Why chasing the bag can actually leave you broke

Why chasing the bag can actually leave you broke

Truth is, we all wanna be rich. We all wanna live a "great life" with money being at the forefront of making that happen. But what if I told you "chasing the bag" was actually leaving you broke in the end? Allow me to explain.....

 

Your health

Truth is, with chasing the bag, it means you have to invest a lot of time into different endeavors and sometimes that comes at the cost of your health. Working 16 hours days, when do you actually get time to rest in between commuting, washing clothes, taking care of kids or family, leisure time or just washing your ass? Understand there needs to be a happy medium between hustling and make sure you're good. If you run yourself down, think about how many hospital days that would be, or the bill that comes with that. Never put the money before your health

Recommendation: 

  • Drink water 
  • Schedule doctors appointments 
  • Get enough sleep 
  • Schedule your shifts to have at least one day off 

Your lifestyle 

Lets say, you know you are a partier. You love to have fun and maybe that why you picked up another job or two. What happens when you can no longer do those things because you have no time? You start to hate the decision you made... then that comes with its on set of problems, you potentially become depressed, you quit that job, you lose that job. Now you're back at square one. No need to get to that point, come up with a plan that you can forecast your availability and how/when you plan to make money. If you think you might hate the job (even a little) don't put yourself through that physical/mental abuse just to make a buck. 

Recommendation: 

  • Find something you love 
  • Set aside time to still have fun 
  • Understand that fun doesn't have to come at a dollar sign cost

Your time 

We all know time is a hot commodity! We all want more of it. Every successful person will tell you that they key to wealth is using money as a tool. Who wants to work all their life just to have the bank give you .00056437% interest back on the money you've been "chasing"?! It's important to understand that if you make money, PUT IT SOMEWHERE THAT CAN HELP YOU FLIP IT! That's the smartest solution. You may not be able to buy more time but certainly you can gain some back from getting to your goal financially and being able to relax and take it easy. 

Recommendation 

  • Invest in stocks, Cashapp now allows you to do it
  • Start a low-risk business 
  • Invest in a friends business
  • Flip your money in buy, sell or trade 

Your body 

With anything that you do, your body will be affected. Self-care is so important in times of "chasing the bag". Never forget to love on yourself. Smelling good and feeling good can change a person for the better. 

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Comments

Janaya January 9 2020

So true! I need to get better at taking care of myself!

Tanelle January 8 2020

Absolutely love this!❤️

Latasha Raines January 7 2020

I love everything about this blog,very informative and straight to the point.

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