The Millionaire lifestyle on $25,000 a year.

Hello Free Spirits,

Don’t let Instagram and social media fool you. Many people are not what they post. You may see your favourite Instagram stars posting about their lavish lunches and brunches or travels. But they have student loans… or live off ramen and noodles.

So why would I come out with such a controversial statement, it’s because I have done it, well not the living off ramen part. I’m being very real here, I am not ashamed of your judgement.

Many people would say these Insta Influencers do it deliberately to trick people, or claim that they have weak self esteem and as a result boast about themselves. Kind of like that flashy guy who drives that Mercedes and girls say he is over compensating for his small &%#$. I don’t have a small dick so what is the situation for myself? For me social media and Instagram is about sharing the beautiful moments, buildings, food and creating art for others to enjoy. And most of these things happen to be what I can’t afford on the regular. Sigh..

Lets be real here. Most 18-34 year olds are not fooling any one:

“I can see the fakes, so when I look in your direction understand I’m seeing right through”- G Eazy

  • According to data from CNBC, “young millennials” — those between 18 and 24 years old — 72% have less than $1,000 in their savings accounts and 31% have $0. A sliver (8%) have over $10,000 saved.
  • According to the Bureau of Labor Statistics, the mean wage for 20- to 24-year-olds across all education levels in the third quarter of 2016 was $625 a week, or $32,500 a year.
  • A large percentage of millionaires actually drive practical cars such as “Toyota’s” and Ford. And it’s usually the people who aren’t millionaires and make less than $50,000 drive luxury cars such as Mercedes, BMW and others… Awkward its all an image thing and it is so silly. Who are we trying to impress!?

Those numbers are crazy. And 24-34 year olds aren’t better, which is so sad. Sometimes I find myself thinking… “Did I have to spend my money at that little cafe, or that fancy bar with those Manhattan views?” No, but I did it because I want to live and experience things and share the beauty with my friends, even though that $80 could have been saved for paying off my student loans.

No normal person unless they are a trust fund baby would be travelling to NYC or Montreal every weekend. I am very lucky because my job as a tour guide allows me to see the world on a regular.

Despite the rough patch I was in last year. I am getting better at managing my money. Following my 6 months no shopping challenge, which you can read about in my blog post “6 Months without Shopping: How I did it and what I learned“. I have developed great habits such as not buying useless stuff, which saved me thousands $ in just a year. Here are some financial tips that I started implementing in life which tremendously helped me out.

  1. Pay off debt first. This is my priority. I am living at home and half of what I am making is going towards paying off my debt. 7 more months and it will all be gone! wohooo
  2. Since I like going out with my boyfriend and friends at least twice a week I set aside $200 a month for that
  3. I live at home so I am saving a ton of money doing that.
  4. Be addicted to the money but find a way to manage it. Ex: Don’t buy useless stuff like makeup you will wear once or clothes you will wear once to impress that weird co worker or judgmental friend. Save, save, save.
  5. Change my perspective about money. Money is abundant and the possibilities are endless. I have a few side hustles that keep me going, one of them include this blog. I’m turning into somewhat of an entrepreneur.
  6. “Those who matter don’t mind.” Your real friends don’t care about your financial situation, and they support and understand what you are going through, without being judgemental. It’s all love.
  7. It’s easier to pretend you have money than actually work hard for it. I am aware of this phenomenon and I don’t want to be lazy, so I work hard to get results.

Now that I shared some of my tips for managing my money. What do you do? Share the knowledge with myself and others. Let’s be helpful and encouraging. We are all in this together.

So my Free Spirits, this post is about celebrating and encouraging the sharing of the beautiful and fancy things in life. But being smart about what we consume and how we manage our money. So I encourage my followers and those reading to use these wonderful lavish lives as inspiration for what you can accomplish if you work hard.

Be yourself but keep it real.

Thank you for reading this authentic post. This is something that has been on my mind for the past week.

Have a lovely day free spirits and I would love to hear your experiences and stories.

Follow me on other social media I would love to be in touch <3

I love you all.

Sincerely, Nicole





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