{"id":153,"date":"2023-08-09T16:47:42","date_gmt":"2023-08-09T20:47:42","guid":{"rendered":"https:\/\/pressbooks.bccampus.ca\/financialfreedomfortrades\/?post_type=part&#038;p=153"},"modified":"2024-11-04T00:35:36","modified_gmt":"2024-11-04T05:35:36","slug":"ii-the-money-mindset","status":"publish","type":"part","link":"https:\/\/pressbooks.bccampus.ca\/financialfreedomfortrades\/part\/ii-the-money-mindset\/","title":{"raw":"The Money Mindset","rendered":"The Money Mindset"},"content":{"raw":"<div class=\"textbox textbox--learning-objectives\"><header class=\"textbox__header\">\r\n<p class=\"textbox__title\">Learning Objectives<\/p>\r\n\r\n<\/header>\r\n<div class=\"textbox__content\">\r\n\r\nAfter studying this section, students should be able to:\r\n<ul>\r\n \t<li>Recognize that the journey towards financial independence involves a long-term shift in mindset<\/li>\r\n \t<li>Prepare a reasonable budget for a month as a trades worker<\/li>\r\n \t<li>Have awareness of budgeting technology tools that assist in reviewing expenses<\/li>\r\n \t<li>Classify expenses based on types of needs, wants, and savings<\/li>\r\n \t<li>Calculate individual or family savings rate<\/li>\r\n \t<li>Understand how lifestyle creep can impair accumulation of assets<\/li>\r\n \t<li>Determine an emergency fund amount<\/li>\r\n \t<li>Identify methods skilled trade workers can use to increase their savings rate<\/li>\r\n \t<li>Set SMART financial goals<\/li>\r\n<\/ul>\r\n<\/div>\r\n<\/div>\r\n&nbsp;","rendered":"<div class=\"textbox textbox--learning-objectives\">\n<header class=\"textbox__header\">\n<p class=\"textbox__title\">Learning Objectives<\/p>\n<\/header>\n<div class=\"textbox__content\">\n<p>After studying this section, students should be able to:<\/p>\n<ul>\n<li>Recognize that the journey towards financial independence involves a long-term shift in mindset<\/li>\n<li>Prepare a reasonable budget for a month as a trades worker<\/li>\n<li>Have awareness of budgeting technology tools that assist in reviewing expenses<\/li>\n<li>Classify expenses based on types of needs, wants, and savings<\/li>\n<li>Calculate individual or family savings rate<\/li>\n<li>Understand how lifestyle creep can impair accumulation of assets<\/li>\n<li>Determine an emergency fund amount<\/li>\n<li>Identify methods skilled trade workers can use to increase their savings rate<\/li>\n<li>Set SMART financial goals<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p>&nbsp;<\/p>\n","protected":false},"parent":0,"menu_order":1,"template":"","meta":{"pb_part_invisible":false,"pb_part_invisible_string":""},"contributor":[],"license":[],"class_list":["post-153","part","type-part","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/pressbooks.bccampus.ca\/financialfreedomfortrades\/wp-json\/pressbooks\/v2\/parts\/153","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pressbooks.bccampus.ca\/financialfreedomfortrades\/wp-json\/pressbooks\/v2\/parts"}],"about":[{"href":"https:\/\/pressbooks.bccampus.ca\/financialfreedomfortrades\/wp-json\/wp\/v2\/types\/part"}],"version-history":[{"count":16,"href":"https:\/\/pressbooks.bccampus.ca\/financialfreedomfortrades\/wp-json\/pressbooks\/v2\/parts\/153\/revisions"}],"predecessor-version":[{"id":1312,"href":"https:\/\/pressbooks.bccampus.ca\/financialfreedomfortrades\/wp-json\/pressbooks\/v2\/parts\/153\/revisions\/1312"}],"wp:attachment":[{"href":"https:\/\/pressbooks.bccampus.ca\/financialfreedomfortrades\/wp-json\/wp\/v2\/media?parent=153"}],"wp:term":[{"taxonomy":"contributor","embeddable":true,"href":"https:\/\/pressbooks.bccampus.ca\/financialfreedomfortrades\/wp-json\/wp\/v2\/contributor?post=153"},{"taxonomy":"license","embeddable":true,"href":"https:\/\/pressbooks.bccampus.ca\/financialfreedomfortrades\/wp-json\/wp\/v2\/license?post=153"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}