How to Plan for Your Financial Future

How to Plan for Your Financial Future

It's never to late to start.

11
views

One of the best things you can do for your life is to be financially stable. You don't have to be a celebrity, a high-earning influencer or royalty to live a lavish lifestyle when you're older.

It's all about working towards it. The hard work you put into your financial future will be worth it in the end. Here are some ways you can start today.

Make Your Saving Goals Realistic

That house on the corner that comes with a huge infinity pool and marble countertops? Most likely, it's expensive. Like celebrity-status expensive.

However, that doesn't mean it isn't achievable. For saving goals, make sure they're realistic.

Getting that fancy, state-of-the-art dream home won't be grasped in two years. Thinking realistically, five years is a good measurement instead.

You want to give yourself plenty of time to save up accordingly. Instead of giving yourself a headache by trying to figure out the math, it's easier if you break down into increments. To start with, figure out how much you would need to save every month and go from there.

Reduce Expenses

Sure, that cup of coffee from Starbucks every morning is what you need to get the day started but that $8 each time starts to add up. Rather than shell out nearly $10 for a cup of coffee you can make at home, invest in a coffee-making machine.

It's a one-time price and you can buy ground coffee for half the price of a venti latte every day. As for other expenses, see what else can either be axed completely or reduced significantly.

When it comes to a gym membership, think about how much time you can really dedicate to working out. If your work schedule has you busy then maybe it's a good idea to cancel that membership. Instead, start working out from home.

Pay Off Credit Cards

Whether you have one or ten cards, they need to be tended to. And why not?

Think about it: paying off credit cards is one of the best things you can do for your financial future. When you pay that debt off, that money becomes available right then and it goes towards improving your credit.

If possible, see how many bills you can put on your credit cards. That'll allow you to focus on what's important (like paying necessary bills) while improving your credit score at the same time. Doing that doesn't allow for much room to put unnecessary expenses on your cards.

Borrow Money to Invest It

It can be pretty tempting to go to a loan agency to pay for that new handbag or new car rims. Instead of borrowing money for lifestyle gains, use it to invest.

What's one good way to invest borrowed money? Stocks!

The stock market is constantly changing which can make it risky but can also pay off big. You want to be a wise investor so be sure to read this article when it comes to the debate on whether to invest in Kellogg stock or General Mills. The answer will surprise you.

The future may seem far away now but focusing on it today will better help you financially later in life.

Popular Right Now

Happy National Adoption Month

November is National Adoption Month, and it just so happens to be the month I was adopted!

30
views

If you didn't know, November is National Adoption Month! It's extra special too because November happens to be the actual month I was adopted! In honor of National Adoption Month, I wanted to share my adoption story.

When I was little, my mom used to read me a book called Horace. The children's book was about a cheetah cub who had been adopted by two tigers. Every night when his mom tucked him into bed, she would tell him "we chose when you were a tiny baby because you lost your family and needed a new one. We liked your spots and wanted you to be our child." (Keller 1991) Horace, the cheetah cub, always fell asleep before his mom could finish his adoption story. Horace feels out of place - he loves his mom and dad but wonders where he came from, so he goes on an adventure to find where he came from.

I have never felt like Horace. I am the only African-American in my family, yet I have never felt out of place. I have never not felt loved and accepted by my family. I have always known this family is my family, and exactly where God wanted me to be. But I'm getting ahead of myself.

I have what is called a closed adoption. What this means is, I do not have direct contact with my birth parents. When I turned 18, I was allowed to reach out to Bethany Christian Services, which is the agency I was adopted through, to attempt to meet my birth parents. However, 23 years later, and I have yet to do so. But I will get to why later.

Before I came around. My mom, Constance, had a very difficult pregnancy with my big sister Kathryn. My sister Kate turned out healthy and gorgeous! But her doctors advised her to consider things strongly if she wanted to have another child. My mom and dad both wanted another child, but they kept this in mind. Both my mom and my dad Gary felt called to adopt.

If you are not familiar with how adoption works, first a disclaimer: every story is different! So I am not stating that this is exactly how it works each time, I can only speak to the process my parents went through. For them, my parents were interviewed by Bethany Christian, and then their information was sent to many different people who were seeking to put their children up for adoption. My parents did not specify gender, race, ethnicity, etc. Typically, you do not know who is interested in you until further down the line. My sister was five years old at the time of my adoption. Before I was born, my sister started to pray "Dear God, please let my little sister or brother arrive here safely. Amen." My parents were pretty confused... while they were going through the process of adoption, they had not been selected to be parents yet, let alone would they have told my sister she was for sure getting a sibling. My parents would say "Kate, mom isn't pregnant! You aren't getting a little brother or sister." She would reply "Yes we are. God told me so just trust me." Closer to my birth, my sister decided she definitely wanted a sister. She even then described what I would look like. And she started to give me a name: Anna.

Finally, my parents got the call that they were going to be parents again. My birth mom had met my parents once during the interview process. She said she picked my parents because my mom resembled my birth mom - both are blonde-haired, blue-eyed, and fair skinned. When my parents came to meet me for the first time, I fit the exact description my sister had been praying for - and although I did not have a name, they knew right away that I would be Anna, just as my sister had decided.

I was born on November 11th, 1995, and I was born with a staph infection. This kept me in the hospital for eleven days. Once I was healthy enough to go home, my parents brought me home on November 21st. While I look different from my family and I am not their biological daughter, I have never questioned my place in their family. I love my family so very much. My adoption is the biggest blessing of my life, and every single day I feel so lucky that I get to call my family mine.

Adoption is such a gift, and it is a true sacrifice for those who choose to give their children a better life. This month honors those in need of adoption, those who have adopted, and those who have been adopted. It is such a special thing to be a part of that. I know my parents love my "spots" and I love their stripes. To those who were adopted, Happy National Adoption Month. Share your stories - they are special and so are you.

Related Content

Connect with a generation
of new voices.

We are students, thinkers, influencers, and communities sharing our ideas with the world. Join our platform to create and discover content that actually matters to you.

Learn more Start Creating

11 Beauty Trends for 2018

From glitter eyeshadow to barrettes.

4
views

Trends come and go. But ones that are here to stay are within the beauty industry.

These trends are not just one-time fads, they're here to last. Whether the seasons are becoming cooler or hotter, any way you wear these trends will look timeless.

Ready to see what made the list? Check them out!

Inclusive Beauty Products

This year has been groundbreaking in terms of diversity. Beauty companies worldwide have become more willing to expand their shade collections to include women (and men) of all skin types and colors.

Thanks to Fenty by Rihanna, she unleashed an array of 40 different shade options of her foundation. While this might not be much of a trend (because it'll be here to stay), it was worth mentioning. Now if only all the beauty companies to ever exist could get on the inclusive bandwagon.

Multi-Use Products

Today's busy woman on the go deserves beauty products to enhance her hectic lifestyle. Enter all-in-one kits.

These wonders are made up of multiple products but all in one palette. Every product included can double as another. Eyeshadows become highlighters, lipsticks as blushes, the list goes on.

The convenience these types of kits offer is why it's a trend. There's no longer a need to cram all of your foundations, highlighter, bronzers, and blushes into your purse when you can have them all inside one palette.

Graphic Nails

We aren't talking about your classic French manicure anymore. For the end of 2018, it's all about graphic nails.

Don't think vibrant colors, think of causes. Causes such as breast cancer and feminine health. Those are good reasons to paint boobs and vaginas on your nails!

While this trend might not be suited for everyone, start small and maybe paint one nail full of boobs.

Bright Eyeshadow

Nude eyeshadow is a thing of the past when bold, vibrant colors come into play. For the fall, warmer colors with a punch are in.

Think electric blue, violet purple, and rusted red. The brighter, the better.

If this trend is a little scary or just won't work for your day job, try a brightly colored eyeliner instead. Purple works great for those with brown eyes while lighter colored eyes will benefit from green or blue colored eyeliner.

Skincare as Makeup

Feeling beautiful starts with having great skin. Rather than fake it by pilling every product of makeup you have, focus on your skincare routine.

Moisturizers, facial oils, toners, and masks are all in. This trend will actually benefit you rather than make you wary to try it.

Layer on the moisturizer and serums for an ultimate no-makeup look. You'll be proud you took the time to tend to your skin when you can use #nomakeupselfies on all your photos.

The Wet Hair Look

To compliment that bold eyeshadow (because let's face it, it's a lot of look), you need something that's simple but not boring. Enter the wet hair look.

Just in time for the cooler seasons, this hairstyle can go with any outfit. The experts over at Cuvee have three ways to perfectly style this look using great products.

Glitter

For those into unicorns and anything sparkly, you'll get a kick of this beauty trend. Glitter is in! And it's not just appropriate anywhere, it's appropriate everywhere!

We're talking glitter eyeshadow, lip gloss, and oh yeah, glitter highlighters! Some of your favorite beauty lines have gotten in on the action---KKW Beauty, Fenty, even Huda.

But don't think you have to look like a rainbow to pull this look off. To make it socially acceptable, choose a palette that resembles nude or pastel colors. That way, you won't look like you're trying to relive your childhood.

Messy Bun

It's the perfect hairstyle that says you're effortless. It's no wonder why it's trending yet again for the cooler seasons.

And nothing has you looking cooler than ice than a messy bun paired with a loose-fitting sweater. If the messy bun has you feeling sheepish to try it, just know it can be recreated when it's not planned. Don't soak your hair with serums or creams.

Second-day hair works best as it'll have more natural texture. As you put it into a bun, don't worry about bumps or flyaways. That's the whole point of a messy bun is for it to look intentionally messy!

Inner-Eye Highlights

To give your eyes more of a pop, placing highlighter in the inner corner of your eyes will do just the trick. It adds a subtle brightness that'll draw attention to your peepers.

If you want in on the glitter trend as well, pair these two together! It's a great look if you're planning to go out for the evening or just more of a punch.

Two-toned French Manicure

While we discussed the graphic nail trend, there's another manicure sharing the spotlight. For those that love a classic nail, you'll also love the two-toned French manicure.

There's really nothing to it besides picking out two colors that complement one another. You can do pink with red or for a more sophiscated look, go for oxblood with a white tip.

Barrettes

Barrettes, comb headbands, and claw clips, oh my! The 90s reign supreme with all these heavy-hitters stepping back onto to the scene in 2018.

You'll soon be seeing them everywhere as they all made their comeback debut on the runways of Fashion Week. Style them however you'd like, that's the freedom that comes with these babies.

Related Content

Facebook Comments