Monetize Chic - Smart Money. Smarter Moves.

Why Setting Money Boundaries Matters: Protect Your Finances & Peace of Mind Part 1: The Context — Money, Emotions & Invisible Pressure How Money Becomes Emotional Money is more than transactions. It’s tied up with trust, love, status, identity. Think about when you bought something: did you ever justify a purchase because “I deserve it” or “everyone else has it”? Or maybe you held back from buying something you wanted because “I’m not worthy” or “I shouldn’t spend on myself.” That’s emotion. These emotional undercurrents infect our boundary decisions: guilt, fear, shame, desire to please. Without awareness, we let others’ requests or expectations steer us into financial turmoil. Social & Cultural Pressure to “Help” Society tells us to be generous, altruistic, supportive. “Family first.” “Friends in need.” And yes, kindness matters. But when we override our own limits, we lose balance. It becomes a problem when “helping others” is consistently at your expense. Adding f...

What’s a Net Worth and Why Should You Care? 💰 Introduction: Net Worth Isn’t Just for Billionaires When you hear “net worth,” do you instantly think of Jeff Bezos, Kylie Jenner, or that one guy on Forbes’ rich list who owns three islands? Same. But here’s the plot twist: you have a net worth, too. Yep, even if your “assets” right now are a cracked iPhone, a Netflix subscription, and £3.79 in your Monzo account. 👉 Net worth is simply a snapshot of your money health. It’s not about bragging rights — it’s about knowing where you stand, so you can plan where you’re going. Quote: “What gets measured gets managed.” – Peter Drucker   🧮 Step 1: What Exactly Is Net Worth? At its core: Net Worth = What You Own (Assets) – What You Owe (Liabilities). Assets include: Cash in the bank Investments (stocks, crypto, ETFs) Property value Car (if it’s worth more than the loan you owe) Even that savings jar under your bed Liabilities include: Student loans Cred...

What to Do With a Windfall: A Complete Guide to Managing Unexpected Money Imagine this: one morning you wake up and find out you’ve received an inheritance, a bonus, a lottery win, or even a generous gift. Suddenly, there’s £5,000, £50,000, or maybe even more sitting in your account. It feels exciting, maybe even overwhelming. This is what’s known as a windfall — an unexpected financial gain. While most people dream of such a moment, the reality is that many who receive windfalls end up losing the money within a few years because they don’t plan wisely. The good news? With the right approach, a windfall can be life-changing — not just in the short term, but for your long-term financial freedom. In this guide, we’ll break down exactly what to do when you receive a windfall, how to avoid common mistakes, and how to use this money to create lasting security and opportunities. Step 1: Pause and Breathe The first step isn’t to spend — it’s to pause . Many people rush to make quick de...