wednesday, 17 June 2020
An Identity Crisis Is Vital For Growth Because It Occurs At The Edge Of Chaos And Harmony
Internal Conflict Triggered By Chaos
It was the developmental psychologist Erik Erikson who first coined the term identity crisis.
He formulated eight key stages one undergoes through their adolescent years based on their psychosocial development.
They are:
Stage 1 - Trust vs. Mistrust
Stage 2 - Autonomy vs. Shame and Doubt
Stage 3 - Initiative vs. Guilt
Stage 4 - Industry vs. Inferiority
Stage 5 - Identity vs. Confusion
Stage 6 - Intimacy vs. Isolation
Stage 7 - Generativity vs. Stagnation
Stage 8 - Integrity vs. Despair
Erikson believed a person's personality develops in a series of stages. His model differs to Freud's in that social interactions and relationships impact an individual's development and growth throughout their life.
Each stage builds on the previous one which creates the foundations for growth in the following years.
At each stage, a person experiences internal conflicts, thus creating a turning point in the individual's personality.
The conflicts are based on the understanding that an individual experiences growth or fails to develop these qualities.
In the educational book Key Concepts in Counselling and Psychotherapy: A Critical A-Z Guide to Theory author Vicki Smith gives a clear understanding of how an identity crisis can become a source of power within the individual's psyche: "He (Erikson) believed that we all have identity crises at one time or another in our lives and that these crises do not necessarily represent a negative state but can be a driving force toward positive resolution."
If they integrate the conflicts into their personality, the subsequent growth and development will serve them later in life. If they don't develop these abilities, they are likely to suffer an inhibited sense of self which dominates their life.
Erikson's understanding is that an individual becomes competent when moving through the eight stages and integrates the egoic self into their psyche.
In a similar vein, author Jan Frazier explains in The Freedom of Being: At Ease with What Is the need to transcend the ego by stepping outside the known sense of self: "In order to look at yourself, you have to step outside of it. Look not with the eyes of the ego, but with the eyes of presence."
The Ego Is Not Meant To Dominate Your Life
Many people identify with outer aspects of their life as the basis to their identity.
For example, an individual may believe their role is that of a mother and wife. Yet, if their husband is unfaithful and the marriage dissolves, they will question their identity since they no longer associate with that label.
Similarly, others presume their work, relationships, physical appearance, social and wealth status or performance are measures of their identity.
Regrettably, if these aspects are removed from their life, they experience an identity crisis because they created a persona around them.
I would argue these qualities do not shape your identity but are a vehicle in which to explore your life's narrative.
Your ego is the identity the mind constructs to define itself, yet this is a fictional narrative because external events can disrupt it.
Jan Frazier reaffirms how the roles you play do not construct your identity since there is an underlying presence beneath that: "The roles you play, the features you exhibit, the things you believe in - while they matter very much in the ordinary realm of human discourse - are not what you are. When presence senses itself within you, none of these things have any substance."
Your true identity lies beneath the shadow of the egoic self. An identity crisis is vital to an individual's growth because it allows for chaos and order to reveal one's authentic nature.
An identity crisis can be likened to the shell of an egg breaking open. The shell merely gives form to the ego so it can make sense of its role within society.
The ego is not meant to dominate your life, nor do you wish to banish it. It must be integrated with the authentic self to develop the wholeness of who you are.
Otherwise, the egoic self you once identified with is no longer something you can uphold.
Don't Try To Make Sense Of Chaos
To paint a contrasting view, psychotherapist and meditation teacher Loch Kelly writes in Shift into Freedom: The Science and Practice of Open-Hearted Awareness how consciousness creates a thinker to uphold the ego, thus forming a mistaken identity in the process: "Afflictive consciousness creates a thinker out of thinking and ego function, and this thought-based sense of self forms the core of mistaken identity. Nothing more than a self-referential loop of thinking about thinking, our mistaken identity is actually a continuous conceptual proliferation that creates solid things out of images and a solid self out of thinking."
What is essential is to unmask the egoic self so the pain, suffering and uncertainty are the underpinnings for future growth and development.
It is like the progress of performance athletes experience when training for the Olympics. They must push to the edge of their limits and discover their potential or risk remaining where they are.
If they push too far too soon, they may invoke physical injury that can sideline them. They may become depressed as a result because their identity is formed around their status of an athlete and performance.
However, from a developmental viewpoint, the experience can be vital to their performance if they can let go of their fixed narrative and former identity.
If you experienced an identity crisis, trust in the deeper psychological lesson guiding your personal development.
Don't try to make sense of the chaos, but surrender to the process, knowing whatever is breaking apart is doing so to make way for the true self to emerge.
To live a remarkable life, you must take consistent action in spite of your fears and doubts. Download a FREE copy of my motivational eBook, NAVIGATE LIFE and embark upon your journey of greatness today!
Article Source: https://EzineArticles.com/expert/Tony_Fahkry/837610
Article Source: http://EzineArticles.com/9946411
It was the developmental psychologist Erik Erikson who first coined the term identity crisis.
He formulated eight key stages one undergoes through their adolescent years based on their psychosocial development.
They are:
Stage 1 - Trust vs. Mistrust
Stage 2 - Autonomy vs. Shame and Doubt
Stage 3 - Initiative vs. Guilt
Stage 4 - Industry vs. Inferiority
Stage 5 - Identity vs. Confusion
Stage 6 - Intimacy vs. Isolation
Stage 7 - Generativity vs. Stagnation
Stage 8 - Integrity vs. Despair
Erikson believed a person's personality develops in a series of stages. His model differs to Freud's in that social interactions and relationships impact an individual's development and growth throughout their life.
Each stage builds on the previous one which creates the foundations for growth in the following years.
At each stage, a person experiences internal conflicts, thus creating a turning point in the individual's personality.
The conflicts are based on the understanding that an individual experiences growth or fails to develop these qualities.
In the educational book Key Concepts in Counselling and Psychotherapy: A Critical A-Z Guide to Theory author Vicki Smith gives a clear understanding of how an identity crisis can become a source of power within the individual's psyche: "He (Erikson) believed that we all have identity crises at one time or another in our lives and that these crises do not necessarily represent a negative state but can be a driving force toward positive resolution."
If they integrate the conflicts into their personality, the subsequent growth and development will serve them later in life. If they don't develop these abilities, they are likely to suffer an inhibited sense of self which dominates their life.
Erikson's understanding is that an individual becomes competent when moving through the eight stages and integrates the egoic self into their psyche.
In a similar vein, author Jan Frazier explains in The Freedom of Being: At Ease with What Is the need to transcend the ego by stepping outside the known sense of self: "In order to look at yourself, you have to step outside of it. Look not with the eyes of the ego, but with the eyes of presence."
The Ego Is Not Meant To Dominate Your Life
Many people identify with outer aspects of their life as the basis to their identity.
For example, an individual may believe their role is that of a mother and wife. Yet, if their husband is unfaithful and the marriage dissolves, they will question their identity since they no longer associate with that label.
Similarly, others presume their work, relationships, physical appearance, social and wealth status or performance are measures of their identity.
Regrettably, if these aspects are removed from their life, they experience an identity crisis because they created a persona around them.
I would argue these qualities do not shape your identity but are a vehicle in which to explore your life's narrative.
Your ego is the identity the mind constructs to define itself, yet this is a fictional narrative because external events can disrupt it.
Jan Frazier reaffirms how the roles you play do not construct your identity since there is an underlying presence beneath that: "The roles you play, the features you exhibit, the things you believe in - while they matter very much in the ordinary realm of human discourse - are not what you are. When presence senses itself within you, none of these things have any substance."
Your true identity lies beneath the shadow of the egoic self. An identity crisis is vital to an individual's growth because it allows for chaos and order to reveal one's authentic nature.
An identity crisis can be likened to the shell of an egg breaking open. The shell merely gives form to the ego so it can make sense of its role within society.
The ego is not meant to dominate your life, nor do you wish to banish it. It must be integrated with the authentic self to develop the wholeness of who you are.
Otherwise, the egoic self you once identified with is no longer something you can uphold.
Don't Try To Make Sense Of Chaos
To paint a contrasting view, psychotherapist and meditation teacher Loch Kelly writes in Shift into Freedom: The Science and Practice of Open-Hearted Awareness how consciousness creates a thinker to uphold the ego, thus forming a mistaken identity in the process: "Afflictive consciousness creates a thinker out of thinking and ego function, and this thought-based sense of self forms the core of mistaken identity. Nothing more than a self-referential loop of thinking about thinking, our mistaken identity is actually a continuous conceptual proliferation that creates solid things out of images and a solid self out of thinking."
What is essential is to unmask the egoic self so the pain, suffering and uncertainty are the underpinnings for future growth and development.
It is like the progress of performance athletes experience when training for the Olympics. They must push to the edge of their limits and discover their potential or risk remaining where they are.
If they push too far too soon, they may invoke physical injury that can sideline them. They may become depressed as a result because their identity is formed around their status of an athlete and performance.
However, from a developmental viewpoint, the experience can be vital to their performance if they can let go of their fixed narrative and former identity.
If you experienced an identity crisis, trust in the deeper psychological lesson guiding your personal development.
Don't try to make sense of the chaos, but surrender to the process, knowing whatever is breaking apart is doing so to make way for the true self to emerge.
To live a remarkable life, you must take consistent action in spite of your fears and doubts. Download a FREE copy of my motivational eBook, NAVIGATE LIFE and embark upon your journey of greatness today!
Article Source: https://EzineArticles.com/expert/Tony_Fahkry/837610
Article Source: http://EzineArticles.com/9946411
Tuesday, 2 June 2020
Wednesday, 20 May 2020
Top Tips to Manage Your Time in Social Isolation
We're living in unprecedented times. From our health, income, education, ability to travel, no one has been exempt from the impact of this global pandemic. So excuse yourself if you have an occasional melt down. It's understandable under the circumstances. We don't know how long it will last, what the outcome will be. All we can manage is how we react and learn to take each day as it comes.
Practise daily gratitude. A positive, thankful approach is the key to improving unfortunate circumstances. Start each day by being thankful; for waking up, for having a roof over your head, running water, electricity, your health, your family and friends. Times like this often bring out the best in people, so be thankful for the people who check to ask if you're okay, the opportunities you have to walk each day, to slow right down, spend time with your family. Okay, this situation is tough, but you can improve it by appreciating the good in your life.
Take care of yourself. That way others don't have to worry about you and you're in a better position to take care of those who need your attention. Self-care requires both mental and physical stimulus, so reading, games, work, study and physical exercise are an important part of your commitment to yourself. Getting enough sleep and not staying up all hours or over-sleeping are also important.
Explore available options. Might this be a good opportunity to learn another language, refresh an existing skill, diversify? If you've free time you could turn it to your advantage by investigating and even training in a new interest or skill.
Help others. Those little gestures, the phone call, bunch of flowers on the doorstep, the 'thinking of you' greeting card can make all the difference to someone's day. And when you shop for essentials or go online for support remember your local small traders are relying on your custom to survive.
Keep to a regular routine. It's tough when your normal life has been thrown into disarray and added unexpected worries and concerns. But it helps when you re-establish some order in your life. Get up at the same time, shower, put fresh clothes on, designate certain times for work. Some people even have their children wear their school uniforms, which helps them appreciate that this is not an extended school holiday and that they have to do some actual school work!
Don't allow the children to dominate your life and run you ragged. Start as you mean to go on and introduce one of the great online exercise classes to burn off some energy, but also have quiet time too where they read, paint, do some chores or crafts and give you a little space.
Stay hydrated and eat healthily. Keeping your fluid intake up is important. Virus's thrive in your mouth and throat so drinking hot/warm water regularly, perhaps adding fresh lemon, ginger and honey, can help to keep your airways clear. Maintain a good diet, including fresh fruit and vegetables. The supermarkets are doing a sterling job of frequently restocking.
And manage your alcohol intake. When we're feeling fed up it's tempting to go down the wine'o'clock route, but it doesn't help and you'll feel worse afterwards, as you will if you stock up on treats like cakes, biscuits and chocolates and then binge eat the lot in an afternoon!
Manage your time on social media and the news sites. There's plenty of fake news, naysayers and doom merchants out there, feeding us gloomy prophecies, images and statistics. Yes, check in once or twice a day but don't allow depressing information to be drip-fed into your home and life on a regular basis. Remember, you're in control!
Stay connected. There are plenty of groups using skype, zoom, what's app, Facebook to stay connected and be supportive of each other. Keep in touch with the people who are important in your life. Many businesses are finding effective, alternative ways to contact their clients and hold meetings, run training sessions and still work.
If you've a partner give each other space. It can be challenging to spend 24/7 in each other's company, especially if you've only ever done that on holidays or at Christmas. Post-holiday and post-Christmas anyway are the busiest times for divorce lawyers! So if you don't want to fall into that category ensure that you agree to not do everything together. Maybe one shops for food, walks the dog, works in the study, goes for a quiet read, potters in the garden, has a leisurely bath. Make allowances for each other's low mood at times. Give each other personal time.
Stay positive. A good perspective and sense of humour are lifesavers, especially at the moment. Social media, used well, can help lighten the mood. When you dip in and see the fun, imaginative ways people respond to daily themes or news stories it can brighten the day. Or laughing at some of your unfortunate attempts at baking, DIY or making something work can keep a pleasant light-hearted atmosphere.
If you find you're struggling maybe keep a journal and write down how you're feeling. It can help to get things down on paper, and writing is more effective than using your laptop. Avoid running 'what-if' and worst case scenarios in your mind. Intercept those by distracting yourself; move, dance, sing, phone a positive friend for an upbeat chat. Aim to accomplish one positive task each day, from tidying your sock drawer, cleaning the windows or even sorting your emails. Then you have a regular achievement to feel good about.
We're all trying our best to get through these exceptional times. Let's support each other and do it together.
Susan Leigh, counsellor, hypnotherapist, relationship counsellor, writer & media contributor offers help with relationship issues, stress management, assertiveness and confidence. She works with individual clients, couples and provides corporate workshops and support.
She's author of 3 books, 'Dealing with Stress, Managing its Impact', '101 Days of Inspiration #tipoftheday' and 'Dealing with Death, Coping with the Pain', all on Amazon & with easy to read sections, tips and ideas to help you feel more positive about your life.
To order a copy or for more information, help and free articles visit http://www.lifestyletherapy.net
Article Source: https://EzineArticles.com/expert/Susan_Leigh/399535
Article Source: http://EzineArticles.com/10276132
Practise daily gratitude. A positive, thankful approach is the key to improving unfortunate circumstances. Start each day by being thankful; for waking up, for having a roof over your head, running water, electricity, your health, your family and friends. Times like this often bring out the best in people, so be thankful for the people who check to ask if you're okay, the opportunities you have to walk each day, to slow right down, spend time with your family. Okay, this situation is tough, but you can improve it by appreciating the good in your life.
Take care of yourself. That way others don't have to worry about you and you're in a better position to take care of those who need your attention. Self-care requires both mental and physical stimulus, so reading, games, work, study and physical exercise are an important part of your commitment to yourself. Getting enough sleep and not staying up all hours or over-sleeping are also important.
Explore available options. Might this be a good opportunity to learn another language, refresh an existing skill, diversify? If you've free time you could turn it to your advantage by investigating and even training in a new interest or skill.
Help others. Those little gestures, the phone call, bunch of flowers on the doorstep, the 'thinking of you' greeting card can make all the difference to someone's day. And when you shop for essentials or go online for support remember your local small traders are relying on your custom to survive.
Keep to a regular routine. It's tough when your normal life has been thrown into disarray and added unexpected worries and concerns. But it helps when you re-establish some order in your life. Get up at the same time, shower, put fresh clothes on, designate certain times for work. Some people even have their children wear their school uniforms, which helps them appreciate that this is not an extended school holiday and that they have to do some actual school work!
Don't allow the children to dominate your life and run you ragged. Start as you mean to go on and introduce one of the great online exercise classes to burn off some energy, but also have quiet time too where they read, paint, do some chores or crafts and give you a little space.
Stay hydrated and eat healthily. Keeping your fluid intake up is important. Virus's thrive in your mouth and throat so drinking hot/warm water regularly, perhaps adding fresh lemon, ginger and honey, can help to keep your airways clear. Maintain a good diet, including fresh fruit and vegetables. The supermarkets are doing a sterling job of frequently restocking.
And manage your alcohol intake. When we're feeling fed up it's tempting to go down the wine'o'clock route, but it doesn't help and you'll feel worse afterwards, as you will if you stock up on treats like cakes, biscuits and chocolates and then binge eat the lot in an afternoon!
Manage your time on social media and the news sites. There's plenty of fake news, naysayers and doom merchants out there, feeding us gloomy prophecies, images and statistics. Yes, check in once or twice a day but don't allow depressing information to be drip-fed into your home and life on a regular basis. Remember, you're in control!
Stay connected. There are plenty of groups using skype, zoom, what's app, Facebook to stay connected and be supportive of each other. Keep in touch with the people who are important in your life. Many businesses are finding effective, alternative ways to contact their clients and hold meetings, run training sessions and still work.
If you've a partner give each other space. It can be challenging to spend 24/7 in each other's company, especially if you've only ever done that on holidays or at Christmas. Post-holiday and post-Christmas anyway are the busiest times for divorce lawyers! So if you don't want to fall into that category ensure that you agree to not do everything together. Maybe one shops for food, walks the dog, works in the study, goes for a quiet read, potters in the garden, has a leisurely bath. Make allowances for each other's low mood at times. Give each other personal time.
Stay positive. A good perspective and sense of humour are lifesavers, especially at the moment. Social media, used well, can help lighten the mood. When you dip in and see the fun, imaginative ways people respond to daily themes or news stories it can brighten the day. Or laughing at some of your unfortunate attempts at baking, DIY or making something work can keep a pleasant light-hearted atmosphere.
If you find you're struggling maybe keep a journal and write down how you're feeling. It can help to get things down on paper, and writing is more effective than using your laptop. Avoid running 'what-if' and worst case scenarios in your mind. Intercept those by distracting yourself; move, dance, sing, phone a positive friend for an upbeat chat. Aim to accomplish one positive task each day, from tidying your sock drawer, cleaning the windows or even sorting your emails. Then you have a regular achievement to feel good about.
We're all trying our best to get through these exceptional times. Let's support each other and do it together.
Susan Leigh, counsellor, hypnotherapist, relationship counsellor, writer & media contributor offers help with relationship issues, stress management, assertiveness and confidence. She works with individual clients, couples and provides corporate workshops and support.
She's author of 3 books, 'Dealing with Stress, Managing its Impact', '101 Days of Inspiration #tipoftheday' and 'Dealing with Death, Coping with the Pain', all on Amazon & with easy to read sections, tips and ideas to help you feel more positive about your life.
To order a copy or for more information, help and free articles visit http://www.lifestyletherapy.net
Article Source: https://EzineArticles.com/expert/Susan_Leigh/399535
Article Source: http://EzineArticles.com/10276132
Sunday, 17 May 2020
Top 5 Money Mistakes Millennials Are Making and How to Avoid Them
It is no doubt that millennials are the most informed generation. The internet provides them with information they need on just about anything including on personal finance and how to create wealth. However, besides being a wealth of information, the internet can also be quite confusing and conflicting. The information available on the web comes from different people with differing opinions.
It holds true therefore that besides having so much information, there are still many millennials out there that are making money mistakes and digging themselves into holes that will take years to get out of.
Here are 5 of the most common money mistakes millennials are making and how to avoid them.
Student Loans
Education is important in life and many millennials want to pursue expensive degree courses or attend prestigious universities. But, what many are not considering is whether the course they are pursuing will bring in enough income to justify the expense.
Before you take a student loan, you need to have the following in mind:
• How much are you expected to make monthly?
• How much will you have to pay monthly?
• How long will it take you to clear the debt?
Luxurious lifestyle
We are living in the social media age where people show off their "luxurious" lifestyles on Instagram and other social channels. Many millennials feel the pressure to show off on social media and therefore end up spending money they don't have to impress people they don't know and people that don't care.
Do you really need a $2,000 smartphone, an expensive wedding, a lavish lifestyle, to spend $$$ on drinks with friends just to take pictures and show off on social media? Use social media sparingly to socialize with friends and family and more for business and your life will never be the same again.
Waiting for too long to start saving
There are some millennials that start saving early but there are also those ones that wait too long to do so. If you are waiting to become "stable" to start saving money, then you will realize when it is too late that you should have started early. If you work more than one job or you get money unexpectedly from other sources, increase your savings or invest the extra income in long term investment options.
Too Many Credit Cards
People are wired for instant gratification and especially the millennials. You want what you want and you want it now. This has led to many millennials applying for too many credit cards. This leads to perpetual debt that you never seem to get out of.Try using cash as much as possible and avoid getting more than one or two good credit cards to build your credit score. Also, avoid always having your credit card with you as this will lead to impulse purchases.
Buying luxurious rides
A car is not an investment. It is a depreciating asset.Only buy a car that you need and you can afford. It is actually recommended that you buy a car you can afford to pay cash for or most of the money upfront. Do not test drive the luxurious models as this will tempt you to get a loan so you can "treat" yourself.
Also, as you invest money, also remember to save for retirement and consider having an emergency fund.
Mathenge Kabui Is an expert author on matters to do with personal development and retirement planning. You can contact him to give you quality content for your website by following the link below: https://www.kenyawriters.com/customorders/
Article Source: https://EzineArticles.com/expert/Mathenge_Kabui/557294
Article Source: http://EzineArticles.com/10196140
It holds true therefore that besides having so much information, there are still many millennials out there that are making money mistakes and digging themselves into holes that will take years to get out of.
Here are 5 of the most common money mistakes millennials are making and how to avoid them.
Student Loans
Education is important in life and many millennials want to pursue expensive degree courses or attend prestigious universities. But, what many are not considering is whether the course they are pursuing will bring in enough income to justify the expense.
Before you take a student loan, you need to have the following in mind:
• How much are you expected to make monthly?
• How much will you have to pay monthly?
• How long will it take you to clear the debt?
Luxurious lifestyle
We are living in the social media age where people show off their "luxurious" lifestyles on Instagram and other social channels. Many millennials feel the pressure to show off on social media and therefore end up spending money they don't have to impress people they don't know and people that don't care.
Do you really need a $2,000 smartphone, an expensive wedding, a lavish lifestyle, to spend $$$ on drinks with friends just to take pictures and show off on social media? Use social media sparingly to socialize with friends and family and more for business and your life will never be the same again.
Waiting for too long to start saving
There are some millennials that start saving early but there are also those ones that wait too long to do so. If you are waiting to become "stable" to start saving money, then you will realize when it is too late that you should have started early. If you work more than one job or you get money unexpectedly from other sources, increase your savings or invest the extra income in long term investment options.
Too Many Credit Cards
People are wired for instant gratification and especially the millennials. You want what you want and you want it now. This has led to many millennials applying for too many credit cards. This leads to perpetual debt that you never seem to get out of.Try using cash as much as possible and avoid getting more than one or two good credit cards to build your credit score. Also, avoid always having your credit card with you as this will lead to impulse purchases.
Buying luxurious rides
A car is not an investment. It is a depreciating asset.Only buy a car that you need and you can afford. It is actually recommended that you buy a car you can afford to pay cash for or most of the money upfront. Do not test drive the luxurious models as this will tempt you to get a loan so you can "treat" yourself.
Also, as you invest money, also remember to save for retirement and consider having an emergency fund.
Mathenge Kabui Is an expert author on matters to do with personal development and retirement planning. You can contact him to give you quality content for your website by following the link below: https://www.kenyawriters.com/customorders/
Article Source: https://EzineArticles.com/expert/Mathenge_Kabui/557294
Article Source: http://EzineArticles.com/10196140
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