Learning about investing can be painless and dare I say fun. While treated typically as a dry, jargon filled topic, investing can be more enjoyable and more rewarding than assembling a fabulous shoe collection. Don’t believe me?
Shoes can cost you a fortune: they’re expensive to buy and, inevitably, they go in and out of style. Some even hurt your feet. While it’s true that investments can sometimes hurt – occasionally even worse than a pair of shoes – they can also make you a fortune. Investments can last a lifetime and, simultaneously, increase in value. With that fortune, you can buy more shoes and, if you practice what this blog suggests, you might even be able to buy a dress and bag to go with them.
A great shoe collection takes patience, planning, and strategy. So does investing. A great shoe collection makes you happy. So does a big bank account. A great shoe collection makes you feel good about yourself. So do profitable investments. Rather than become the proverbial little old lady who lived in her shoe, wouldn’t you rather become the smashing woman who used her investments to live her dreams in a fabulous house or condo while wearing stilettos?
October 12th, 2009
With all the screaming headlines about the collapse of the economy as we know it, it’s a good time to pause, stop and reflect on how the headlines affect you; and, more importantly, your love of shopping. What’s a Fashionista to do? Yes, “Recessionista” is the new haute word and yes, these days $1,000 + handbags do seem excessive and even a tag vulgar but sometimes a girl wants what a girl wants.
What to do? Go back to the basics. When you shop plan, focus and splurge only on investment pieces. Go lower scale for trendy items.
Now that I have your attention, I have a confession. This blog will be as much about finance as it is fashion. Planning, focus and investing are also ways to manage your money. But I promise not to put you to sleep! Watch – I’ll jolt you awake faster than a double espresso with three words: Shopping, shopping, shopping.
“Shopping isn’t finance,” you say. Yes. It is. Here’s how: shopping takes money and money is finance. Understanding money allows you to shop (and meet your insatiable need for that Louis Vuitton bag). Understanding money is about understanding some basic financial concepts. So, if you check in with me you will gain an understanding of basic personal finance and ultimately better shopping.
If you have so many shoes, but so little money, then this blog is for you.
October 24th, 2008