Finance Essay

Financial strain can lead to a mental tightrope. Constantly having the instability that comes with no steady stream of income, as well as the worries of bills and how to care for yourself and possibly your family can lead to a never ending cycle of never enough time and never enough money.

will be very beneficial when you have to worry about providing for a family in the future. In this

Henry David Thoreau was both a poet and a philosopher who strived to live the most simplistic life an individual could possibly have. He tried to fulfill this wish by focusing on the people surrounding him, God, and nature. In today’s society, this simplistic lifestyle Thoreau once lived is rarely heard of. Our cultural norms are focused on earning an income to survive, purchasing material items, and often times, we are in more debt than we can handle. After making my budget plan, I realized I too am guilty of these excessive acts. In many ways, my budget plan contradicts the philosophy Thoreau had. The primary examples I immediately noticed derived from renting an apartment, student loans, and material items.

I work hard to earn the money I am paid. Moreover, I work hard to spend the money I am paid. Suffice it to say, let us discuss how finding financial balance is important. I have yet to receive my degree in higher education, and let me say it has been hard to get where I am at this time without it. Experiencing any shortage on monetary endowments will keep reality in check. So, I developed managing money as good as possible by practicing cost-efficient spending, stretching pay periods, and exhausting monetary resources. By focusing on balancing my finance on what is necessary vs. what is preferred, I can return to school. By prioritizing what needs to be paid first, I am directly supporting my personal responsibility to myself. Ideally, everyone wants to pay off all debts. Being able to prioritize which debts are paid off first supports organization and validity in all aspects of an individual’s life.

After listening to these presentations concerning income, I now realize that the idea of financial security is only a myth. Each individual, from every income level, described feeling a lack of financial security. A person’s income level is never guaranteed. They must work hard to maintain or sustain their quality of life.

That is why I strongly believe in the quote that I chose, because everything that I “want” I do not need if it is not already in my life. There has been multiple time in my life were have thought that I needed something or craved to have It, and once I obtained it did not alter my life and a permanent way. It served as a temporary satisfaction. There are also things in my life that I had to work for in order to fully be grateful for having it or going through something in order to grow. Learning is one of the most beneficial assets of life. With God, I know that I can conquer anything and without him I will be without. And if I am without it is for a great reason. I do not need everything in life to reach my personal life satisfaction. When times are hard I have to remind myself that I’ve gotten this far and my support system and mindset will never let me

Today, we are all living in the world where money is at the top of everyone's priority list; what is in the charm of money that makes people so blindly pursue after it? Many people today do works

Everyone will go through a difficult financial patch at some time in their life. Whether it's right now or in the future, you, like millions of others, will have to find a way to cope. Saving money and finding new, more frugal ways of living will help society get through, but everyone has their part to play.

But at the same time, residual incomes should be a priority on everybody's income list since they have the ability to generate cash without eating up your time and energy; hence you can pay your bills and still have time and

You may not know it that you relate financial success with unhappiness because you grew up

Needs become easily confused with desires very often. Needs and wants are two distinct, but related, concepts; needs are more vital to function, physically and mentally, in today’s society.

Most people want more financial abundance in their lives. Even those who appear to have plenty are looking for more. The hard reality is that financial freedom doesn't always come with more money. It's not unusual for the average person who pursues financial abundance to hit a ceiling, and then want to go through the roof. The toys are lined up in the garage of a 5,000+ sq. ft. home and the closets are full of designer clothes, but there is something lacking. That's when some go looking for ways to bring the wealth of peace into their lives.

“how is that brilliant people with more money than they’ll ever need get so caught up in their hunger for even more money that they end up losing everything.” People like that ends up losing everything because money makes the world go around. Once you get it you just want more, more, and more and turns into an obsession to some people. It also can change a person ego and can make him or her emotional delusional and become financially careless buying things they don't need but do it anyway

Just before I entered High school my parents separated and my life was turned upside down. My father had been the bigger financial provider in the family, but that is not to say that we would struggle if he was not around, or at least that was what I thought. My sister and I moved into a thirteen thousand square foot house, which was a downsize from our twenty-four thousand square foot family home. We continued our lives, making small cut backs here and there to save money yet there always seems to be just enough for us to get by. Sometimes it would come close to the end of the month and my mum would say something like ‘no more spending for the rest of the month’ or ‘our monthly budget is out’. Despite this, my sister and I were still able to take dance lessons and now we both competitively ride horses. The horse life is an expensive one, but we have found ways to cut costs, which is why we are able to do what we do. Nevertheless, we have done okay for ourselves in the last four years in the financial department.

Money does not define who I am or what I am meant to do in this world God does that. It has been a real challenge not having a job when society is constantly telling me that I need one right now at this point in my life. I know that God is teaching me very valuable lessons by my not obtaining a job yet and I trust his plan and ways. To improve my money matters I do believe that it is okay and important to treat yourself every once in awhile. I do not take up this practice very often and should now and then. In saying this though, I will treat myself on a budget and continue to hunt for a bargain always. Obviously one great way to improve my money matters is to obtain a job. I will continue to do just that but if my search goes weary I will be content with all that I have and will trust God to provide for me.