You’ve probably seen ads all over the internet promoting the idea of ”financial independence,” maybe you’ve seen them so often that you’re even wondering if it’s all real. How is the situation really?
From the beginning, you have to know that, as it is anywhere in the world, everything depends on you. Financial independence can be achieved, but it will not come to you if you just sit with your hands on your chest. However, there are certain steps that if you follow them you can end up “getting rid of worries, going on exotic vacations, having everything you want”, as you have probably seen in the commercials of any studio that wants you as a model.
Life as a model
It is certain that when you become a model, there are some changes in your life. One of the most important, maybe even the reason why you started doing this – money. Your perception of money will change. You will start to have a considerable monthly income, maybe more than a few months of work at the former job. How are you doing with this change? It seems like an absurd question, but find out that you need some help. In the first phase, you will want to buy everything you couldn’t until now, to go on vacation like you haven’t been before, to go out in places where you didn’t do it until now. Nothing wrong, after a lot of work you have to see the reward. The mistake comes when you want to do it all at once, or you don’t have a well-defined plan for the future.
Money management
In the beginning, in some studios, in addition to the training part that has to do with your “online” life, you will have training that will help you manage your money – that “financial education” that you probably have all heard.
It is important to see your needs clearly, to know what you need and what you don’t, what you really want and what really brings you joy. It is important to have savings, “white money for dark days”. You have to try to always learn to save when you earn. Today you may have more, tomorrow you may have less, and one day you may not have anything at all. However, your life can be just as good any day if you have some “good money”.
Moreover, invest, try to invest part of your income to generate profit, so your money practically works for you.
We know that things are also important, those sneakers or that bag must be yours. There’s nothing wrong with that. The percentage you should set aside does not necessarily exceed more than 25% of everything you do per month.
Easy to say, more difficult to do, money management is what can lead you to the much desired financial independence. Focus on your goals, always make sure you see your true interest, it works for you, and the results will not stop appearing. And by saying this, we don’t only refer to financial education, we are talking about life in general. About how if you are perseverent you will succeed, about how if you really want something, that something will be yours. Good luck!