TNFG Weekly Chapter 12: Losing Control of Your Finances

TNFG Weekly is a dose of my favorite nutritional content and nuggets that’s worth indulging. Sharing Financial Wholeness through Mindset, Articles, Spirituality, Health, Food, Fitness, Books, and etc.

And to be honest, it’s kinda like free-styling off of one topic. Check out these chapters below:

Table of Contents

Tumbling Down the Road of Despair

Healing doesn’t mean the damage never existed. It means the damage no longer controls our lives.
Unknown

You Don’t Escape Financial Trauma

A lot of people are trapped in the semblance of control. They say, Affirm it, Pray for it, or Wish it; and somehow it all works out. I grew up not knowing my parents until I was maybe 6 or 7. When I saw other kids with their parents like an episode of Naruto, I felt sadness and eventually anger. I wished and prayed for such things with no context.

When I met my mom, it was traumatic enough for me to wish against it. When I met my father, I learned it would have been better if I romanticize his character. I shared this to say, that we often don’t know what we are wishing for. Turns out, I was 100% better off growing up without them. These type of lessons extend into the Financial Literacy realm as well.

You grow from it

Not a day goes by that someone on social media decries student loan debt, or credit card debt. It is as if we were spending all this money at gun point. The truth is, we were charging up a storm with reckless abandon. We picked up the tab every semester and earned a heavy debt for it. And I emphasize earning our problems because we didn’t have to.

It sucks but that’s part of the story. Know that you understand the mistake, this should be the catalyst for changing it. You can do this by accepting the mistakes of the past, teaching others, and growing from them. Sure you have the credit card debt but we can’t separate the memories made from them. And at this stage, it’s high time we pay them back in full.

We can’t escape Financial Trauma, we can only grow from them.

When you Lost, Lose or Will Lose Control

The last time you lost control of your financial situation is because you were not paying attention of the road signs.

Financial literacy is not a new concept. It was always been thought to you and around you even if you weren’t paying much attention to it.

From basic arithmetic to solving for X, it’s all about learning how to problem solve.

If you are going down that trajectory now or even later, I guarantee that the precursory will be you not paying attention.

Mind the Road

Write down your goals for the next 6 months or until the end of the year. Note where the problem areas are. Solve for X to see if there are gaps in your logic like not having an emergency fund. Understand the need to delay gratification; if you can afford to travel now, doesn’t mean you will never get a great opportunity to do so. And finally, put in the work to end the year better than you started it. That’s the secret sauce.