Save yourself...

It just dawned on me that I have no funds under my name , i mean if i didn't get paid this month end then shit will hit the fan literally
I'm gonna get kicked out , blacklisted to mention but a few
How much of the things we hold dear are actually really ours , i am talking about even the clothes and shoes we wear, the bed we sleep on at night, the smart phone we flaunt
around, the place we live in. OK let me ask you this , if you didn't get paid this month end would your survive it ?
Will you have enough to eat, drink, and most importantly will you have a place to stay ?
How much of all these materials we own "rent" are actually ours, are we leaving on borrowed time, borrowed life styles, borrowed clothes and borrowed cars
It just really got me , I have a lot but I don't really own anything, my landlord just lets me leave there for now because I can pay rent in time if I didn't have the funds
the smile she gives me every month end would turn nasty very quickly , are we leaving on pay as you go ?
I don't know about you but I'm scared, things just got real. Leaving hand to mouth and in most cases its not that we cannot afford or have more than enough its that we
consume more than we can afford , we have more month than the money, we just cant stretch it long enough
Good plans fail for lack of counsel. I read the quote earlier in the morning today and i remembered someone saying: if you knew better you would do better
And knowing is just not good enough anymore the hardest thing is practise and consistency
Take the gym for an example we pay monthly on time or should I say they debit monthly and have the most up to date machines and equipment for us to use as we please
and we are still unfit, a bit fat too. Its not enough to know or to have we have to develop a culture of owning the things we need be it a dream car , house , and if i can be
bold enough to say build the perfect body for ourselves at the gym, we have all the things we need to do it but putting in the work is just too much
this also leaves out a big portion of our lives where most of us don't even have goals, yes we have dreams big once, it would be almost a miracle to meet someone who has
written financial , health, work etc goals that are written down and get marked as they reach these goals
Information is power they say , reading is not enough ladies and gentleman, understanding is not enough anymore , we have to apply the things we learn , we have to do them!!!
So here is a couple of ideas worth thinking about if your tired as me from living month to month. I personally found these things hard to do , to be honest i don't even do
them , go figure, hence i say information is not enough, what are you doing about it. I have taken it upon myself to do a few of these things starting with having an Emergency
Fund. I'm scared, very scared as to what would happen if i lost my income and had no way to pay for my living expenses not even enough to push me a whole month, this is just
embarrassing to say the list

Passive income

1.Dividends – One of the best, most consistent forms of passive income.  Dividend-paying stocks are generally about as rock-solid as you can get in the stock market,
and pay consistent dividends.  This is almost-guaranteed money.
2.Capital Gains – While not passive income in the same sense that dividends are, I still include it here.  Whether you’re watching the ticker or not, your stocks are
( potentially ) increasing in value over time. 
3.Real Estate Cash Flow – If you own real estate and currently have tenants, you should have some sort of positive cash flow.  This is mostly hands-off – you get that
income regardless.
4.Equity Growth – Month after month, year after year, your investment real estate grows in value.  The longer you hold it ( barring bubbles / bad market conditions ),
the more equity you gain.
5.Blogging Income – Some will argue and say that blogging isn’t exactly passive.  It is and it isn’t.  There’s certainly quite a lot of work involved – the posts don’t
write or promote themselves.  However, advertising revenues still tick upwards whether I’m writing a post, at my day job, eating dinner, or taking a nap.  I’ll consider
that to be passive.

Emergency Fund

Building Your Emergency Fund
It is very likely that you’ll will have to save up for your emergency fund goal, the question is so how much is the minimum you should save in your emergency fund?
Rules of thumb suggest
that you save up anywhere from 3 and 12 months’ worth of bills. I think a true bare minimum would be either enough money to cover one month’s expenses. Maybe this is
R3500 for some, while it might be much more for others. It is suggested that you start small to reach your initial goal, and that’s ok. The most important thing is to
get in the habit of setting money aside. Put aside as much as you can until you hit your bare minimum. Use a high yield account so that you can make the most out of your interest yields.
From that point, keep adding savings from each pay cheque until you reach an amount you feel comfortable with. Once you have the total amount saved in your emergency fund,
 you can practically forget about it until the need arises.You want to be able to get your money out quickly in the event of an emergency, so make sure that the money is in
 an accessible account. A high interest savings account. However, it’s important not to have this money too accessible.
A debit card linked to your emergency fund is usually not the best idea. Keep in mind that this account is for true emergencies, not for a Date, shoes or
50 % sale Of course, now that you have an emergency fund, you can now start saving in separate accounts for these items as well!

The way to build your savings is by spending less each month.
Suze Orman