Essence Talks 4

Mo Money, Mo Problems !

puff daddy dancing GIF

Hey guys,

So, after a long-needed hiatus (blame uni of course *rolls eyes*) I’m back with a new essence talk- this is where I discuss my views on a topic that has normally been chosen by my followers on IG- so keep a watchful eye on my stories where I announce when the next essence talk is coming up!

Today I am talking about teens and finances- the handling, the spending, the saving, the preparation, the cash losses, and the numerous, numerous amounts of L’s taken (slowly reminisces on those struggle times lool)

I guess my talk begins with growing up. I always questioned why in the UK, young children are not educated on the processes of taxes, credit scores and mortgages. I mean unless you’re going into a career such as engineering or construction, or anything lab based- I don’t necessarily see the need in me learning how to find the value of X or how to do simultaneous equations in math lessons.

Secondary school times consisted of me spending away my weekly allowance as if I was Bill Gates himself lool- back then, something like a tenner was a lot guys, it was a lot. Little did I know the importance of spending in moderation and saving and investing. I remember watching a video from Debbie Crown, as she is quite fond of spending and handling business. She said something that really stuck with me- imagine from young if she had saved at least £20 a month up until the age she is now (let’s say she’s like 24-25) she would actually have a lot right now to indulge in any investments, start up businesses or simply the ability to treat herself whenever she worked hard. Man! – I thought to myself “why didn’t I have that same mentality of money preservation when I was younger!”

It wasn’t until my late teen years on this earth, that I started to realise the importance of money management. Since having a personal accountant or banker to guide you through your finances is not available (they also cost money) I decided it was high time that I focused on my finances and took control of how I was utilising it. Now you may be wondering- you’re not married, looking for a mortgage, or own a business, so why are you so fascinated with handling your money? I believe starting or getting into the habit of doing so will lead me into setting myself up for success by the time it is time for me to go into all of those requirements that need me to spend. (God willing)

Teens and Money Today.

What I must say is, I feel empowered. Almost everyone around me is “hustling” or trying to find their path to earn an income. This is what makes me proud of my generation, and majority of it is done through talents- whether it be hair, makeup, fashion or simply having a part-time job on the side (which is very hard to do when you are enrolled as a full-time student) everyone is trying to take on a hustle that would allow them to be financially independent and that’s what I respect.

Unfortunately there is the negative side to this-the pressure to aspire to be a part of this rich percentile that fits into the brackets of designer shoes, diamond chains and luxurious accessories- now I’m not judging and I’m definitely not throwing any shade, but I guess teenagers today live in a world where social media presents itself as a platform to display your luxurious items all over, for the world to see. The thing is, many of these things don’t come through from legitimate means, and that isn’t shown on social media, so these “luxurious” items act as a disguise to the reality of things- the realities of how these items were bought in the first place. Well that is a different topic for a whole different new day.

Financial Education.

If I had the power to change the current syllabuses of Maths in the UK, believe me I would. I don’t believe it takes a university fee of 9 grand and over for young adults to realise that handling their finances takes priority and should be done with serious consideration. I believe that if we were taught with the ability of handling our finances appropriately, we would be able to make smart decisions. My parents have always been advisable when it comes to managing your money, none of them work within finance, but of course they have had years of experience of surviving in this Britain to know the ins and outs of utilising your cash, therefore I think I’ve been alright so far. Of course, I get out of control sometimes with the occasional unnecessary purchase (usually make-up) but I’ve learnt that yes, whilst money comes and goes, it should be wise of you to slow down on the spending and save up for future investments.

Tips:

1. Control your spending:
Whenever I go on my shopping trips, I play the value game. I literally ask myself if this is valuable to me? do I really need it? And what benefit is it going to give to me? If I can’t answer these things, then it’s probably not worth me tapping my card of the machine for it. It’s imperative that the money leaving your account is worth the time you spent to earn that in the first place.

2. Get a savings app
Now I’m probably playing myself as I am yet to invest in a savings app (don’t worry it will be done after this post is uploaded lool) but there are some good apps out there such as YOLT or MONZO that help set you weekly or monthly budgets and help you to track when you are overspending. I think this is great as everything we need is normally stored on our phones, so we can track our daily spending. Alternatively, we can have someone accountable for your spending e.g. a parent or close friend who can monitor when you are going over budgets

3.Have a savings account
Now this can cause a love hate relationship- but I love it more than hate it. Having a savings account is great as it allows you to store money away into another account which can help contribute to things like Christmas or holidays. Also, most banks give interest on savings, therefore you will get more money accumulated over time. However, I’m guilty of transferring between accounts most of the time as it’s so easy to do so (literally done through a phone app) so it can get tempting to pass over money to the current account- I guess you have to be really strict on yourself to avoid doing so.

Thanks for reading !

 

 

 

 

My University Experience SO FAR

My University Experience Blog –

Woow 2018 definitely needs to slow down, because it is already March and I need to catch up!  Happy New Month guys!!

So, as we are already into the new year I decided to reminisce on how my Uni experience has been so far :

First things first, I can start off by saying that being at university has enabled me to learn so much about myself in terms of how I deal with my schoolwork, my friends, my social life and my extra-curricular activities. These past few months have really allowed me to evaluate how I am especially without living with my parents and also with moving to a new city in the UK. So, I’ll explain exactly how my experience has been so far…

Let’s talk school work. So, prior to starting university I had no idea what the transaction will be like from a-levels to degree type of studying, so I wasn’t ready for the big jump in terms of how lectures worked and how coursework was planned out. I found attending lectures in my first couple of weeks quite simple as I had just started, and I thought it would be best to not miss anything important- but by the time I got to the end of my semester the familiar phrase “you’re gonna miss some of your lectures” became to common in my case. I had never attended a proper lecture before coming to university, only through an open day visit or if I attended a guest lecture, so the whole system of adjusting to lecturing style was new to me but I eventually got the hang of it.

You think A-levels gives you independence? wait till you reach university level- now that is where the independence really lies. You are an individual learner to the core! Yes, they provide you with resources and work to benefit you, but it is solely up to you whether you want to use them to your benefit or not, at the end of the day they all impact you on how well you perform at the end of the semesters. But I learnt from a-levels that I am extremely extra so whatever resources they give me I just use it to the fullest anyway, even if it not that necessary to my work.

Okay, enough about the boring topic of work, we know that university doesn’t only include school work but also a lot of social activities on the side. Now my uni (which I can’t disclose for personal reasons and also because I’m not trying to do the most lool…) offers a great university experience especially in your first week or 2 of starting. Once I arrived I immediately knew I didn’t want to be that person who stayed in their room and didn’t socialise with anybody, so I made an effort to speak to my flatmates and to get to know people who I had never come across before, and I am glad that I made that choice as It helped me to make friends whilst I was just getting to know the university for what it really is.

Likewise, with extra-curricular activities and societies, I also made the effort to join some clubs that would not only get me out of my comfort zone, but that would also make my university experience a successful and interesting one. We all need a break from revision or coursework once in a while, so I made the effort of joining societies that I would love to do in my spare time. For example, I decided to let my creative side come out a bit, so I joined a society called Open Minds who specialise in drama, poetry, music and spoken word. It was actually a great experience as I ended up becoming an intern for them and also performing one of my spoken word pieces as their showcase which I really loved doing. There are bound to be some sort of society that will cater to your personal interests, so I would encourage you to join some!

Money- What is that ?? no really what is money in university please? It is somehow non-existent really because it just disappears out of your account just like that! And to think I was watching tons of financial preparation videos before I reached uni to prepare myself in advance. Yeah, knowing me and my spending habits, it never worked really. I probably need to do a separate post on money and finances at university, and the lessons I learnt from it.

Well since I am only in my 2nd semester of my 1st year, there isn’t really much I can say, but maybe I will do an updated uni experience, when I finish 1st year or 2nd year, so that concludes my blog post.
Thanks for reading!

G R A T I T U D E.

G R A T I T U D E.

So, as the winter season is finally coming to an end (hopefully) and spring starts to sweep around, I guess I had what you call an “Epiphany” moment about being grateful

Funnily enough I was just scrolling through YouTube as you do and came across a video by one of my favourite You tubers Ayyonline. I guess I can call him a comedian as he used to make loads of hilarious videos from rants to challenges to QnA’s, however he took a long break from YouTube and returned shortly which I am soo happy about.

Anyways, he made a video titled “Are You Cold?” and me knowing how funny he is, I automatically thought that it was going to be just another video about a rant or something, however he made a valid video about how grateful we should be and how privileged we are.

Now I actually don’t know much about Climate Change and Global Warming and what not, however for it to still be snowing heavily in March-doesn’t look too promising does it? But the main points he made in the video were about us practicing our gratitude more and for us appreciating things that we take for granted.

Now where my Uni is, it’s very cold- like extremely cold. So, I avoid going out as much as I can to stay as warm as possible, but as I was thinking to myself, I realised that I haven’t been practicing gratitude as much as I could or should be doing. It just comes automatically to me that at the end of the day, I know I am going to a room with a bed, clothes, heating and warmth, however someone out on the streets isn’t.

Now I know we watch adverts on TV and we hear about charities almost every day, and we think to ourselves, yeah that’s all great and all, but when was the last time that you sat down and really appreciated the smallest things you have in life? After all the saying “you don’t know what you have, until it’s gone” is very true and relevant.

It really hit me at that moment when I was thinking to myself, when have I actually given back to my community or done something for someone in need? We always complain that there’s not enough time or energy to give back to charity or help out, but even experiencing some of these cold winters recently made me deeply evaluate my level of gratitude, and I wouldn’t say that I’m upset with myself, but more at peace that I’ve realised where I’ve gone wrong and how I can improve on myself. I guess its all just a process of self-reflection at the end of the day, and just analysing our daily contributions to life in general.

So yeah, that’s just a short post that I had to get out this week, something that was really urging me to share my thought out onto the blog!

Stay Blessed and Remain Grateful x