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My prudence mechanism...

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@young-boss-karin
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A few weeks ago I got a loving verbal beating from my older brother about not being able to handle my finances myself. He complained because I always call him when I need to withdraw money from Hive and as much as he has tried to teach me (even wrote a post about it, I'm sure with me in mind), I've refused to learn.

I have my reasons. It's part of my prudence mechanism. I have this feeling that if I learn how to do these transfers and withdrawals, I'll be setting myself up for excuses and an empty wallet.

However, I might be wrong.
I recently realized that I'm in the category of humans who could stay for days without spending and then make an outrageous purchase one day that'll counter all the days I stayed without spending.

Today happened to be one of those days. I had initially gone the entire week without spending any money and then, out of nowhere, I made a silly purchase of food that wasn't even necessary.

Sometimes, I have regrets about days like these but I always compensate myself with the fact that I deserve a little lavish expense on myself once in a while.

For this reason, I have refused to learn how to take out money from my Hive wallet. The funny thing is, I know how to but I'm not letting myself trust me enough to do it.

Maybe I'll write a post about it, just to be sure that the steps in my head are correct just to be sure I know what I think I know.

Spending crypto

I consider crypto to be a long-term investment. For this reason, whenever I make a withdrawal, I feel like I'm taking my future lightly.

I have no other major investments asides from my investment in my skills, so I might as well take this bit of my life seriously.

For this reason, I always stake my rewards. I don't even think about it too hard before staking.

I'm letting myself believe that when I reach my target of 500 Hive and 1,000 Leo I might just get myself something nice to thank myself for reaching a goal. But I guess I don't know how I'll react until I get there.

Personal finance

Personal finance means a lot to me. This goes beyond just earning money. I don't really care how much a person earns but I want to know that you know how to spend your money.

This is for 2 reasons.

The first is so you can take care of yourself, and the second is so you don't be a liability to me.

A person earning over a million dollars is just as broke as someone who earns less than a thousand. You can easily lose it all if you're head isn't stable enough to handle your finance.

I'd hate to be linked to a person who loses all their money due to financial ignorance. It's not a pretty thought. I have a financial saviour complex I'm trying to get out of, I'd rather not push my luck.


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