Financial education

10 Tips to Establish Financial Independence in your 20’s

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Financial Independence

Want to save more in your 20’s? Start building habits right away that can help you achieve this goal because when it comes to saving, consistency matters. For many young adults, managing finances could be quite overwhelming. Once you are out of college, you need to start thinking of getting a house, medical insurance, and whatnot! Above that, you have no experience in managing your finances.

In this article, we are sharing the top 10 ways to establish financial independence in your 20’s so that you can live the life you always wanted.

1. Start setting budgets for financial independence

If you are still in college or have just started working, you must start setting budgets for everything. A budget is just a fancy term for a plan on how you are going to spend your money.

Start with taking note of all your expenses. Include every little thing in this list, from buying groceries to paying for your gym class. Then, see where you can cut costs. For instance, if you are someone who eats out most of the time, try cooking meals at home and see how your savings go up!

2. Do not rely on your credit cards much

Credit cards make it possible for us to get what we want. But, when it comes to paying the bills, it becomes tough. So calm your mind a little and stop yourself from using your credit card unnecessarily. Many young adults have started using their credit cards only at the time of an emergency.

If you are buying anything on monthly installments, make sure to get a no-cost equated monthly installment (EMI). In no-cost installments, the bank charges no interest on your credit card bill. This way you can pay a large bill in a few months. However, large monthly installments would block your credit limit. So in case of an emergency, you might not be able to use your credit card. Therefore, make sure you opt for a small loan.

3. Live a frugal life

If you want to manage your expenses in your 20’s, stay lowkey and authentic. This means even if you have a car, choose public transportation for commuting to work as it would save you money. Do not go crazy behind brands and make sure to spend your money on shopping wisely.

If you have a $300 purse, but you have nothing to put in it, your purse isn’t worth it. But, if you have a $10 purse with $290 in it, the value of the purse automatically increases. You may also try and cook meals at home instead of eating outside. The bottom line is to learn to live within your means and save as much as possible.

4. Say no to borrowing

Whether it be your mother, father, sibling, or any other family member or friend, make sure to borrow no money from them. Then only you will be able to reach financial freedom in your 20’s. Learn to manage your expenses on your own as much as you can. Even if you have to get a loan from them, maturely approach your parents and make sure to repay their loan as soon as possible. Building financial independence is more about feeling financially independent.

5. Check your spendings

Setting up a budget is not enough, you need to keep a check on yourself and your savings. Doing this regularly will help you analyze whether you are meeting your monthly spending goals or not. Gather your monthly bank statements and make sure to balance your accounts and keep track of all the transactions that took place. It might seem a lot right now but once you will get into a habit, it will become easier for you to track your spending records.

6. Avoid impulsive shopping

Do you often shop based on your feelings and emotions? Many young adults go out shopping when they are feeling bored, depressed, or extremely happy. At such times, they shop for things that they might not need and all this disrupts their savings. First of all, make sure you do not shop impulsively. Secondly, make sure you have a list every time you go out shopping. You need to buy things that are mentioned in that list. Do not let any attractive offers lure you. Just a little organization and you will be able to enhance your savings.

7. Make savings a priority

Do you often save money after everything else is taken care of? Well, change this habit as early as possible. Make your savings a priority. Whenever you receive your monthly salary, make sure to save some part of it. Then, keep the rest for investing and paying bills. Many people follow the 50-3-20 rule. Based on this, 50% of their earnings go to their basic needs, 30% of their earnings go to their wants and 20% of their earnings go to investments and savings. You may alter this figure based on how much you earn.

8. Try minimalism!

This could be your next lifestyle. Minimalism, as the name suggests, means living with the things that you need. We often have this habit to fill our houses with everything. We might have fifty dresses back at home and still won’t hesitate to shop for another one. We never hesitate to buy a new decor item for our house or a new shining bedsheet even if we have many in stock. All this leads to unnecessary spending and would never let you reach financial independence in your 20’s.

9. Look for deals

Daisy, who works as a finance expert at GoDissertationHelp says, “you can save a lot on things you normally buy such as groceries or clothes. All you need to do is wait for the right time. For instance, many online grocery stores offer huge discounts on certain days every month.” Similarly, online retail stores like Amazon offer huge sales on special days like festivals and end-of-season. You can buy clothes, furniture, or decor items on such days.

10. Be patient until you reach financial independence

Learning how to manage your finances is a process, just like taking assignment help. Do not expect yourself to master this technique in just one day. Sometimes you might shop impulsively. Sometimes, you might not be able to save up to 20% of your income. When these things happen, be kind to yourself and do not feel guilty. John, who works as an academic assignment helper says, “your goal should be to watch yourself from spending money unnecessarily and learning from your mistakes. Do not let your mental well-being get harmed while spending less and saving more. Slowly, you will learn to overcome your emotions, and then you will become financially independent.”

Wrapping up

Building a habit to save more and spend less takes time. Hope these 10 tips will help you establish a ritual to save more money in the future. No matter what you choose, never compromise your health for money. You are still in your 20’s. It is great at least you have decided to save for the future. But you still have a lot more days and a lot more potential to accomplish your goals. Just never give up!

Top Reasons Why Insurance is Important in Life

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Top Reasons Why Insurance is Important in Life

Life insurance is about securing your greatest asset: your own self and life because nothing is more important than your life. As we go through the different stages of life and grow older, find a partner, and start a family, we realize the importance of getting insurance as a long-term plan for financial stability.

Insurance provides you with the financial stability to sleep peacefully, knowing that you and your loved ones are protected and in good hands. The concept of life insurance can be complicated, and it’s more difficult to decide if you need one or not. Here are a few other reasons why you should get life insurance.

1. Inheritance

Nobody wants to leave their loved ones with the burden of loans and no money to live one. Everyone wants their family to be financially secure after their death. Life insurance can help you achieve that by enabling you to build an inheritance. If you don’t have other assets to leave behind as inheritance, you can create a life insurance policy and name your loved ones as beneficiaries. This way, you can secure your children’s future and provide for them even when you aren’t here.

2. Protect your loved ones

Life insurance becomes a must when you are the only bread earner in the house. Life insurance is important when your loved ones depend on your income for a living because it takes care of them financially in your absence. This holds especially true for parents with young children or a spouse that is completely dependent on the other and would find it difficult to sustain a living if their partner passed away. You need to think long-term and keep in mind that you will have to provide enough money so your family can cover the cost of daily expenses.

3. Pay of loans and debts

Your loved ones also need to be free from any outstanding debts and loans. Funeral and burial expenses can easily account for up to fifteen thousand dollars. When you go, you obviously don’t want your loved ones to worry about financial problems along with the emotional trauma they will be going through.

4. Increases financial stability

Everybody wants their loved ones to live peacefully and happily without any financial problems and issues when you pass away. Getting life insurance secures your loved ones’ future and takes care of their education, marriage, and career. But you must see best final expense insurance companies available in the market before you make your decision.

5. Sleep peacefully

Nobody knows when they are going to pass away. Death is inevitable and will eventually occur. No one can ever replace a person and their contributions and love that they have for their family. But life insurance can help provide financial stability and protection in times of need and unexpected events.

Conclusion

Getting life insurance will, without a doubt, bring you peace and allow you to sleep peacefully at night, knowing that you and your loved ones are in safe hands. Life insurance protects your loved ones from the unexpected events that they may face once you are gone and provide them with care and financial aid whenever they require it.

Positive Words Research – Top Reasons Why Insurance is Important in Life

Trends That Inspire to Study Accounting in 2021

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Trends That Inspire to Study Accounting in 2021

Technology is always shifting its shape to bring innovative features the world has never seen before. It morphs our ideas into reality and transcends our imaginations. Various industries and fields are aware of the changes technology brings. And, even the accountant industry is trying to keep up with such recent technological changes. There are trends that inspire to study accounting. Businesses nowadays understand that there is a need for modernization within their infrastructure regarding accounting practices and processes.

Such a development gives rise to few accounting trends in 2021. Accounting firms and businesses alike are now practicing them to stay relevant in today’s challenging marketplace. We asked over thousands of accounting professionals such as financial advisors and bookkeepers to share with us the leading trends in the accounting field. And this is what we came up with:

Trends That Inspire to Study Accounting in 2021

1. Companies Are Moving Towards Cloud Accounting Solutions

Cloud computing is slowly becoming the norm in 2021. Since its inception, it has become increasingly popular in the last few decades or so. Whether it be the education sector or the automobile industry, it is changing the dynamic of every industry and sector worldwide. It offers various functionalities, which is making it a favorite amongst the accounting industry.

According to Finances Online research, around 67 percent of accountants prefer using cloud-based accounting. In comparison, over 58 percent of businesses have already incorporated it into their infrastructure. Hence, accounting professionals everywhere continue to embrace this modern trend in 2021. The cloud can include services such as Quickbooks, which is available from anywhere at any time. It provides businesses with stable security features far better than traditional measures while also allowing multi-user access. And all of this is possible for a fraction of the cost of conventional techniques.

Some companies hire new accountants with the latest accounting knowledge. In contrast, some companies spend on their existing accountants to join the latest study program. Accountants can opt for masters in accounting online to fill the gap between their experience and the latest accounting trends.

2. Accounting Task Management Through Automation

Put in a coin, select an option, and poof comes out your favorite drink! Yes, you heard it right. We are talking about a vending machine. When automated vending machines came into existence, they took over from traditional retail stores. They gave people a quick and easy option to buy their favorite snacks and drinks from an automated machine. Similarly, when it comes to a business’s accounting task management, automating these tasks will allow firms to reduce human-related mistakes and errors. It also lowers costs and improves productivity.

Bringing in automated task management allows organizations to experience increased levels of efficiency. Tasks such as payroll processing, invoice generation, and auditing are now safe to automate to make the life of a business owner a little less challenging. It allows companies and firms to cut down on money and time spent to complete tasks and better utilize the resources at hand.

3. The Accounting Field Is Embracing Data Analytics

When talking about data analytics and its benefits, the first example we can think of is Walmart. They utilized data analytics to predict their customer’s buying habits before the hurricane struck. Through the analytical results, they stock pilled on beers and strawberry pop tarts. Their stockpile sold off rapidly and allowed them to earn a lot of revenue in return.

Seeing what Walmart did, other companies jumped on the bandwagon and employed data analytics to monitor customer purchasing habits. Also, predict their behavior, and make better, more informed financial decisions as a result. Accounting professionals and firms alike can also make the same better, informed decisions to increase their outreach. Instead of focusing on number crunching and creating a financial statement, they devise strategies that allow their firms to grow. With the help of data analytics, accounting professionals can now detect discrepancies, monitor financial statements, a client’s transactional behavior, and much more.

4. Remote Working Is Taking over the Accounting World

While the recent Covid-19 pandemic forced numerous accounting firms to close up shop or adopt work-from-home practices, there were millions of people already working from home. Known as telecommuting, which started back in the 1970s, it grew over the decades. Letting employees work from their homes allows businesses to experience great productivity, reduced cost investments, and increased employee satisfaction and performance.

The same is the case for the accounting industry as well. Remote working is acting as a boon for accounting firms everywhere. Instead of improving and expanding their office space, these firms can now hire employees worldwide while not incurring additional office costs. They are also widening their client reach as employees can now work any time and cater to various clients from different time zones.

5. Accounting Firms Are Regularly Outsourcing Operations

When running an accounting firm, customer data is not the only thing you will have to manage. You will need to look after workplace performance, manage customer support, do invoicing, recruit employees, and much more. Various software allows you to handle such tasks efficiently. You will have to spend a lot of money purchasing said software and your staff’s training.

Outsourcing such business operations to avoid extra expenses is now a norm in the accounting industry. For example, instead of acquiring new employees yourself, you can hire a recruitment agency. They will do the entire hiring process for you. You only have to tell them the qualifications you require from an employee. They will provide you with the best possible candidates.

Companies can also hire third-party agencies to manage employee payrolls and customer invoices. Outsourcing all organizational and administrative tasks to third-party agencies will allow accounting firms and businesses to focus on core accounting-based activities. After all, what good is an accounting firm if they aren’t master at accounting!

Conclusion

The latest accounting software, cloud accounting, outsourcing business operations, and data analytics are a few top trends in the accounting industry in 2021. They can allow an accounting firm or other business type to make the best use of their resources. So, when you decide to enroll in an accounting degree program, ensure that you keep these trends in the back of your mind. Also, keep in mind that these accounting trends will change day by day, so you have to keep tabs on the latest ones before making your final decision.

Positive Words Research – Trends That Inspire to Study Accounting in 2021

4 Simple & Smart Suggestions To Boost Your Credit Score

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Credit Score

Do you often pay high interest rates on your loans or credit cards? Or, does your lender or card issuer ask you to pay more as EMI than someone you may know? If your answer to any one of the two questions is ‘Yes’, then you are a victim of a low credit score.

A high credit score brings with it several benefits like a low interest rate, better terms, higher repayment tenure, and broader discounts. Such benefits can conveniently decrease your interest bills than the current home loan or other loans’ interest rates. Read this article to discover four simple yet effective ways to boost your credit score.

The Top-4 Ways to Enhance Your Credit Score

When you apply for a home loan or any other loan, the lender would take a look at your credit score and determine the interest rate. If you want a lower interest rate than the current home loan interest rates, you have to increase your credit score. At this point, it is prudent to note that the current home loan interest rates are the lowest when compared to other loans.

However, before taking steps to increase the score, you should find out the reasons why your score is nose diving.

Here are the ways you can boost your credit score!

1. Pay More When You Can Afford To

If you have an existing loan, like a home loan, the chances are high that you pay a fixed amount every month. In the case of a floating rate of interest, your EMIs increase or decrease depending on market rates.

As you continue paying the EMIs on time, your credit score slowly ascends to the top. To accelerate the process, you can pay something extra when you manage some extra cash. Doing so can increase your credit score considerably, as it reduces your credit utilisation ratio.

2. Extend Your Loan Term

At times, your lender may tell you the advantages of closing off your loan account, like a home loan, early. The lure of massive savings may prompt you to opt for a short tenure loan. While it’s true that a short duration indeed makes you debt-free earlier, it can also increase your loan bills, making it challenging to repay on time.

In such cases, it is better to request your lender to increase the loan term. As you repay the loan bills before due dates, your credit score would jump healthily and steadily.

3. Keep Your Credit Utilisation Ratio Low

The Credit Utilisation Ratio (CUR) is the amount you owe to lenders compared to your net monthly income. If your CUR is 50%, it means you spend 50% of your net earnings to pay credit bills, including home loan EMIs.

If you aspire for a high credit score, your CUR must be below 30%. A low CUR means less stress on your financial health and better credit score.

4. Keep an Eye on the Credit Bureau

While it may seem too naive a suggestion, it can sometimes be the reason behind a low credit score. There are instances when the credit bureau is late in updating your records or might have updated it incorrectly.

It would be best if you check your credit score at least once every month and point out any anomaly. CIBIL, for example, provides you with the CIBIL Dispute Resolution Form, which you can submit online with details of the error.

Conclusion

Boosting your credit score can open up a door of opportunities. In best cases, you can get a much lower interest rate on your loans, like a home loan, than the current interest rates.

Positive Words Research – 4 Simple & Smart Suggestions To Boost Your Credit Score

Essential Shopping Tips for Students on a Budget

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College Money

Limited resources can spell doom to your college life. You have limited money to spend on entertainment, personal projects, and crucial academic needs. Save money by getting cheap help on homework. The helpers also allow you to focus on money making ventures like a job or entrepreneurship.

Luckily for students, there are numerous options when your finances begin to run low. Here are tips to help you shop for supplies without spending a fortune or running out of cash.

Create A Budget

Write down what you need to buy. A list will give you an idea of how much you will spend when you get to the supermarket. You can evaluate the items on the list against the money at hand. The list also helps you to establish priorities. Because the items are on the list, you can identify what stays and the items that can be discarded.

A budget keeps you disciplined when shopping. The discipline will enable you to remain within your budget. You will also tame the spending habits that could lead you bankruptcy. Always create a budget to help track the expenses and determine where your money goes.

Hunt For Promotions And Sales

Businesses and brands are always offering items and services at a discount. The offers and promotions help you to get the same quality of goods or services at a cheaper price. It will result in huge savings, leaving you with more money for future expenses or allowing you to buy more.

There are seasons that come with plenty of promotional sales. In other cases, brands entering the market or supermarkets opening their doors will run promotions. You should also time your buying to coincide with promotional seasons like Christmas, New Year, Black Friday, and such seasons when prices are significantly reduced. You get the same quality of goods and services but at a lower price.

Utilize Your Student Status

Students receive special consideration from time to time. Students on budget can take advantage of such consideration to save money. For instance, entry to a movie store could be a dollar lower than the ordinary person. All you need is to tag your student ID along.

In some cases, you are requested to make your student booking early. Take advantage of the student status to enjoy premium services at a bargain. The status lasts just a few years. Once it is over, you will have to pay the standard market price for the same services.

Use Cash-Back Apps And Loyalty Points

Stores and businesses entice people to use their apps with discounts. You lose nothing by downloading the apps and using them in your shopping. The promotion may be once in a while but it will lead to huge cumulative savings.

Loyalty points are redeemed when making purchases. You get goods worth a particular amount based on your accumulated loyalty points. Stick to a particular store to accumulate enough points to use during your next shopping expedition.

Avoid Wasting Food

Food is one of the most expensive items on your budget. You spend on food every day. Buy food at affordable stores and avoid wastage. If the food is too much, you can save it for future helping. Learn to prepare leftover foods such that they are palatable. If you can tame your food bill, your budget will reduce significantly.

Living on budget as a student does not mean that your life should be miserable. Budget for your finances and always look for opportunities to save. Adjust your priorities even as you take advantage of your student status to enjoy discounts.

Positive Words Research – Essential Shopping Tips for Students on a Budget

Will Luxury Cars Make You Happy?

Happiness, Financial education, Gratitude and happiness, Happy, Life, Positive living / , , , , , , ,
Luxury Car

We all have noticed that billionaire people posting and promoting top-end automobile manufacturers like Mercedes, Porches, and so on. The general people tend to share these posts following the pattern of these materials, making them happy. Now, we are disc what makes you a happy person?

So, does owning a luxury car make you happy? The big answer to the small question is- it depends from person to person. If you drive luxury cars in isolation, you don’t really know how the cheap car performs. The whole, like if you are upgrading to top-end vehicles, it absolutely makes you happy. 

Subsequently, happiness might last for a short period of time. When you get used to car comfort and luxury, you would want to rekindle the lavishness to a higher level. You will find the ultimate luxury experience while you switch back and forth between the basic and the top-end car. As you do so, you will eventually appreciate the refinement of a vehicle.

Nonetheless, the thought process of an individual differs from another. We often lie between the extremities. On the flip side, some people are keen on materialism rather than minimalism. They tend to switch between top-end Mercedes, Tesla’s new model time and again. On the other hand, people prefer driving basic cars even if they can buy luxury vehicles.

Subsequently, buying a used car might help you fulfill the dream if you are short in money. Sideways, rental luxury cars are also on the rise. It’s tough for general people to buy the top-end model of cars because they are tremendously expensive. Buying a used car is riskier than a new one. getting a Revs check report  gives you a clear understanding of engine theft, number plate theft, and stolen VIN records. Thus, get everything inspected when you keep an eye on one.

The worldly people enjoy driving on luxury vehicles, but according to them, the happiness lasts for a couple of days. At the same time, the other group let the broad scope of having the beautiful thing and the happiness last for an entire lifetime. The virtue of joy comes from within. It’s never late to decide what you will accomplish in the days forthcoming.

Some of the luxury cars you can buy right now.

Luxury Cars

A luxurious car doesn’t mean it’s good to buy. These days, the mid-range car offers the top-end technology and design that flagships provide. There can be some cost-cutting mechanism to the vehicle, but they look identical with features. With the rise in demand, the luxury car market is expected to rise by 10% in 2021. Here are lists of the end-luxury vehicle in the market.

1. Luxury SUVs

2. Luxury Sedan

  • Maserati Ghibli (2020)
  • Jaguar XF (2020)
  • Acura RLX (2020)
  • Volvo S90 (2020)

3. Luxury Convertible Roadster

  • Porsche Boxster (2020)
  • BMW-2 Series (2020)
  • Lexus LC (2021)

4. Luxury Supercars

  • McLaren 720s
  • Ford GT
  • Ferrari 812
  • Ferrari SF90
  • Lotus Evija
  • McLaren Speedtail

List of 30 Good Words for Prosperity

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List-of-30-Good-Words-for-Prosperity

Positive Words Research has compiled a list of good words for prosperity. Look at prosperity not only in relation to money but in relation to every area of your life: good health, love, energy, adventure.

Write on a piece of paper this list of good words for prosperity for 30 days in a raw. Try to think and write details from your life that add energy to these words. Think and remember moments from your life when you felt the below powerful words.

You will feel that some of the below positive emotions are hard to include in your vocabulary. For the positive energies that you feel hard to embody, make a drawing on a piece of paper with a moment in your life when you experienced that energy.

If you find it hard to remember or if you think you have never felt that energy of prosperity, take a deep breath and meditate for 5 to 10 minutes. Then think again. Be sure and confident that every person has experienced in their life every positive emotion from below, but they don’t remember it.

Good Words For Prosperity

  1. GRATITUDE
  2. COURAGE
  3. ABUNDANCE
  4. PROSPERITY
  5. WORTHINESS TO TAKE UP SPACE
  6. SELF-DISCIPLINE
  7. GRACE AND EASE
  8. ACCEPTANCE
  9. WEALTH
  10. VITALITY
  11. HAPPINESS
  12. BELIEVE
  13. LEGACY
  14. OMNISCIENCE
  15. AWESOMENESS
  16. EFFORTLESS EASE
  17. AUTHENTICITY
  18. INSPIRATION
  19. JOY TO LIVE
  20. POWER
  21. RESILIENCE
  22. SELF-CONFIDENCE
  23. I GET PAID FOR BEING ME
  24. MISSION
  25. WONDER
  26. FREEDOM
  27. IKIGAI – a reason for being
  28. LIMITLESS
  29. LIFE IS FOR ME
  30. TRANSFORMATION

Good Adjectives For Prosperity

Find below a list of good adjectives for prosperity to also use them in your practices.

  1. GRATEFUL
  2. COURAGEOUS
  3. ABUNDANT
  4. PROSPEROUS
  5. WORTHY TO TAKE UP SPACE
  6. SELF-DISCIPLINED
  7. LIVING LIFE WITH GRACE AND EASE
  8. ACCEPTED
  9. WEALTHY
  10. LIVELY
  11. HAPPY
  12. TRUST
  13. CREATING A LEGACY
  14. OMNISCIENT
  15. AWESOME
  16. WITH EFFORTLESS EASE
  17. AUTHENTIC
  18. INSPIRED
  19. JOYFUL
  20. POWERFUL
  21. RESILIENT
  22. SELF-CONFIDENT
  23. GETTING PAID FOR BEING ME
  24. PURPOSED
  25. AMAZED
  26. FREE
  27. HAVING IKIGAI – having a reason for being
  28. LIMITLESS
  29. BELIEVING LIFE IS FOR HIM/HER
  30. TRANSFORMED

It is very important to remember and draw a moment in your life when you felt each of the above positive emotions because in this way you anchor yourself in that energy of prosperity.

Share this list with a friend to inspire and lift his spirit.

30 Financial Affirmations to Attract Wealth and Abundance

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30-Financial-Affirmations-to-Attract-Wealth-and-Abundance

Positive Words Research presents below a list of 30 financial affirmations to attract money, wealth and abundance. Read these financial affirmations carefully and reflect upon them adding details from your life when thinking.

30 Financial Affirmations to Attract Wealth and Abundance

  1. I get paid for being me.
  2. More money is appearing in my life in unexpected ways.
  3. I deserve money so I can do everything I want to do in this life.
  4. Day by day I can see more money flowing to me.
  5. I spend money wisely.
  6. I am financially thriving.
  7. Money comes to me effortlessly and easily.
  8. I am attracting all the money I want.
  9. I have money like oxygen.
  10. I get richer by the second.
  11. May I and everyone enjoy financial freedom.
  12. I am grateful for all the money I have received.
  13. I am generous and wise with money.
  14. The Universe conspires to give me everything I need.
  15. We live in a friendly and generous Universe.
  16. I seek money and money is seeking me.
  17. I find joy in giving because I have more than enough.
  18. I choose prosperity.
  19. I get to show up and get paid.
  20. I pay my future self first.
  21. Every day in every way, I am becoming richer and richer
  22. Life is full of opportunities to make more money.
  23. I easily tune into the prosperity mindset.
  24. My bank account is blessed.
  25. I release with grace and ease every block that held me back from receiving prosperity.
  26. Every day in every way I am attracting more and more money.
  27. I allow my dream to be supported with money.
  28. I am worthy of receiving money.
  29. I have money.
  30. I have both active and passive income.

Write each of these financial affirmations on a piece of paper and reflect upon them. Also, inform yourself about tips to know and implement in your life so that you can reach financial freedom and independence.

Share these money affirmations with a friend to inspire his prosperity thinking.

Positive Words Research – 30 Financial Affirmations to Attract Wealth and Abundance

Ten Positive Words For 2020

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POSITIVE-WORDS-FOR-2020

Positive words for 2020 is an article that I think is very much needed in the current situation with the spread of the coronavirus COVID-19.

Based on Positive Words Research analysis of nice words for 2020 to think, so that we can successfully match the current situation, we have discovered some interesting inspiring words.

Our research started by analyzing the negative feelings and emotions that emerged worldwide after the start of the coronavirus COVID-19 epidemy.

Mainly, we have seen an increase in doubt, greed, panic, anxiety, lots of fear, hate, and anger. Also, we have noticed that there was an increase in verbal bullying, especially on social media.

This being said, we have come up with the following list of ten positive words for 2020:

1. HOPE

Hope cultivated correctly is one of the antidots for doubt, together with ease and optimism. It is also said that hope is one of the essentials foods that we need as humans. There are four essential different types of food that we need in order to survive and thrive:

  • The first type of food is “bitten food”; this is the physical food – anything that can be bitten and chewed, like a piece of apple;
  • The second type of food is sleep;
  • The third food is hope, and ancient books describe it as such. A horse strayed into the Sahara, in the desert, and wandered the sands for several days in search of water. Even when he is ready to die of thirst, he smells of water; he crawls on his knees over a hill and sees down an oasis with a small freshwater lake. The idea is – no matter how close the end is – the horse will be able to reach the water. Maybe his body is weak, but the hope is enough to sustain him for the last hundred yards. Hope keeps him on his feet, as we all do.
  • The fourth food simply consists of uninterrupted moments of concentration.

The above four types of food are specified in Geshe Michael Roach – “Love Karma”, pages 150-151.

2. GENEROSITY

Generosity is one of the antidotes for greed, together with altruism, benevolence, self-restraint, and unselfishness.

Making sure that every day you feel generous is the base for prosperity, abundance, financial freedom. Having all the money you need when you needed it comes from a feeling of generosity. You feel the power of the feeling of generosity when you think that all that you need is more than you need it and it is always at your disposal.

Some higher thoughts of generosity will appear in your mind when you convince yourself that you can be paid by being you and there is money for you in the world like the oxygen. Some lower thoughts of generosity, but also very efficient, will come to you if you just believe that you have and you will always have more than enough. Believe that life will always take care of anything you need.

3. LOVING-KINDNESS

Surprisingly, loving-kindness is one of the antidotes for panic, together with self-relief and body movement. Loving-kindness is a difficult feeling to feel, especially to feel it every day and choose it every moment, when needed. Monks practice embodying loving-kindness for years, through many actions that they take every day. But even at a lower level, loving-kindness has tremendous benefits on your mind and body.

Loving-kindness is more than kindness. It is said that if you want to really feel what love is, then practice kindness for two years, then loving-kindness for another two years, then you are ready to practice Love. This practice is done in three ways: towards yourself, towards other people and towards life (the entire existence as it is). Be kind to yourself, to other people and to life as it shows right now.

4. CENTERDNESS

Centeredness is one of the antidotes for anxiety, together with self-relief and body movement. Centeredness is again something challenging to do, especially in these times. Some people center themselves in the center of the Earth, of course through visualization. You can do it too. Just imagine that you are connected with a golden light full of pure unconditional love in the center of Earth.

Besides centering yourself on the Planet Earth, I suggest centering your mind and heart in something higher than Earth. This can be done through a combination of connecting with your higher self, with the six Dimension (the formless dimension full of unconditional love) as it is done in theta healing, with the Holy Trinity (Holy Spirit, Jesus Christ, God) as it is done in Christianity and many other divine connections as they exist in every culture.

No matter how you connect with a divine higher force (power, grace) is perfect. What I want to draw attention upon is for you to do it. It’s more important, not how you do it, but to just do it. Keep your mind focused (connected) on that higher power, no matter how you define it or believe in it.

5. BRAVERY

Bravery is another word for courage and it is one of the antidotes for fear, together with action and fearlessness. Have courage in these difficult times, be brave. Easily said, harder to be done when fear is knocking on your door. But humans are stronger and more courageous than they know. Due to our modern facilities, we have become comfortable in many ways. When our modern facilities are threatened, our comfort gets disturbed.

But we are not machines to operate only in a certain way. We are humans and there are many strong qualities and abilities in us, that are only dormant. Wake up your human abilities and be amazed by how brave you really are. Inspire yourself to have the courage and you will inspire other people to have courage too.

6. APPRECIATION

Appreciation, believe it or not, is one of the antidotes for hate, together with gentle love and goodwill.

I think a lot of verbal bullying comes from the lack of a temporary ability of one person to appreciate. First, this situation occurs because the person lacks education and does not know how to practice the art of appreciation. Surprisingly, based on the research I’ve done through my Positive Words Research project, this is the main reason why people don’t appreciate more. Second, this situation occurs because people did not train themselves to be strong in their choice between appreciation and bullying/hating/criticizing.

I strongly believe that practicing the art of appreciation can stop bullying, self-hatred, hating others, self-criticizing or criticizing others.

7. ACCEPTANCE

Acceptance and mainly “acceptance of what is” is one of the antidotes for anger, together with humbleness and forgiveness. The faster you accept what is, the faster you cool yourself down, even before you caught fire. Not catching fire is the secret of winning over anger.

Some say that anger is good, it’s transforming energy. Anger makes you change things. A lot of people change the material world with the energy of anger. I agree that anger is good. But I need to point something out and it is very important.

In the scale of consciousness, Dr. David Hawkins presents, below anger, the lower energies of shame, guilt, apathy, grief, fear, and desire. Therefore if you find yourself in a state of apathy, then anger is good because you will get yourself out of apathy and raise your vibration. Same, if you find yourself in a state of fear, then anger again is good.

Then again, on the same scale of consciousness, the same doctor presents, above anger, the feelings of pride, courage, neutrality, willingness, acceptance, reason, love, joy, peace and enlightenment. If you find yourself at the level of reason and you let yourself feel the anger then you significantly drop in vibration and consciousness. Also, please notice that acceptance is a state above anger. Therefore in order for you to reach the acceptance stage, you need to let go of anger.

8. EMBRACING VULNERABILITY

Embracing vulnerability is one of the antidotes for shame, together with audaciousness and self-worth.

Brene Brown has made amazing research on vulnerability and she briefly explains her research on her viral TEDx talk “The Power of Vulnerability”. Among her many conclusions, she also states: “Vulnerability is the birthplace of innovation, creativity, and change.”

Yes, change is scary. But, also, change is constant. Change is security. You can always trust that change will happen. In the middle of change, when change is happening remember: This too shall pass… this too shall change.

9. FRIENDSHIP

Maybe surprisingly for some people, but friendship is one of the antidotes for boredom, together with fun and playfulness. We like to be friends with people we like. We like to be friends with people with whom we have things in common.

How about expanding our boundaries and starting showing friendship to people we never thought we could be friends with. For example with people from other countries or people from the same country as you, who are returning home. No need to make a spectacular contribution, just small acts of kindness. Like a good welcome comment on a social network, or an encouragement of some kind. Empathy helps you a lot in friendship.

10. CONTENTMENT

Contentment is one of the antidotes for helplessness, together with serenity and ease. Contentment is a little more than thankfulness and less than gratitude, joy or happiness. But it helps a lot. It has a lot to do with being thankful for what you have, but is actually, being content with what you have. A little smile on your face is an ingredient of contentment.

I remember one of the smallest types of meditation that I learned at one point in my life “Sit, don’t talk, smile”. In this meditation: sit still, don’t speak with your mouth, smile and mentally scan all the organs in your body. This is contentment.

Well, I hope you found some inspiration to help you get through these challenging times.

Meditate upon the positive words in this list and try to implement small actions in your life. In this way, these powerful words will become antidots for negative feelings and emotions. For yourself and the people around you.

Copy the link of this article, then send it and inspire a friend!

How to Revive the Passion for Your Business

Success, Business, Financial education, Guest posting, Health, Inspiring words, Marketing, Mental health, Positivity, Tips, Travelling / , , , , ,
How-to-Revive-the-Passion-for-Your-Business

The passion for your business is an amazing feeling. As many entrepreneurs will tell you, starting your own business and seeing it expand may be one of the most exhilarating and demanding endeavors of your life. There’s such a rewarding feeling in seeing how your very own creation not only made it out there in the world but also brings utility to the people around while paying for your rent and vacations.

How to Revive the Passion for Your Business

Each entrepreneur will, at some point, reach a plateau when the passion starts to fade. It may initially be barely noticeable, but it will turn into a full-blown challenge as soon as your business hits its first major roadblock. Fortunately, not all is lost, since there are ways that can help you get that  spark back and inject your business with vitality:

1. Get Rid of the Guilt and Revive the Passion for your Business

Apart from the technical issues you may be dealing with within your business, guilt is the biggest and most dangerous setback you can actually face. When business isn’t working, many entrepreneurs out there will feel they have failed themselves, the dream they believed in so much, as well as the employees they have working for them. Having said this, these feelings of guilt will often keep you from taking action when you need it the most. So train yourself to become alert and stop this negative thinking loop, so that a new behavior of positive thinking can take its place. As soon as more positive thoughts start coming to mind, you’ll feel more and more inspired to take action for your ailing business.

2. Allow Yourself to be Mentored

Regardless if you’re seeking the help of a professional or the help of a successful industry peer, it’s important to acknowledge that asking for help stems from and nurtures great inner power. On the one hand, a professional mentor or business coach will have all the necessary know-how and techniques that can help you pinpoint your negative thinking patterns and reconfigure your brain. On the other hand, an industry peer you look up to will have specific insights on your type of business and may counsel you according to your particular business needs. All you would need to do is to ask them out for coffee and honestly address your struggles, so they can truly open up to you too.

3. Spice Up Your Mornings

If you’ve been used to doing things the same way every morning, you can’t really expect different results to show up in your business. It’s often underestimated how big an impact morning routine has on an entrepreneur’s entire day. The first hours of the day should be used to create intentionality and vision for what’s ahead. This is why it’s worth starting your day with a walk in the park or by meditating. To the same extent, you can also try journaling – there is a great power of words you’ll experience as soon as this becomes a part of your daily routine.  

4. Befriend Innovation and Revive the Passion in your Business

Innovation, or lack thereof, goes hand in hand with a person’s ability and willingness to remove themselves from their comfort zone and allow for risk to enter their lives. Of course, this goes the same for you as an entrepreneur – you need to start asking distressing and harsh questions that will allow you to see what can be improved in your business. Think if there’s maybe an area of your business that could do with a fresh approach or if there’s perhaps one novel method you’ve always shied away from implementing yourself. Now is the time to be honest and start acting on the answers you’ll give yourself – they hold all the directions you need in order to revitalize your business.

5. Acquire More Knowledge

If there’s one thing an entrepreneur will never be in short supply of is knowledge. There’s always more information you can acquire and bring back into your business to help it stand on its own two feet and even flourish. Sadly, many entrepreneurs come at a loss when it comes to basic financial and marketing information, for example, among other areas their business can benefit from, regardless of the industry it operates in. This is why it’s important that, as an entrepreneur, you take time aside and invest in furthering your education.

When all is said and done, running a business from the ground up is definitely not for the weak of heart. To this end, it’s especially difficult to make it work and then see it flounder. However, the beautiful part is that you have the power to bring its life back and rekindle the passion for your business yourself – all you need to do is focus on yourself, remove limiting beliefs and dare to risk once again.

About the Author

‘Claudia Spataru is a free spirit located in Bucharest, Romania and always in search of answers to life’s greatest questions. She loves to understand how people work, what makes them tick and find ways to help them reach higher grounds. She adores the sea, traveling and laughing.’