April is financial literacy month and I wanted to ensure that all my money team is financially well off.

You know I got you! So let’s get into it.


We try to eat right, get exercise, take our vitamins and drink lots of water to keep our bodies healthy and build our immune system. What about your finances? Can you have a healthy financial life? And, if so, how do you do it? Maintaining a healthy financial life is very important, imagine not worrying about money, which is sure gives you a level of peace of mind and eliminates the stress of how you are going to pay all your bills, etc.

With all that said, let’s look at a few ways to get your financial life as healthy as your ‘body and mind’.

1. Live ‘below’ Your Means – Because you earn more, doesn’t mean you should spend more. Hear me out…I recently watched a video about Jeff Bezos and Warren Buffet, and it highlighted the fact that Jeff was a Honda Accord, no flashy car. Food for thought, right? In addition, when you spend less on consumer items, you can invest more of that money in investments that will make your money work and earn you more money. I’m not saying to live cheaply but you have to stay in your money lane…don’t go overspending.

2. Pay down or get rid of that high-interest Debt – We have to pay down and ultimately get rid of those higher interest debts, like our credit card expenses. Credit Card expenses can be a killer because the interest rate is so high. So make a plan a plan to pay down the debt monthly (no minimum payments guys, that does not help, you need to pay more than the minimum) and more importantly, put that card away until you have cleared the balance.

3. Start Investing – If you are still just saving in a bank account, stop that right now. You are not making any money doing that, in fact, you are losing money; I bet the inflation rate of 8% is higher than your savings account interest rate. I strongly recommend that you open an investments account, with an interest rate that is higher than the inflation rate.

These principles are not new, this is how rich persons have been making money for years. Money is a tool to create more wealth, so you can enjoy a higher quality of life. 

My passion is helping people to take control of their finances and learn about money. I would be happy to share more tips and actionable ways how you can improve your financial situation.

Are these tips helpful? Let me know in the comments.

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