Why 7 Minutes a Day Can Change Your Life

Author: Vanessa Stoykov
Category: Financial Freedom

I have spent my career making educational content that explains concepts in financial services easier to understand and relate to.

Have I succeeded?

I have people who tell me their savings got them through COVID. I’ve had people say they got a financial adviser, or that they changed their super fund. What I have noticed, time and again, is that it’s not just one piece of advice that people need or find helpful. What seems to be useful is encouraging everyone to know more about money and how financial services work. Everyone learns at their own pace, in their own style.

Which is why I say, setting yourself a goal of 7 minutes a day to learn more about money, will pay off. It’s a realistic time goal, it can be done easily on your phone, and can be as simple as following some budget gurus on insta, or reading articles in the press.

The first step to making life changing financial decisions, is to make the decision to know more, so that you can make informed decisions, when you are ready. This doesn’t mean you don’t seek professional advice (in fact I have been a huge advocate for advice for many years.)

What it does mean, is you need the switch to come on inside you. The one that says, I really want to get my shit together, and change my life. It’s only then that the learning and development can really have an impact – because you are investing time and attention into it willingly.

And seven minutes a day is a great start.

So next time you find yourself scrolling through your social feeds, google a term like investing, financial advice,superannuation,or any word you hear when people are talking about finance, that has traditionally made you tune out.

Go down the rabbit hole. Monitor where your skill level is at, and spend seven minutes increasing it.

If you are just starting to build your knowledge, books and newsletters like The Barefoot Investor are a great start at understanding savings, credit, planning for emergencies and investing.

If you want to know more about investing and super, then start with media publications. See who they are using as their experts in commentary. Then follow those people on social media. I promise you, it soon starts to become interesting, rather than a chore.

Learning more about money is one of those few topics that can actually have a positive direct affect on your life. Getting rid of financial stress by actually formulating a plan to change your situation over time is about living intentionally, and not just letting life “happen” to you.

With fires, pandemic,floods and more,there is so much beyond our control in the world, that having some certainty around your own goals and plans, and enough knowledge to make the right decisions to get there, is one of the smartest decision you can make

So go ahead and invest in yourself.

Invest some time into more skills and knowledge. I promise that it will benefit you and your family.

Until next time
Vanessa

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Each day I wake up excited to inspire everyday people to open up and take control of their money, regardless of their history, goals, or savings amount. About Vanessa >>

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Authors

Vanessa Stoykov

Vanessa has been passionate about writing and storytelling since her days of hiding under the doona with her torch to read after bedtime.
Kathy Skantzos

Kathy is a yoga-loving world traveller who also happens to moonlight as a business journalist and writer. She was the finance editor of news.com.au and the Managing Editor of CEO Magazine (Asia) before joining Vanessa and the evo squad.
Shayne Sommer

Shayne is second dan black belt in karate, and a budding romance writer with a difference. Why? Because she writes romance stories that always have a money lesson.
Antoinette Colbran

Specialising in stories for 50+ women, Antoinette draws from her own experiences to help other women avoid the pitfalls and see the benefits of understanding their money situation.
Michael Crooks

Michael Crooks is a more than 20 year writer and documentary maker who has worked with Time Inc and the BBC, who wants to expose the truth from real victims of financial crime to help others avoid their mistakes.
Kim Payne

Kim Payne has spent the past three decades as a speaker, trainer, business coach, and consultant in financial services. She has worked with and transformed hundreds of brilliant, educated, high achievers who are chronically under-living.
Rebecca Pritchard

Rebecca Pritchard is on a mission to help men and women achieve equality when growing a family.
Antony Perring

Ant is a writer, designer and business builder with a love of food, design and good living. He writes on food and money in an easy to do way.
Julie Hyde

Julie Hyde is a leader of leaders. A disruptor and a powerful people enabler who empowers leaders to make big things happen.
Joshua Pennell

As a Dad to four kids and a business owner, Josh is passionate about family and finances and is known as The Family Finance Guy.
Sid Lal

Sid is a serial entrepreneur who set up his first business when he was still in University. Since 2009 he has been heading Bruce Clay, first in India & more recently in Australia.
Lou Johnson

Lou Johnson believes in the power of sharing stories to build empathy, understanding and connection. Growing up surrounded by books and storytelling, alongside her drive to make a difference led her to a highly successful career in book publishing.
David Rae

Dave is a CERTIFIED FINANCIAL PLANNER® professional and has been a financial adviser since 2003. He works with a range of clients and has a strong focus on ethical and sustainable investing.
Natallia Smith

Natallia specializes in assisting pre-retiree single women—whether they are never married, widowed, separated, or divorced—understanding deeply the importance of financial stability during life's pivotal moments such as separation, divorce, retirement, and the loss of a loved one.
Mark Hoy

With over 15 years of experience in financial services, Mark established Wollemi Wealth Management in 2013. His business is built almost entirely on referrals and word of mouth — a testament to the trust, integrity, and long-term relationships he forms with his clients.
Derek Gascoigne

Derek Gascoigne is the State Manager for UniSuper Advice in Victoria and Tasmania. Derek has been with UniSuper for over 15 years, and his career in superannuation and financial services spans 27 years and counting.
Annika Bradley

Annika Bradley is Head of Advice Strategy, Research & Technical at UniSuper. She brings over 20 years of experience across investments and wealth management in both the public and private sectors.
Wayne Leggett

Wayne has been a recipient of numerous industry awards and was one of the first to qualify as a Certified Financial Planner (CFP). He has been heavily involved in industry affairs at the highest level, including serving as national president of the Association of Financial Advisers (now FAAA).
Conrad Francis

Conrad Francis is the Founding Director of Inspired Money, a Perth-based financial coaching and financial planning, mortgage broking and money coaching firm he established in 2011.
Andrew Beks

Andrew Beks is a Chartered Accountant and the founder of Simplified Business and Accounting.