Getting My Financial Shit Together… Or Not

When you’re trying to get your shit together, the most logical thing would be to sit your ass down and write a plan, right?

After realising the importance of having financial goals from talking to my friend Ari about investing in property, I’ve spent a lot of time thinking about how the hell I’m supposed to plan for my financial future. I mean, I can’t think about investing when I don’t even know what I’m working towards.

The standard advice is to “have a plan for where you want to be in 10, 20, 30 years… blah blah blah RETIREMENT!” and it’s usually a monetary figure so you have an idea of what you need to start earning and saving towards that goal. Hmm, sounds simple enough.

Except it’s not. I suck at long-term planning. I live in the moment and go with the flow. And honestly, doing that has led me down some beautiful roads that I could never have imagined. Like starting this blog. It just kinda happened, and I’m so grateful for it.

That’s why this planning process is so frustrating. Look, I get it. To be able to take control of my financial future, I kinda need to have an idea of where I’m going. But bloody hell, I struggle to think about what I’m gonna do tomorrow and you want me to think about where I’m going to be in 10 years?! 😱

I don’t know if I want to buy a house. I don’t know if I want to travel. And I sure as hell don’t know if I want to have little minions that look eerily like me running around all the time. 🙄

They are some seriously cute little shits tho.

Hence, I’ve decided that I’m okay with not really knowing what I want.

Life is too unpredictable to be wasting time making elaborate plans for the future. Call me short-sighted, but I’m all for living in the moment and making the most of it. 💁🏻

But I know that it’s hard to get anywhere without some kind of plan. So I had a good think about it and figured that if I can’t settle on a monetary figure, I can at least craft some learning goals.

Because it’s important to me that I’m constantly learning and applying new knowledge to my life so that I can keep growing, and help others do the same. Hopefully, I’ll be able to gain some clarity along the way.

So, here are some of my learning goals:

1. Learn how to pick good companies to invest in and craft a sound investing strategy.

I don’t even need to risk my own money to do this. I can do it on paper (or a simulated environment like the ASX Sharemarket Game) and see how I go, so that I’ll know that when it comes time to put my own money down, I’ll be confident in my decisions.

Investing isn’t risky. It’s the uneducated investor who is the risky one. If you understand what you’re getting into, you can minimise your risk.

2. Learn what it takes to invest in property. 

So y’all are thinking about getting a house? Pfft. Not me. I have this crazy dream of getting a property and turning it into a co-working space. LOL.

It’ll obviously be aesthetic AF so you can get fired up and inspired by the environment, and the coffee will be world-class. But when it isn’t being used at night, people who are sleeping rough will be able to take shelter.

I feel like we have so much space available that could be used to help ease homelessness – all it takes is for someone to actually give a shit and do something. So, I wanna learn what it takes to invest in and manage property so that I can fulfil this crazy dream. 😍

3. Practice being mindful with my money.

I’m such a spoiled brat. I’ve always had an abundance mindset when it comes to money because I’ve rarely been denied something by my parents. Some might say that it’s a good thing because it means that I’m not being overly stingy and holding myself back from opportunities, but I recognise that it can lead to poor spending habits.

I don’t really buy things unnecessarily, but I don’t have a good think about things before I buy them either. The problem is, I have a nice safety cushion of savings that I can plop my ass down on if I overspend, and just having this at the back of my mind tends to make me more relaxed about spending. SIGH. Oh well. It’s not something that will change overnight, but I’m working on it!

There will come a time when I finally realise what I want from my life and I can figure out the finances required to sustain it. That’s when these skills and habits will come in handy. I’m going to just let it happen naturally. Sometimes, the best things in life aren’t planned.

Worst case scenario, I end up emptying out my savings due to crap spending habits and lack of planning. That’s not a bad thing, tbh. At least it’ll light a fire under my ass to earn it all back and more, because I’ll no longer have anything to fall back on. 😂

Soo… Have you thought about planning for your future? It’s never too late to start thinking about it. But you don’t needa have your shit together because life is cray-cray and most of us will probably never have all of our shit together. That’s a-okay.   

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