The following blog post is part of The Road to Financial Wellness blog tour. The Road to Financial Wellness is a three-month, grassroots campaign promoting financial empowerment on a national level and encourages people to pursue their dream lifestyle. Find out more about local events near you.
Yesterday was my last day at my nonprofit job. Today is officially the start of my freelance journey (and also my two weeks ‘off’, though I’ve somehow managed to fill up a lot of my free time.) I’m going after my dream, and it feels wonderful.
This new phase has got me thinking, of course, about the next chapter in my financial life. Freelancing is a whole new ballgame, and there’s a lot I need to adjust to. I’m excited for the challenge, but make no mistake: it will be a chalenge. It’s made me realize that financial literacy will always matter. No matter what stage of life you’re at, financial literacy will always be important.
Two years ago, becoming financially literate to me meant figuring out how to deal with my pile of student loan debt. One year ago, it means figuring out how to open retirement accounts and start investing. Today it means figuring out how to make money work as a freelancer.
While the issues may change, the fact remains that staying financially literate is a key part of life. Someday I may have a mortgage, and that will be another thing I need to get educated about. You’re never able to close your eyes and hope that your money takes care of itself. Money requires attention. It’s needy that way.
Continually educating yourself on financial issues is a habit that will only help you. I personally love learning about new areas of the financial world. It makes me feel powerful and smart. I had a whole conversation with my boyfriend’s parents two weeks ago about reverse mortgages. They’d been getting offers for one in the mail and asked my opinion on them. I had no idea what they were talking about at first, but I did some research and went back to them with some information. Not only were they about to learn something, but now I’ve got a whole new area of information to inform my future house buying decisions.
Learning about money management skills and then applying them to my life has forever changed me. I’ve paid off my student loans, I’ve found my voice as a writer, and I’ve started a whole new career because of it. Financial wellness is something I strive for in my everyday life. For me, it started with educating myself. I encourage everyone out there
Financial wellness is something I strive for in my everyday life. For me, it started with educating myself. I encourage everyone out there to take the first step for themselves. I googled ‘how to pay off student debt fast’ one day, and my entire life changed. So whatever it is that you need to learn about, whatever it is that you want to change in your life, start today. Take one step today. And tell me about it in the comments!
Kara Perez is the original founder of From Frugal To Free. She is a money expert, speaker and founder of Bravely Go, a feminist financial education company. Her work has been featured on NPR, Business Insider, Forbes, and Elite Daily.