This is part four of a six-part series on ways to be happy single.
Health Continued
Gym
You can join a gym which will give you access to more types of weights, machines, and cardio equipment. Access to more equipment will provide you with more options and make it easier to work towards your health goal. It could be losing weight, getting fit, or building muscle. You can then consistently go to the gym to begin to work to meet your personal health goal. Going to the gym is also a good way to teach yourself self-discipline since you will start to see results for your consistency over time.
Money
Money makes the world go round. It also is needed to live. You can learn money basics before moving on to more advanced money practices. Here are four fundamental things to work on when managing and growing money.
Budget
You can begin to follow a budget. A budget helps you manage and grow your money over time. A popular budget to mind is the 50/30/20 budget. The 50/30/20 budget works by allocating fifty percent of your income to your needs, thirty percent to your wants, and twenty percent to automatically go into your savings account. Your needs include paying rent, utility bills, and groceries every month. Your wants would be going to a bar or restaurant, a subscription to an entertainment service, or buying new clothes you may want but don’t need. You then put the final twenty percent of your monthly income into your savings account to save for a rainy day or build your FU Treasure Chest.
Savings
As you begin to save money each month, you can start to build up your savings account. While a savings account doesn’t give you high-interest today, it is still a good starting point until you become more sophisticated. Once you have enough money in your savings account to cover a year’s worth of expenses, you can begin to put some of the money from your savings into high-interest savings, certificate of deposit, and money market accounts. These are low-risk ways to earn more interest without taking on many risks.
Investing
Once you have enough money saved and invest in basic low-risk accounts, you can start to learn about investing. You can begin to learn about the stock market, cryptocurrency, and real estate and even consider starting your own business. There are different types of stocks that you can buy. Two common types are dividend-paying stocks and growth stocks. You can also consider cryptocurrency as a way to get outside of the financial system. Another option is to invest in precious metals like gold, silver, and platinum to preserve wealth. You can also consider investing in real estate. Real estate is a way to generate passive income from a tenant.
The final option is to start your own business. Today you have two options when it comes to starting a business. You can have a physical business or an online business. You may encounter fewer risks and startup costs than a physical business. There are many creative ways to create income streams for an online business today. You can also make money from advertisements on websites or YouTube. One of the great benefits of having an online business is that you can work from anywhere in the world, so you can decide to live in a less expensive country.
Develop In-Demand Skills
You can work to develop skills that are in demand. You could learn tech skills. You may want to learn a trade skill. You may even like to learn business skills to become an entrepreneur to start your own business.
Tech skills in demand are cybersecurity, data analytics, digital marketing, computer programming, and artificial intelligence. In-demand trade skills, including plumbing, construction, painting, and Business skills, cannot be taught. They must be learned over time, but some of the key skills that an entrepreneur must have are being able to manage people, creative and critical thinking skills, and an understanding of finances to find ways to grow a business.
Happy came to visit me, he bought cookies on the way
I poured him tea and he told me it'll all be okay
Well I told him I'd do anything to have him stay with me
So he laid me down, and I felt Happy come inside of me
He laid me down, and I felt happy
Become a secure single.