Blog Archives

Big Mistakes and Bigger Lessons

Money-mistakesBy Karina Arancibia – Financial and Life Coach.

Some great lessons come from the mistakes we make…

When was the last time you made a mistake? I know sometimes it’s not easy to admit it. We don’t want to feel like we don’t know what we are doing, or that we did something wrong.

Usually when we make a mistake we can have different reactions, we might dwell on it and maybe  talk to ourselves. We might get upset and kick ourselves or we could also feel down, and that we didn’t know any better.

Lots of emotions with deal with, some people might be able to keep it cool and balanced and  that’s great and if you are able to control that. I have to admit that although I tried, to keep my cool, there is frustration inside, but also my brain starts looking for solutions and answers, I start questioning things.

Don’t think because I write this blog I don’t make any money mistakes, those have been some of my biggest lessons in my financial life, and I pass those to my kids and whoever is willing to listen.

I had an incident a few weekends ago, and it had to do with my car. My breaks broke in the middle of the night and I could not stop on a red light, I was fortunate enough that nothing happened just a scare and I was close to a friend house and I parked it there. The break was literally on the floor, wow never seen that before.. yea some people were laughing.  Read the rest of this entry

When Was Your Last Financial Check Up?

Salud financiera.

Salud financiera.

By Karina Arancibia – Financial Coach

Running a financial check up is as important as having a physical check up.

I think one things we complain the most besides not having enough time, is money.  There is just never enough for some people.  In my line of business, I have seen numerous individuals and families that have used credit as part of their budget and they live paycheque to paycheque. Creating huge amounts of consumer debt.  In many cases, there is no other alternative but to press the reset button and file for Bankruptcy. I have seen people lose more than their credit. Their homes, their dignity, their jobs, their relationships. It is a sad reality. Some fall into this trap over and over again. Some blame the credit card companies, others blame the system and others their spouses.

Well I’m here to tell you that the only responsible for your financial health is you.  You are the one that can take control. See I usually use this analogy: how is your relationship with food? Do you eat more than your body needs?  do you prepare balance meals? do you consume more calories that you can burn? Do you feel you could lose a few pounds? Read the rest of this entry