Part 5/9:
Through our coaching sessions, we explored the value of making conscious lifestyle choices rather than stressful financial sacrifices. We ultimately centered on her priorities, which included saving for a down payment for her daughter’s future. By prioritizing her immediate family over extended family obligations, she regained a sense of control over her finances and could work toward achievable goals without overwhelming anxiety.
Lesson Three: Increase Income Rather Than Cut Expenses
As my own income grew throughout various career moves, I learned that focusing on earning more money is an effective way to save. Initially, I was making a modest salary, but as I transitioned jobs and expanded my workplace networks, my income tripled.