There are factors in life we can’t control and others we can, when it comes to money. Unfortunately, you may have a few bad breaks in life that can be financially devastating.
- Underemployed: Not making enough at your job to get by- Unemployed: Job loss and having trouble finding a good gig
- Large amount of debt with high interest, whether student loan or credit card
- Not preparing for retirement, whether lack of knowledge or lack of money to set aside
The challenge is — unless you learn to break the mentality and adopt more of an investor mentality — you’ll find yourself overspending and needlessly upgrading your material things.
I see social media as good for businesses, building a brand, and great for marketing. But on the flip side, social media can hurt your pockets if you compare yourself to others too much online.