I've just had a financial wake-up call after reading "I Will Teach You To Be Rich" by Ramit Sethi. The hard truth? My financial literacy is terrible, and it's been messing with my money situation for years now.
2022 was my golden year financially. There was high demand for my services, jobs were everywhere, and money flowed steadily. But when that dried up, everything went downhill fast. I've been chasing that same success by taking on more jobs, but it's like trying to catch lightning twice—it just doesn't happen.
Reading Ramit's book made me see how shaky my financial foundation really is. I'm not wasting money on myself (most goes to my kids' education and needs), but I've gotten into the habit of spending whatever comes in without planning or saving properly.
Right now, my money is tied up in two overlapping life insurance plans (I realized too late I didn't need the second one) and payments on a plot of land that I started in 2020 and will finish later this year. These aren't terrible investments—the land will grow in value—but they're locked up. I can't easily access this money when emergencies hit without paying penalties. Meanwhile, my emergency savings are gone because I've been making less money while expenses keep growing.
After this financial reality check, I now see I need to track my finances deliberately, create a system to plan where my money goes, build actual savings, find smart investment opportunities, and balance my kids' needs with my own financial future.
This fits perfectly with my goal to be more intentional this year. I've already got the right mindset—I know what needs doing—but my finances were the missing piece.
It's sobering to admit my financial situation isn't great, but I'm actually excited to learn proper money management. Within a few months, I hope to have a clearer roadmap for my financial future—not just for this year but for the next five years and beyond.
My journey to financial literacy starts now.
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