Five financial mini-challenges to whoop your finances into shape
As some of you know, I have entertained an internship in finance for the last nine months at an incubator (also known as a co-working space, similar to WeWork). This past Monday was my last day, and I’m incredibly grateful for the lessons I’ve learned in my work with their accounting team.
My responsibilities included invoicing, credit card reconciliation, and digital expense archiving for the organization and their contributing members. While my work was geared towards examining and recording the monthly expenses of organizations with multiple employees, many of the lessons I learned can be applied on an individual scale to increase one’s financial literacy and saving potential.
As someone with a passion for personal finance, yet with no formal education on the subject, this was and continues to be very exciting. From fashion to finance to fucking, there’s just something about the letter “F” that keeps me inspired. Currently, I am in the process of saving ardently for property, and it has inspired me to employ mini-financial challenges in my day-to-day life. The following challenges can be applied by anyone with a keen interest in reducing their debt, increasing their credit score, and becoming Frugal-As-Fuck. None of the following strategies focus on how to increase your income. Rather, these challenges help you to make the most of your current income. Without further ado, here are five strategies to help you succeed in attainting your financial goals.