Fidelity Investments’ Post

You made it! You’re at the last step in the step-by-step financial journey I’ve laid out. Step 8 is: embrace the big changes. This is probably the hardest step. Sometimes we find that we’re living a life outside of our financial capabilities. This is completely understandable. Keeping up with the Jones’s is so real. But this is your time to take a good hard look and make the big changes that will move your forward. Maybe that’s downgrading your car or taking less trips or even going back to renting from owning a home. Look, I want everyone to have everything they desire in their life. But sometimes you have to face that you can’t have it all at the same time. If something really matters to you, if it’s part of your values, now is the time to figure out a way to attain it while also sticking to healthy financial behaviors. So buckle up and dive deep! ******************************** If you’ve stayed with me so far, thanks! I wanted to share this process I came up with first and foremost so anyone can go back and reference it. My next posts will be more about myself and other financial tips that align with these steps. I’m actually about to board a plane to Europe! My Instagram followers will be seeing all the adventures I’ll be on in the next two weeks! #money #values #spending #personalfinance #allthelattes #travel

Want to unlock the secrets to financial freedom and craft your own rich life? Dive into the numbers that truly matter! Ever wondered where your hard-earned money goes each month? —> Let's face it. Many people are in the dark about their financial situation, leaving them unsure of where to begin. —> But here's your solution. Start tracking these crucial 4 financial numbers: → 𝗙𝗶𝘅𝗲𝗱 𝗖𝗼𝘀𝘁𝘀: Lie between 50-60% of your take-home pay. → 𝗦𝗮𝘃𝗶𝗻𝗴𝘀: Ideally account for 5-10%. → 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁𝘀: Take up 5-10% of your income. → 𝗚𝘂𝗶𝗹𝘁-𝗳𝗿𝗲𝗲 𝘀𝗽𝗲𝗻𝗱𝗶𝗻𝗴: About 20-30% of salary. —> But why does this matter? It's not just about budgeting; it's about aligning your spending with your values and goals. —> Here’s the kicker: Lᴇꜱꜱ ᴛʜᴀɴ 1% ᴏꜰ ᴜꜱ ᴛʀᴜʟʏ ᴋɴᴏᴡ ᴡʜᴀᴛ ᴡᴇ ᴡᴀɴᴛ! So, let me ask you what do you dream of? If it is freedom, flexibility, or financial security, then this is not your answer! Narrow it down, really get the grip on it, envision the details of your rich life. For me it is: - Flexibility: I want to travel 6-8 weeks in Europe in summer & work remotely - Financial freedom: Travelling 2-3x per year for a longer time & educating myself with additional courses and certifications. Here are 3 questions that will help you to drill it down: ➟ 𝖶𝗁𝖺𝗍 𝖽𝗈𝖾𝗌 𝖿𝗋𝖾𝖾𝖽𝗈𝗆/𝖿𝗅𝖾𝗑𝗂𝖻𝗂𝗅𝗂𝗍𝗒 𝗅𝗈𝗈𝗄 𝗅𝗂𝗄𝖾 𝗂𝗇 𝗒𝗈𝗎𝗋 rich 𝗅𝗂𝖿𝖾? ➟ 𝖧𝗈𝗐 𝖽𝗈 𝗒𝗈𝗎 𝖾𝗇𝗏𝗂𝗌𝗂𝗈𝗇 𝗒𝗈𝗎𝗋 𝖽𝖺𝗂𝗅𝗒 𝗋𝗈𝗎𝗍𝗂𝗇𝖾 𝗂𝗇 𝗍𝗁𝗂𝗌 𝗅𝗂𝖿𝖾𝗌𝗍𝗒𝗅𝖾? ➟ 𝖶𝗁𝖺𝗍 𝗆𝗂𝗅𝖾𝗌𝗍𝗈𝗇𝖾𝗌 𝗈𝗋 𝖺𝖼𝗁𝗂𝖾𝗏𝖾𝗆𝖾𝗇𝗍𝗌 𝗌𝗂𝗀𝗇𝗂𝖿𝗒 𝗌𝗎𝖼𝖼𝖾𝗌𝗌 𝗍𝗈 𝗒𝗈𝗎? Once we gain clarity, we can build actionable steps towards our own rich lives. 𝙒𝙝𝙖𝙩’𝙨 𝙮𝙤𝙪𝙧 𝙫𝙞𝙨𝙞𝙤𝙣 𝙤𝙛 𝙖 𝙧𝙞𝙘𝙝 𝙡𝙞𝙛𝙚? #FinancialFreedom #RichLife #PersonalFinance #DreamBig #GoalSetting --------------------------------- I am Vanessa, a certified Executive & High Performance Coach Happy Friday :)

🌟 The Power of Small Steps and Consistency: Your Path to Big Change! 💪🚀 🔷 Small Steps, Big Impact 🌱 Remember, Rome wasn't built in a day, and neither are the most remarkable achievements. It's the little things you do consistently that add up to something truly significant. Whether it's saving money, pursuing a new skill, or striving for a healthier lifestyle, every small step counts. 🔷 Financial Fitness 💡 When it comes to personal finance, small, consistent contributions can make a world of difference. Saving a bit every month or investing wisely over time can lead to financial security. It's not about how much you start with; it's about the habit of regular contributions. 🔷 Skill Mastery 📚🎯 Learning a new skill or honing an existing one follows the same principle. Dedicate a little time each day or week, and you'll be amazed at your progress over time. It's the journey of constant improvement that leads to mastery. 🔷 Health and Wellness 🏃♂️🥦 Taking care of your health isn't a one-time effort; it's a lifelong commitment. Small changes in your daily routine, like regular exercise and healthier eating, accumulate over the years, leading to a happier, more fulfilling life. 🔷 The Compound Effect ⏳✨ Much like compound interest in finance, your efforts compound over time. Each small action builds upon the last, and the results become exponential. It's the consistency that keeps the momentum going. Don't be discouraged by the scale of your goals. Embrace the power of small, consistent contributions and changes. Remember that every step you take, no matter how small, is a step closer to your dreams. Keep going, stay consistent, and watch those small changes add up to something truly remarkable! 💪💼🌟 #SmallStepsBigChange #ConsistencyMatters ------- I'm Hayden Cross, a financial advisor and team member of the Benington Cross Group at Merrill. My team helps individuals, families, and businesses with their financial planning. **Post is general education and not financial advice**

People ask, "What is Life Money Balance®?" and what does it mean for your wealth and well-being journey? It's a transformational people-first process that "lets your life lead your money," where your life and money work concurrently to align, aspire, and achieve your life's design. You matter. -values -experiences -culture -identity -preferences It's the connective glue that informs your finances. "When your life and money have alignment, you give your money assignments!" Check out this brief welcome video. https://lnkd.in/gaUtqKB3

Let me share a recent journey with a fabulous client who, like many of us, has a deep love for travel (guilty as charged! 🙋♂️). However, she started feeling that unsettling pit in her stomach, realizing she might be splurging a bit too much on her adventures, leading to sleepless nights and unnecessary stress. 😰 Ever heard the saying, "Too much of a good thing can be a bad thing"? Travel is amazing, but excessive spending on it can throw your financial plan off track. 🗺️✈️ It was time for her to take control, so she gave me a call. Here's what we did together: 1️⃣ Deep Dive into Expenses: We scrutinized her past year's travel expenses with a fine-tooth comb, going through actual bank and credit card statements. 2️⃣ Inventory Check: We totaled up each trip's cost and calculated the grand total for the year. 3️⃣ Budget Blueprint: Determined how much she needed to save monthly to afford her planned adventures. 4️⃣ Strategic Adjustments: Suggested smart savings hacks and identified trips that could happen every other year to keep her financial ship sailing smoothly. Our Goals? 🎯 1️⃣ Realistic Expectations: Set achievable travel goals. 2️⃣ Solutions Galore: Ensure she could relish every travel experience. 3️⃣ Debt-Free Dreams: Travel without sacrificing financial peace or jeopardizing the future. Post our meeting, she's back on track, ready to jet set without the baggage of stress! 🛫🌟 Remember, it's fantastic to travel now, but it's equally important not to overdo it and compromise your future adventures! 🚀 Whether it's travel, midnight shopping sprees, or keeping up with the Insta-joneses, let's tackle those money stressors together. 💪💸 Drop a ✈️ below if you're ready to embark on a stress-free financial journey! 🌟 #SmartMoneyMoves #FinancialFreedom #TravelSmart #AldermanFinancialGroup #FinancialPlanning #HuntCounty #CommerceTx #GreenvilleTx #WomenInBusiness #FemaleEntrepreneurs #WomenInRealEstate #FinancialFreedom #MoneyMindset #CoreValues

Ever feel like your finances are taking you on a random joyride with no clear destination in sight? 🚗 Let's talk about the power of setting financial goals—it's like plugging a specific address into your GPS before hitting the road. 🗺️ Here's why it's a game-changer: 1️⃣    Intentional Journey: Just like the GPS it helps you chart the most efficient course, setting financial goals gives your money a purpose. It transforms your journey into an intentional pursuit, guiding every pound/dollar in a direction that aligns with your dreams. 🌟 2️⃣    Time and Cost Efficiency: Imagine driving without a destination—wandering aimlessly, burning fuel without a clear purpose. Financial goals acting as your GPS, will optimize your route for both time and cost. Efficient use of resources means reaching your destination faster and with fewer detours. ⛽💰 3️⃣    Conscious Choices: Without a set destination, it's easy to meander, spending money on things that may not contribute to your ultimate goals. With clear financial goals, you can still enjoy stops along the way or detour to see a friend, but it's a conscious choice. You're in the driver's seat of your financial journey. 🚦👌 So, let's set those financial addresses! 📍 Whether it's saving for that dream vacation, a down payment, building an emergency fund or investing more regularly - having a destination in mind keeps you focused and accelerates your journey. 🚀✨ Remember, it's not about restricting yourself but about making choices that align with your long-term vision. 🌈💸 If you're thinking about making a plan and want a safe space to chat without any pressure to buy any financial products, I'm here for you. As a coach and accountant, I'm happy to meet you wherever you're at and help you set those destinations. Let's talk! #FinancialGoals #MoneyMatters #NavigateWithPurpose Thanks to #harrisonhargrave for the image

🚀 Discovering Hidden Gems on the Path to Financial Freedom 🚀 On our journey to financial freedom, it's not just about reaching the destination; it's about uncovering those hidden gems that can propel us forward. These unexpected opportunities can make a significant difference in our financial well-being. 💎 Here are some hidden gems to keep an eye out for: 1. **Side Hustles:** Exploring a side business or freelancing can provide an additional income stream that accelerates your path to financial freedom. 2. **Investment Opportunities:** Discovering investments that perform exceptionally well can significantly boost your wealth. 3. **Networking and Connections:** Building valuable relationships can open doors to new opportunities, from job offers to business partnerships. 4. **Tax Benefits:** Maximizing tax deductions and credits can save you a substantial amount of money and increase your disposable income. 5. **Learning and Skill Development:** Acquiring new skills and knowledge can lead to higher-paying job opportunities or entrepreneurial success. 6. **Frugality and Cost Savings:** Finding creative ways to cut costs can increase your savings rate and accelerate your financial goals. 7. **Inheritance or Windfalls:** Unexpected financial windfalls, like inheritances or unexpected bonuses, can significantly boost your wealth. 8. **Market Timing:** Making well-timed investments or capitalizing on market trends can lead to substantial financial gains. 9. **Passive Income Streams:** Generating passive income from investments or rental properties can provide a steady stream of money without active effort. 10. **Financial Windfalls:** Discovering forgotten savings accounts, unclaimed funds, or insurance policies can provide unexpected financial windfalls. Remember, the journey to financial freedom is not just about the numbers—it's about being open to and recognizing these hidden opportunities that can make your financial dreams a reality. What hidden gems have you discovered on your financial journey? Share your experiences in the comments! #FinancialFreedom #HiddenGems #FinancialJourney #MoneyMatters 💰🌟

Breaking the Cycle: 🌸 The Hidden Dangers of Living Paycheck to Paycheck. Are you tired of living on the financial edge, never knowing if you'll have enough to cover unexpected expenses? 🌸The paycheck-to-paycheck cycle affects millions, causing stress, anxiety, and limited opportunities.🌸As a Digital Business Owner and Consultant, I've seen firsthand how this cycle holds people back. It's not just about making ends meet – it's about living a life of purpose and financial freedom.🌸 The dangers of living paycheck to paycheck includes but not limited to :Limited savings and no emergency fund,high stress levels and burnout, missed opportunities for growth and investment,lack of control over your financial future. But there is hope! 🌸 By starting your own online business, you can:1. Create a secondary income stream. 2. Build wealth and security. 3. Achieve work-life balance. 4. Take control of your financial destiny. 🌸 What I do? I empower everyday people, professionals, and working moms to break free from the paycheck-to-paycheck cycle. Join me in building a brighter financial future, where possibilities are endless! Drop me your email address in the comment section & I will send you a link on how to start. #FinancialFreedom #OnlineBusiness #BreakTheCycle

Having an extra income is beneficial for your pocket because it provides financial flexibility and a safety net. Beyond the primary source of income, an additional stream can act as a cushion against unexpected expenses, economic uncertainties, or job-related challenges. It not only increases your overall earning potential but also allows for savings and investments, contributing to long-term financial security. Whether it's a side hustle, part-time job, or passive income stream, diversifying your sources of revenue helps mitigate financial risks and provides a buffer that can enhance your financial well-being, enabling you to better navigate the complexities of life and achieve your financial goals To learn more about how you can use the travel industry to achive this simply DM me with the words "travel to retire" #travel #earn #save #gratitude #luxurylifestyle #luxurytravel #travelinspiration #wealthbuilding #personalfinance #personalgrowth#onlineincome #travelandwork #travelandleisure #inteletravel #plannetmarketing #appytotravel #appytoinvest #retireearly #retirementplanning

Where Financial Success Begins 🚀 As we find ourselves in the reflective period between Christmas and New Year, it's an ideal time for a mid-week financial health check. 🗓️ Are you a high achiever professionally but feel less confident about your financial strategies? You're not alone…… Excelling in the corporate world is a remarkable feat, yet managing personal finances can often seem like navigating uncharted waters.🛥️ We understand the unique financial challenges faced by high-earning professionals. We offer a supportive and empathetic environment where your financial concerns are not just heard, but addressed with bespoke solutions. 🛠️ 📊 Our expertise lies in aligning your financial plans with your career success, ensuring that the fruits of your labour benefit not just your professional life but enrich your personal life too. ✈️🚤🏖️ As the year winds down, it's the perfect moment to reflect and plan ahead. Let us help you translate your career achievements into a robust and rewarding financial future. Together, we can devise strategies that maximise your earnings, optimise your investments, and provide peace of mind for the years ahead. 🤝 Begin the journey to a more empowered financial future. Visit our website to discover how we can tailor our services to your unique needs and aspirations. www.simplicityfp.co.uk Let's make your hard work pay off in every aspect of your life 🙌 #FinancialWellbeing #SuccessPlanning #YearEndReflections