What about those dreams eh? Well if you've been watching some of the Olympics you'll probably have seen that Michael Phelps won his 21st Gold medal. We digress though. Stay tuned after this article to have a look at some of the heavy hitters in the personal finance space.
Should you take the path towards your dreams or the "safe" one?
The answer as with most of the tough calls in life & finances is that depends on what you want to achieve. Read more about if goals are the "best way". The key areas that it can depend upon are:
- What stage of life you're at?
- What are things in your life that are "non-negotiable" i.e. do you want to have kids, is owning a house important to you etc
- How you want to live your life & what you value? Do you value safety & security or is freedom and adventure for you?
- How much money you have in the kitty, this shouldn't stop you if you don't have any however can be a consideration
There are many more factors affecting each and every one of you however it is well within your reach to have your cake & eat it. Did someone say cake? Yep, we definitely want to eat it :)
Is it possible to chase both?
As with most things in the Money Glee group, we like to help you challenge the status quo, think a bit differently & be open to new thoughts and ideas. Based on this why can't we do both, possibly not at the same time, however it is an option. Imagine the following scenarios:
- You have a corporate 9 to 5 or work in a factory & have the ambition to become a recording artist. Why aren't you able to practice after hours or play on weekends
- You're young student in university & want to see the world. Why aren't you able to defer university or take off on exchange
- You have a young family yet want to play sport or write a book. Be creative with your time, learn how you can help out at home so you can take a day off the duties on the weekend
Sure it's not always going to happen or happen overnight for you however make sure you keep that dream alive. May sound corny although why not?
Onto our special segment & what we're continuing to do here at Money Glee is to continue acknowledging people in the personal finance (PF) & occasionally the broader blogging community, who are doing awesome & cool work!
We want to keep paying it forward & giving more back, so every second Thursday of the month there'll be a talk about them post. Check out July's post here, if you'd like to see Michelle from over at Making Sense of Cents or Holly over at Club Thrifty. These 2 power ladies in personal finance can certainly show you some great tips & tricks.
We're here to bring you 2 more great personal finance bloggers though, who you'll benefit from checking out!
Todd from The Financial Mentor - Todd is a no nonsense operator who brings great value & can be your financial "mentor". You can never underplay the importance of a mentor & Todd produces great articles & content on a consistent basis
Linda P Jones from Be Wealthy & Smart - Love what Linda is promoting out there! It's her idea to be counter-intuitive & present ideas that your not likely to see in the mainstream media through her blog & podcast. Take a look & get ready to learn.
We'd love to thank everyone reading, be grateful for all of the comments, likes, shares etc and ask that if there are any topics you'd like to read about related to personal finance or life, hit us up.
If there is someone you read who we should be checking out let us know?
Any questions, comments you had about personal finance definitely let us know as well :). Remember to live your Money Glee!