“A big part of financial freedom is having your heart and mind free from worry about the what-ifs of life” – Suze Orman
Of all things in life, finance plays a dominant role, irrespective of a person’s age. While the needs and wants vary, one factor that remains constant is the need for money. It’s fair to say that the exact amount of money needed for future cannot be predicted, but it’s feasible to strive for some sort of stability. So what does financial stability imply? As exhaustive the term is, for me it means to be independent of expenditures, safeguarded for the future, cushioned for any contingencies and subsequently, leave aside a considerable amount for the next generation.
So how do we achieve financial stability? While it differs for each individual depending on their lifestyle, a few pointers to be considered:
Coming to the most pertinent question, what does financial stability offer? To sum up the most significant aspects:
In today’s world, women play notable role in various spheres, donning different hats in their lives. Hugely independent unlike yesteryears, women earn substantial income and share the economic burden. It’s only fair that such hard earned money is put to good use and saved for future needs. As it’s said “Save money and money will save you”.
You may also want to read other articles written by the author: ‘Stop limiting yourself‘, ‘Doing what you love – hobbies and passion to opportunity‘, ‘ Maximise your productivity to unleash your potential‘, ‘Be your own boss‘, ‘Broaden your intellectual horizon‘, ‘Career metamorphosis – Expert to beginner’, ‘Importance of networking for success in your career’, ‘Busy Day vs Productive Day‘, ‘Money matters for womens financial independence‘, ‘ ‘Being overlooked for promotion‘ , ‘Addressing the gender paygap disparity ‘ , ‘ The art of saying No at work‘ , ‘ Reviving from an unfavourable performance appraisal ‘ , ‘Dealing with a difficult boss‘ , ‘The performance punishment’, ‘Strategies for Career goals’
About the author:
I am a commerce graduate with an overall experience of 10 years in the Corporate Industry and handled diversified assignments at HSBC and Hewlett Packard. After gaining considerable knowledge and success during my tenure, I decided to focus my attention on other areas of interest. Now, a doting mother of a one year old, I spend my day reading, apprising on my topics of interest and baby-sitting.
An avid reader and poetry enthusiast, my love for writing started while at school and my dreams have borne fruits after motherhood. I strongly believe in living life to the fullest and making the most of each beautiful day.
(The author is a guest blogger at Her Second Innings. The opinions expressed are those of the author.)
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