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The Red Flags telling you to work on your finances

Not everyone is on top of their finances, but there are some basics that you definitely need to cover. I learned that there are definitely 3 red flags when it comes to  people who do not look after their finances, and how you know you are (becoming) one. Not knowing about your finances is to not invest in yourself. You set yourself up for a pretty steep road if you don’t know where to go.

Not knowing about your finances is to not invest in yourself.

1# No Financial Goals

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It is vital to have financial goals. They will set you up for navigating through decisions you need to make later on and to guide you on what you need to work on and where you are good to go. A good financial knowledge basis is crucial to developing a stable financial basis for yourself. If you are financially stable you are safe to make or undo commitments and focus more on bigger life goals instead of scrambling for money all the time.

2# No Clue about your financial situation

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Having no clue about your financial situation is basically having no clue about your wardrobe. You have no knowledge to base new decisions on and you have no clue how  previous decisions affected you. By knowing your finances, just as knowing your wardrobe, you know what to do and how to act in certain situations. You will know what will be of value to you and what you already have/own and do not need anymore.

3# Succumb to Emotional Spending

You buy when you are sad to feel better and you spend money to celebrate a happy occasion. Do you see that this way you are always spending for some reason. This is a big trap to avoid. Do not create the habit of rewarding yourself something based on your emotions. You will throw away so much money in doing so ending up with stuff you don’t need, sometimes even want and usually no longer have.

So the goal is...

The goal is to start with being aware of your situation and caring about yourself!

This is where personal wealth starts. If you recognize yourself in any of the above that is definitely a red flag telling you to get control over you finances. You should be in charge of them, not the other way around.We would love to hear from you.

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We are Olivia & Morgan

So both in our 30's, with exciting careers including fast track to CEO positions, we met at RSM Business School during our MBA in The Netherlands. 

Always afraid to drop the ball, we quickly figured out life after 30 is not about having everything together, but more about developing yourself, knowing who you and what your goals are and ESPECIALLY  knowing how to get there.

Because we can all dream, but turning that into action and reality is a huge challenge.

So we created this platform to develop and achieve your goals step-by-step.

We truly believe that if you can dream it, you can make it happen. Anything you want, you can achieve.  

This is the philosophy of Eve & Elle and the core concept behind every article we write and product that we develop.

Everything we do is about helping you make it happen.