It’s Your Life, Not Theirs: Controlling Your Financial Future
We live in an interconnected world, but there’s an argument that some people take this idea too far. Instead of living their life, and controlling their own destiny, they rely on other people to do the legwork for them. However, if you’re too dependent on other people for navigating your path towards financial freedom, then you’re taking much of a chance: other people aren’t you, and they won’t, in the end, have your best interests at heart. Below, we take a look at a few ways you can make sure your success is down to just one person: you.
The Art of Self Reliance
The problem with relying on other people is that it takes control out of your hands. If you worked for a company, and you become dependent on them, then you’ll be severely reducing your options should they decide to, say, move the headquarters to another country. Similarly, think of buying a home as an investment: you could follow the guidance of a real estate agent, but if it turns out to be a dud investment, then remember it’ll be you that lives with the consequences. You can use other people’s expertise up to a point, but in the end, it’s your call.
Building a Career
One issue many people have is getting themselves hired by a company, and then sitting back and waiting for the inevitable career progression to kick in. However, this isn’t always the best idea, especially if you’re working for a company where promotions are hard to come by. To get the most out of your working career, you need to be willing to move. You’ll be serving yourself much better if you’re willing to take an opportunity elsewhere – you’ll get better jobs, and earn more money.
Controlling Your Investments
If you’re trying to become financially free and secure, then there are no two ways about it: you need to be making investments. Most people let firms manage their portfolio, but there’s a lot to be said for controlling your portfolio and making your own investments. This Tastyworks review emphasizes the autonomy that comes from using the platform, which allows investors to make their own calls. Rather than letting other workers – or, worse, robots – manage your future, put it in your own hands.
Going Solo
To make the big money in this world, you can’t just be a worker. You need to have stock options, or to run your own company. For anyone serious about their financial future, starting a business must be a serious ambition. Once you’ve built up your time at a company, put what you’ve learned into practice and go solo. You never know what you might achieve.
Make Your Own Decisions
Ultimately, your finances – and the rest of your life, come to think of it – comes down to your own decisions, nobody elses. It’s the only way to live a fully formed, autonomous life. If you’re not already doing so, take back control: the successes will feel all the sweeter.