Fredrick Douglas has quoted it beautifully – if there’s no struggle, there shall be no room for progress.
Rightly said. There’s no rational relationship that doesn’t go through a rough patch before succeeding, be it with your friends, co-workers, or significant other.
At some point in time, we all have to go through it, and honestly, that’s how you bond and get to know each other better. Now just for once, replace your emotional bonds with your financial knowledge. We know it sounds abrupt, but hang on, it’ll all make sense.
As much as we take our personal relationships seriously, it’s high time we pay some attention towards our and our family’s financial knowledge. If you’re in the habit of reading financial literature, are well aware of where and how your money flows, and keep yourself updated with market trends, congrats! You can consider yourself financially aware. Yet, a huge number of people among the American population still haven’t figured out their relationship with finances.
So, the question is, how can we build an intentional, active relationship with money? Well, here’s how.
Be conversational about money matters
Communication makes life so much easier. Building a strong and reliable relationship requires a lot of direct communication, especially when you’re discussing an active issue. In this case, it’s money/finances.
Despite ignoring and dodging money-related issues, we need to be a lot more transparent and conversational about this topic. As a family, you must discuss your financial goals, growth plans, etc., with each other. This will improve your relationship with your friends and family and act as a common ground to exchange ideas.
Create real goals, irrespective of what you witness on the gram
Social media has become such a huge part of our lives (Gen Z readers will relate to this). The content we consume on a daily basis is so addictive that we tend to keep re-watching it and imagine ourselves pursuing something similar just because our favorite influencers are doing that.
Well, that’s not how life works! It’s the job of the influencers to try and leave an impact on your life, but that doesn’t mean you should shift from your goals and start following the flock of sheep. Stick to your business, hun!
Unity is strength
We’re a part of a culture that feels accomplished when they achieve a goal single-handedly. Not that that’s a bad thing, but the kind of pleasure you experience when you work as a team gives you literal chills. After all, building an empire is a team sport, not something that can be achieved single-handedly.
When you work as a team, it doesn’t matter who worked more or who worked less; it’s about how far you’ve come and how much you’ve achieved. So work together with your family and friends to build more money awareness.
To sum it up
Now that you’ve received a complete breakdown of how to promote financial literacy among your family and friends, it’s time to be more verbal about it and work towards improving your relationship with your finances. Don’t forget to let us in on how it works wonders for you!