Three Ways To Prove You Can Handle Life-Altering Financial Decisions

The biggest and scariest financial decision I've made to date as I'm now 30 is going for a hundreds of thousands of pounds in a mortgage loan for my new home in Edinburgh. Yep, it's a huge financial commitment. With the economy's troubles and a fearful me scared of 

running out of online marketing projects, you know it's going to be my biggest enemy.

But then again, I have three things to prove to myself I can handle life-altering financial decisions. Maybe these three can help you too if you're going through the same.

A Master Of Stability

Stability is the most important focal point of your decision. But it is also what renders most investors stagnant.

I understand conservative investors who don't want to lose much for their investments. But sometimes, you have to lose some to get some.

Depending on stability alone is unstable. I learned this the hard way when I lost money in the stock market. But then again, I never lose completely when I decided to stay and see where my money takes me.

And lo and behold, this company I was holding on to just grew up by 15% in the last three 

years. Hurrah!

Looking For New Investment Opportunities

I was never really satisfied with earning just through my job as a writer and marketer. I have to raise two kids and it's never easy when you've got a new mortgage and you have someone to help you with the expenses. I went into the stock market for these new investment opportunities.

But the stock market isn't the only place to go. Banks can offer you several types of funds where you could invest your money and get some huge double back for yourself!

Knows How To Wait Out The Storm

Again, why item number 1 in this list went well is because I decided to bank on this little company. While I won't disclose its name right here, three years ago, it was down the slumps in London's Stock Market. It wasn't doing very well and I was kicking myself repeatedly for having invested in such a faulty endeavour.

But I anticipated the industry to become prominent in the next three years. And I was luckily correct.

A great financial-decider knows how to wait out the storm and when to set sail!

Will The Eco Shower Drop Truly Save You Money? Yahoo UK Finance Seems To Think So!

At any time of the year, a shower in the bath is relaxing. Warm or cold water running down your body is an option done in a few seconds by your water heater. But, upon close examination, your shower wastes about 1 ½ gallons of water yearly for daily consumption. More wasted water means higher energy bills.

Reading through Yahoo UK Finance, reporter Felicity Hannah tried the Eco Shower Drop. 

The manufacturer states that the universal shower meter helps save the average UK family about £180 annually from water and energy costs.

Attaching the gadget on her power shower, she has to turn it on. The gadget then limits the water consumption by stopping the flow when needed. She said that honestly, it couldn’t save her £180 unless you’re really disciplined to go on a timed shower.

It’s safe to say that the gadget was worth a try. Testing it out on my own regular shower, it limits my shower time and water consumption. But it doesn’t take too long to fill up the water meter as Felicity had said.

You’ll have to calibrate it effectively, which can be a bit tricky. However, if you can, it’s most likely capable to help you save water the way you need it.

Nonetheless, the key points I saw was that:

• If you’re disciplined, you could make the best out of your gadget
• No gadget can restrain your behaviour unless you let it.

So, if you plan to save money from showering, take initiative, use the gadget as your yardstick, but don’t depend on it as a primary restraint.

Three Things That Impose The Limit Where Money Can Buy You Happiness

Happiness is subjective. When you achieve something, you are happy. Opportunity provides room for achievement. Meanwhile, contentment is when you finally find something that would provide you ultimate happiness for a very long time. However, money isn’t always a bad guy, but it also isn’t always a good guy. Money can’t buy happiness, or at least there are limits.

1.    Financial Stability is Crucial to Contentment

To be content, all your resources must circulate and address all the issues you currently have in your life. Once you have your health and life insurance ready, and your retirement fund is capable of supporting you until the day you pass away, you could be happy. However, this is just half of it; to achieve maximum happiness, it is important to fulfil the things you want out of your life.

2.    Money Buys Stress

Inevitably, more money means more headaches for you. Not that it is a bad thing. Money is a reflection of your success and achievement as a person. It comes with your added responsibilities and jobs. However, more responsibilities and jobs also means stress. When there’s stress, there’s no happiness to be found. This is where a passion project could change your viewpoint about stress.

3.    Hedonism at its Finest

To say that money is the ultimate source of happiness is subscribing to hedonism, where deriving pleasure is the meaning of life. Meanwhile, if one is satisfied with hedonism, then one shouldn’t worry about finding contentment. Those who seek more challenges will find no emotional sanctuary with money as they would choose to be more than what materiality money perceives them to be.