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10 Ways to Muscle Up Your Money and Your Life

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Featured Author:

WeSeed

WeSeed 's mission is simple: We demystify the stock market so that smart people — who don't happen to be financially savvy — can take control of their own financial future. At WeSeed, real people invest in real companies with fake money and track a portfoliYOU that's based on the companies that they like. That's it. There's no cost, and there's no risk. WeSeed is a way for people to make a connection between the real world and the stock market. We teach that Wall Street isn't this scary, inaccessible world — it's where companies are traded that make the clothes you wear, the cars you drive, the burgers you eat. Trading on WeSeed will help you make smarter, more well-informed stock decisions, and keep you more plugged into the financial world. Our big idea is this: you know more than you think, and it's time to own what you know. It's all about your financial future. Now go be brilliant.

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Listen up, girlfriends. You may be focused on getting your bod in shape, but let’s take a few minutes to focus on muscling-up your money and your life. After all, if you don’t have the dough, you can’t pay for Weight Watchers (WTW) or whatever your favorite program is. So take a look at these 10 tips and promise yourself you’ll act on at least one today.

1. Create a Personal Plan.

I do it every year: I sit down and think about what I want to accomplish professionally (try to get my finances in order), personally (get the kitchen re-done) and socially (who doesn’t want to have more friends, right?). It’s a great way to spend time on what matters: you. This doesn’t have to be some long document. Come up with no more than three goals for each category I’ve mentioned, then turn to it when you start to lose focus.

2. Pay Yourself First.

Women still outlive men by about seven years, and did you know the average age of widowhood is 57? Yikes. That means we need to put money aside for us before paying for anything else, including the bills. Make it a regular habit, and you’ll feel more confident both financially and within. Don’t come up with an excuse; just do it. Even if it’s $50 a week, it will add up. I know you can do it.

3. Turn Your Passion into Profits.

Who wouldn’t want to take a passion for shopping and turn it into money? Or how about your love of clothes or even tech gadgets? I wish someone had taught me years ago to turn what I know into stock ideas. Think about this: what if you’d bought a cool pair of running shoes from a new company in 1978, then invested in that company when it went public in 1980? I’m talking about Nike (NKE), and you’d be doing pretty well these days. Make the connection between the products you use and the stock market (which is what WeSeed is all about), and your investing will do much better.